What we should be doing while we are only expected to produce 160kt is increase the grade -
Yes thats a very good point and would basically take us back to the situation we had originally before reducing grade and increasing production...probably part of the strategic review going on.
Life's was a lot easier at $6000t than it is at $1800t despite still being good margins.
What we can see with Albermarle's recent comments is the current soft pricing environment is forcing them consider reducing production and review projects to delay capital outlay, basically sound business practice , adapting to the surrounding environment which is extremely volotile...looking for finance becomes that much more difficult at the moment.
Cheers Whisky
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