LMG 2.78% 3.5¢ latrobe magnesium limited

general discussion, page-913

  1. 686 Posts.
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    I agree. But if you do a google search, you will find the overall sharemarket and commodities market was light on Magnesium news over the last two weeks. That makes sense because news has been focussed on sharemarkets due to the steep price correction of the Nasdaq. Hence, the news has been focussed on overall macro themes, not commodities.

    However.

    The price correction conversation is slowly easing. At that point, the news will start to shift to specifics.

    I did do my own sniffing around on this though. Made a hash up of posting it above. But, in short...

    Supply challenges loom on Magensium in 2022. The price of Magnesium in major market Rotterdam was quoted above and its rising.

    And European supply companies are still warning of a potentially catastrophic shortage of Magnesium.


    Last edited by KiwiCheek: 03/02/22
 
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