Hi Traydor, I am sure you realise that the first article is from over a year ago. BYD might be going backwards but the overall car sales in China grew by 19%.
One of our big markets is also a large aluminium producer nearby who is keen for our product.
CMC stated only recently that all 110k tonnes would more than likely be sold locally. Demand is so great that they do not have to concern themselves with export.
CMC Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held