EXT AGM presentation appears to state 2008 world production was 112mlbs and 74mlbs came from 12 mines shown in the presentation.
Adding two new mines to these existing 12 mines, some of which will increase their output, shows EXT predicts the output or supply for 2013 will increase by around 48% from 2008 levels.
That is an 8.5% increase (compounding) in supply per annum from 2008 to 2013.
Is there demand to meet this supply increase???
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