Energy crisis in China resulting in less Aluminium production, meaning a supply glut of bauxite and now we have the below which is further restricting aluminium production, meaning bauxite stockpiles growing further ...
https://www.news.com.au/finance/business/manufacturing/global-car-industry-to-grind-to-a-halt-within-weeks-amid-catastrophic-chinese-magnesium-shortage/news-story/95391646713f4b2f6246b7664881c304
No major developments soon we'll see this one hit 5c again, maybe much lower. Short term very risky hold, however I'm still very bullish long term.
