Excess product on the spot market in a supply/demand deficit is a beautiful thing, and the demand will continue to outweigh supply for some time yet.
Makes up for the higher operating costs and existing contracts that need to be renegotiated - might go a long way to help funding POSCO venture also.
Go you good thing
The Battery Material
Exchange (BMX) platform is intended to provide Pilbara Minerals with a further avenue for sales
growth, offering interested parties with access to current and future unallocated spodumene
concentrate product from the Company’s operations, including from the recently acquired Ngungaju
Plant following its recommencement.
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- Ann: Results of Inaugural BMX Auction
Ann: Results of Inaugural BMX Auction, page-93
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