Supply Mt Marion another Greenbushes

The amount of production now hitting the market from this joint China/Australia owned mine, may not be fully understood by investors. Its impact on world supply and pricing must be significant....simply by the amount of rock concentrate exports the company will produce.

Mt Marion will export 400,000 tpa or the equivalent of about 60,000 of carbonate. Greenbushes currently at 65,000 tpa of carbonate (although they will double production in 2018.). Greenbushes produced about one third of all world supply last year.

Greenbushes is much discussed and highly regarded, but here we have another producer, mostly unheralded..,,.with similar levels of production. Throw Galaxy production into the mix from now.....and really its easy to see a doubling of production ALONE from these 3 companies verse 2016 levels.

Galaxy do not have a contract for 2017 production. Something for investors to keep a close eye on.