$2,350 USD per tonne for 5.5SC which is equivalent to $2,629 USD per dmt INCLUDING freight to China for 6.0SC !!
That’s outstanding and should continue to support growing contract prices for longer term offtakes.
Maybe more importantly though tells a big story of how much that ex-AJM plant will be producing for us when it starts to sell all of its spod on the BMX market.
That price per tonne equivalent for 6.0SC at current exchange rate is $3,500 AUD per tonne!
This is fantastic news and also apparently again there were many multiple parties bidding. Supply deficit is already in full swing!
Let’s see how long it takes for the various parties to start providing new target SP off this news!
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- Ann: Results of Third BMX Auction
Ann: Results of Third BMX Auction, page-13
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