It has to be a short term issue if pricing stays where it is.
MIN's spod production costs are in the $400-500's.
AJM and PLS would be much higher (considering debt) until they can stabilise production but they still have a challenge of servicing a whopping large interest rate in the case of AJM
A40 will struggle too - their silver bullet is that the Bald Hill resource could be substantially bigger in size.
A bunch of US spod producers have already shut down.
A lot of new supply is just not coming on anymore.
ALB/MIN sound like they will slow Wodgina down.
Supply and Demand will reach a new base as the market no longer looks appealing to new spod entrants. New spod plays will struggle to get funding and develop.
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