"It's in the interest of national security" , No it is not. Benlee , it is fertiliser ! In 2021 we imported 65,000 tons . Readily available. Even if the WA projects went ahead , we would still be cheaper to import from overseas by ship than by land to NSW and Vic.
It is not that big an industry worldwide. SOP , total production by value, would be lucky to equal a months worth of iron ore by bhp.
It not going ahead is a blip only , the major pain is for those who invested in it hoping to make lots of money. if the private sector cant find 20million , why should the public sector? But hey , that's capitalism , although from the look of this thread there seems a rapid shift to socialism happening.
RWD Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held
