@CravenSpecialMild ... " Also worth remembering that the lower grade mines will be the ones to suffer. WA1 will displace their product first."
CBMM are already fully aware of the need for diversification of product, hence appear to work with these other mines to keep Niobium supplies and price at a reasonable profitable level for all suppliers.
Assuming the forecast growth rate is somewhere near the 9% mentioned in the above post, none of the smaller, lower grade miners need to be suffering at all as there would still be growth of over 40,000t/a even if we did build a 30,000t/a mine.
As CBMM have done for decades, in keeping the others in business, to give industrial users confidence in consistent supply, it's a trend that needs to continue to keep the expansion of Niobium use growing, while maintaining a fairly consistent price for the industrial users, so they can grow use confidently.
WA1 Price at posting:
$14.84 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)