Its a very good question spid.
I follow the garnet market quite closely and supply is definitely tight.
Will GMA buy more by the end of the year? I reckon they have too, far from convinced they have enough at Port Gregory, but I do love the word they used “accelerated”.
MRC have the ability to sell garnet outside their offtake to GMA. I don’t believe they have ever had too though.
P
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