Yes 3Red and with that demand the pricing will rebound - in USD not the BRICS of 22 nations trying to detach from USD which of course is another reason to detach from Chinese Gov manipulative pricing.
Current Chinese pricing for the record is down from highs of 180.000USD per ton to just below 80,000USD. Just a guide - our production forecast costs are 40,000 per tonne at full production 6,000 x 40,000USD margin = 240 million USD "revenue" - convert that to AUD and debt payback possible in 15 years or much sooner on higher future production or pricing - of course it will take a few years to scale to nameplate capacity.
ARU Price at posting:
40.5¢ Sentiment: Hold Disclosure: Held
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