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"Therefore probably won't sell domestically at all."What are you...

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Dylannnnnn

226 Posts.

20

04/01/23

21:45

Post #: 65534165
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Originally posted by The paladin: ↑

Got about 0.3% of the port lol, hope for retail battery pump of sillyness. CXM and indeed the other QLD phosphate players (private market) have a lower impurity mix which makes it easier for downstream producers (WES, IPL ect) to mix into their exisiting manufacturing lines. They also beneficiate which decreases this further, the easier it is to mix the higher it's value, also higher grade .

aev cannot beneficiate due to its impurity's, (research article posted a few weeks back). Therefore probably won't sell domestically at all. Meaning any offtake will have to be to a low cost player overseas, (probs india, as they have very low standards and import most of their supply.

Should also note the phosphate market is starting to get flooded with supply most likely see prices down at $200 USD a tonne by about may? Many phosphate import countries are reporting oversupply right now as farmers reduce usage. Leading indicators are Brazil and other south American players when they report their storage levels.

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"Therefore probably won't sell domestically at all."
What are you talking about? Did the project with Alees and NT government eclipse your mind?

Last edited by Dylannnnnn: 04/01/23

AEV Price at posting: 1.7¢ Sentiment: Hold Disclosure: Held
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