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08:24
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Originally posted by tobiasroy:
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The bad news is the tugboat strikes are bad for Australia but the good news is Pilbara ore will not be affected as Port Headland will not have lockouts or any other schedule stoppages. The WA ports that will cease operations on Friday “if” they can’t come to a last minute agreement are Albany,Kwinana and Geraldton ports according to a report 5 hours ago. Happy days and for those that gave up their shares today might be wise to have a couple of protein bars close by as could turn into a hard fight to get them back under $5 imo with investors climbing over each other at the open.
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These lockouts in other WA ports will mean lithium and other commod supply tightens further, AKE, ALB, Tianqi will be affected...
(20min delay)