another 70 MT per annum is coming online next year assuming RH goes ahead as planned and BHP + RIO expand as planned.
Thats another 6%. Prices could go lower than todays, far lower. 62% of worldwide supply comes from BHP and RIO who have an average FOB cost of ~$40/t (accounting for recent drop in the dollar).. Scary stuff.
SDL Price at posting:
4.8¢ Sentiment: Sell Disclosure: Not Held
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