Re Glass manufacturer- announcement 11 July 2019
China Southern Glass Strategic Alliance MOU
CSG is one of the biggest glass manufacturers in China from float glass to solar etc.
the MOU was for 6 months and lapsed but a great information gathering exercise for VRX.
A big requirement of glass production is energy to convert silica and Muchea has a major gas pipeline running past it and gas is cheap in WA.
2019 was before the Greenie event of gas is not cool. Agree coal isn’t but Solar is next to useless this month in Perth etc etc (storms & rain) so without gas there would be no cement, Alumina, lithium and everything else we value add or refine here.
Gas at Muchea is a potential huge advantage for us, AND I’ve heard that the Government will or has rezone part of that region for industry.
IMO glass won’t be anytime soon but I expect it will eventually - at great expense and without China.
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