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I can't LCK suppling 50% of Australia's urea when STX are well...

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    I can't LCK suppling 50% of Australia's urea when STX are well underway to locking down offtake agreements for Project Haber having expressions of interest 2.5 times the plants proposed capacity from both domestic and international buyers. I foresee that a large portion of urea manufactured by both companies will find its way onto the international market, which is fickle at the best of times. I've seen the market fluctuate $50-100/t within a number of days and swings from 10 year highs one year to 10 year lows the next. When this happens, overseas manufactures scale back or shut down plants to reduce a glut in the market and drive prices up to a level where manufacturing can be profitable again. Will both LCK & STX be able to do this given the commitment to reducing Australia's carbon footprint? Don't get me wrong I think it's great that we will be manufacturing a larger portion of our urea need in country and will become less reliant on imports. Even better if we can export and get a slice of the Indian urea pie.
 
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