IO at $60 is coming ..AGO can pop, page-19

  1. 10,824 Posts.
    So, here's a question.

    Do you think BHP and RIO would allow Atlas to open another mine and increase market share, or would they squeeze them out ?

    Atlas is on a declining production profile from here on without another mine, and the more they sell at a loss now the less they have to make money if sales price gets higher than their all-in costs.

    As for the US - how much iron ore does the US import, and how much steel does it import ? I thought they were both under embargo and have been for a couple of decades.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.