From the MIN Resources March 2022 Quarterly report on Friday, The Price per dmt they got is mentioned on its lone Wodgina shipment in February on the Bulk Carrier Royal Innovation after it was stockpiled for some 3 years.
Does the Price mentioned by them reflect the current market in February
or has its SC6 product quality come into play being it has sat there for that length of time
Still, a good price was achieved for so-called stockpiles during C and M....
From the announcement...
Wodgina SPODUMENE CONCENTRATE dry metric tonnes Q3 FY22
Approximately 45k dmt of spodumene concentrate was stockpiled prior to Wodgina being placed on care and maintenance in 2019. In response to the market conditions, the MARBL JV sold 22k dmt during the quarter at US$2,200/dmt.
Ramp up of next PLS shipment..., page-1287
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