Doing some quick checking and I note that the best price for power/electricity in Indonesia for even the largest industrial producer is more than US$0.08c /KWh.
This is double the price that OMH pays at SCORE Sarawak. Ferro manganese takes 3500KWh to produce 1 tonne. GMC is already behind in the cost of producing ferroalloys.
It costs OMH US$140 in electricity to produce 1 tonne of ferro manganese in Sarawak Malaysia
It would cost GMC at least US$280 in electricity to produce 1 tonne of ferro manganese.
GMC Price at posting:
0.7¢ Sentiment: None Disclosure: Not Held
