Unfortunately you are so right. We send off the raw materials for cents and buy them back as manufactured goods for dollars. Been going on for many decades. Is it possible that STX could be in a position down the track where domestic gas is the downstream industry and the production of urea the primary product? I have seen figures relating to imported area and the subsequent increase in the cost of grain, etc. It would appear that Australian production of urea could be of national significance. Two immediate benefits being massive savings on imported urea and more competitive pricing of Australian grain on global markets. The main men behind STX are not just pretty faces!
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