Courtesy Weekend Stock……d
As we look to the year ahead, most (forecasts) are estimating another 24% increase on EVs alone, so by any measure, any other market, that’s an incredible growth rate even if it’s somewhat tempered at this time,” he said.Henderson said the volume of measures across the West to fund downstream capacity was also a positive sign of what was to come, with demand from its customers suggesting their long-term outlook for the market remains strong.
“Last quarter I did a couple of trips to China, a trip to Korea and what was really positive through all of that engagement across all of our customers is … they’re cautious in terms of the current outlook and the softer pricing. Of course they would be,” he said.
“But they’re all very strongly convicted on the long term outlook, and all of them in one way, shape or form are continuing to build and continuing to ask Pilbara for more supply, both larger volumes and longer term.”
DYOR please
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