Cannot find where they reported the AKE costs, profit and loss. Did I miss it?Yes, that's terrible price. Even at the latest prices, 5.5% spod from SMM is quoted US$850/t at the moment. I can't imagine what's the current price Mt Cat. fetches, as the average price of the quarter was only $763 for its 5.3% spod.
Likewise the carbonhydrate sold price was pathetic. For the whole quarter that price is equivelant to about CNY 97k/t. But the Chinese spot price, even for industrial grade, did not fall below CNY 110k/t until mid December.
Now I can only think the Chinese are not manipulating the prices. Their spot prices are actually far better than many realised.
AKE operation was probably losing money already.
2023 Results, page-4
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Last
$7.14 |
Change
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| Open | High | Low | Value | Volume |
| $7.11 | $7.18 | $7.09 | $10.19M | 1.429M |
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| No. | Vol. | Price($) |
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| 2 | 31915 | $7.13 |
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| Price($) | Vol. | No. |
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| $7.14 | 1989 | 1 |
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| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Change
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| $7.14 | $7.17 | $7.09 | 128492 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
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