Another thought is that PLS and AJM are holding hands a strategic move.
The ship originally commissioned by AJM but for PLS not to keep going down the gurgler needed to get some spod out to show they were back in business, but had no ship.
AJM had planned in February timeout to do maintenance and bought it forward to help their neighbor PLS and in turn themselves.
As I see it they have the same customers.
Meanwhile Tianqi want our customer
LG Chem and are currently discussing price and quantities up to 15% of GB spod.
By strengthening the Pilbara will weaken GB bargaining strength.
I also think MIN had a low ball spod price this qtr for the same reason.
We all know when it comes to tenders secret negotiations go on between bidders.
IMO ofcourse
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