How about you list the upcoming new producers and expansions along with their "new" supply timing and tonnages..? Then you can compare that to the various demand forecasts for the next decade or so.
I know you won't/can't do that, so ....Spoiler alert: AFAICT there appears to be enough demand growth on the cards to require an average of around 200kt of NEW supply to come online every single year for the next decade or so. That's a NEW supply of 25ktpa LCE required, on average, every 6-7 weeks.
Read that again. ...and again.
ps. Pro tip: basically any new supply coming online from a new operation in the next 5 years will already be under development. Can you list 40 new 25ktpa operations that are seriously undergoing development, or the equivalent e.g. 20 new 50ktpa operations...? Nope, neither can I, or anyone that I ask.
AGY's relatively small 10ktpa expansion is but a drop in the bucket of what is required, yet you claim that example highlights a "supply avalanche ahead". Just wow. I suggest some more reading and a calculator.
Cheers & good luck
AGY Price at posting:
41.0¢ Sentiment: Buy Disclosure: Held
