They do not have a lot of spare stock as they are at minimal working levels.
Annual Report page 14
"Total HMC stocks increased only marginally from the end of CY2020 to the end of CY2021 and remain near minimal working levels of approximately 50kt (including HMC storage pad bases)."
Stocks at end of first quarter from the quarterly page 9
"Total finished HMC inventory, at Boonanarring plus at port storage, increased to 52kt."
IMA Price at posting:
18.0¢ Sentiment: Sell Disclosure: Not Held
