So....stockpiles.
Given that LIT stockpiles were being built at a time when the price was soaring onwards and upwards, todays prices MUST be hurting whoever has these stockpiles (China, USA, everyone? - I've no idea). It must surely be in their interest (whoever they are) to shift the stuff. Maybe we'll see a return of EV subsidies just to move it? I suspect nothing positive will happen until US rates show strong signs of coming down permanently.
In the meantime, watching AKE vaporise before our very eyes is really depressing. Looking at the relatively minuscule price fall of PLS by comparison.SIGH.
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