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Sunday, September 08, 2013 8:00:16 PM
http://m.seekingalpha.com/article/1631852
Question from: Dan Rollins - RBC Capital Markets, LLC, Research Division
"...Are you still seeing [niobium spot prices] around that $40 a kilogram, or have you seen a little bit of pressure coming off on that?"
Letwin (CEO): "...even though China' is being a slowdown, our niobium market really doesn't depend right now in China....right now, most of our sales are in Europe, in the U.S., some into China. So we really haven't seen our contracts' spot prices be hit in any material way..."
In the call they claim multiple times that 97% of niobec production is sold forward. Then the answer to the analyst implies that most of the 97% is being sold into the US and Europe.
Anyone know who the customers are?
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