page 38-49 Iron Ore Market Presentation from west africa Minerals last month link below . IMO $50 not even possible ,population to go up another billion by 2025 , we need all the additional supply we can get.
http://www.westafricanminerals.com/sites/default/files/2012.09_WAFM_Corporate_Overview.pdf
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iron ore forecast to hit $50 a tonne next year, page-13
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