From an economic perspective, Pinnacle does not expect demand for pellets to be impacted as the company has long-term take or pay contracts with its customers in place, and in the event power consumption declines, it is expected that use of other non-renewable fuels will be reduced ahead of any reduction in wood pellet use. However, in the event of a possible recession due to the COVID-19 health threat, demand for lumber could be reduced, thereby impacting the supply of sawmill residual fibre. In this case, Pinnacle has a strategy in place for ...
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