While it is true that garnet can be recycled, recycled garnet rarely meets the high quality and consistency that industrial users demand for applications such as abrasive blasting and waterjet cutting.
The supply deficit for premium alluvial garnet remains a strong market driver. Whilst garnet pricing is negotiated on a one to one basis rather than traded on a transparent commodity market. It’s not necessarily a bad thing all the time.
Bespoke pricing approaches are common in niche industrial sectors where long term stable off take agreements and rigorous quality assurance actually yield attractive margins and reduces risk, for me this makes the investment case far more compelling
HVY Price at posting:
25.5¢ 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)