Who is next to go offline, following CXO?
Its likely to be the Canadian mob referred to in my above post.
On a nameplate basis, the pair equate to 423kt of spod, 56kt LCE. If BMI's forecast of 30kt LCE surplus in 2024 is correct, we could see S/D balance revert to a 26kt deficit quite soon and, to make matters worse, ore exports out of Africa will be challenged due to shipping shit show in the Red Sea.
According to a SMM report last week, Australian miners will be responsible and maintain their offtake contract volumes .
Dear SMM, what could go wrong, bearing in mind, its cyclone season in Oz, keeping our employees safe is paramount, I can already feel that water licking at my feet again....
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Who is next to go offline, following CXO?Its likely to be the...
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