If that is the result (USD$5500 mt) that would be a massive result given the recent weakness of the AUD. With the mayhem in PRC re Covid control , weakness in the global growth is there info on EV material demands? Tesla have had restricted production in Shanghai over the last 6 months.
The turmoil in the oil markets should strengthen EV demand but there is a balancing act here.
The mid year announcement will clarify production from the second mine which has been very disappointing over the last 9 months.
BMX auction tipping comp, page-595
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