Not quite "baloney" if you also look at it the other way of having a resource that could be dragged into orbit if you want to build stuff in space instead of having to drag it all the way up from Earth at the cost of vast amounts of fuel. If it could be used that way it's the equivalent of spending shitloads in cash.
Otherwise, yes, file it with a snake with poison strong enough to kill five elephants in a single bite under silly metrics since it's not getting to the ground to be sold.
However journalists like that sort of extrapolation.
At least this time it wasn't in Volkswagens or Libraries of Congress.