This paragraph gives a little more clarity, especially in the production of highly commercial, photovoltaic systems.
The primary suppliers are either suffering depletion, are withdrawing supply tonnage, or are not politically stable. This is not particularly favorable for companies with larger, long term solar installation contracts, where supply is paramount.
As tin is considered a critical metal, and has other important uses, let's hope the 46/t average stays, as it slows new mine development, all the while supporting a reasonable EPS.
Add extra output, and a stable economic and political landscape, alongside a relatively stable currency, and hopefully we look fairly attractive for macro contract supply lines.
MLX Price at posting:
46.0¢ Sentiment: Buy Disclosure: Held
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