For Rawles, it is likely the space will see more contracts of...

For Rawles, it is likely the space will see more contracts of this nature, particularly as more automakers move towards direct-sourcing strategies.“Longer-term contracts should be beneficial for the supply chain, potentially to stabilize volatility and decrease security of supply concerns,” he said.For the head of price assessment at Benchmark Mineral Intelligence, a key challenge that may start to become more common is a lack of longer-term material availability.“Any buyers that are late to lock in these deals may struggle to find the material they need. During contract negotiation this year there were fewer contracts concluded for a number of reasons, but partly due to longer-term deals keeping supply out of the market for a number of years,” he said. QUOTE
Deals now are paramount for companies long term future IMO

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