Maybe... but with major exporters like Vale in Brazil hitting lower targets and countries like India suggesting a temporary ban on iron ore exports above 58% Fe... Combined with China's demand for iron/steel has consistently increased and Aussie major miners barley producing new mines, for a 1 for 1 replacement of existing diminishing mines.
Would they dare; warrant the repercussions??
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26.5¢ |
Change
-0.005(1.85%) |
Mkt cap ! $26.08M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.5¢ | 26.5¢ | $64.47K | 241.3K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 27.0¢ |
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| Price($) | Vol. | No. |
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| MGT (ASX) Chart |