Meanwhile, demand for aluminium, which is a key consumer of silicon metal is growing at sub 5% per annum, and looks to continue growing that way.
as well as demand for solar, which is growing explosively. Even with technological advancement that reduces the amount of material needed in a solar panel.
its still growing at 10% ish. Once solar becomes significantly cheaper than coal.
which utility scale is already at. Demand will likely accelerate further.
together the silicon metal market is growing at 5 to 8% per annum.
i hope management has the foresight to see this.
Ann: FY2023 Net Profit After Tax US$18.2 Million & App 4E, page-52
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