Ann: Iron Ridge reaches steady-state production, page-58

Yep agreed, iron ore is here to stay at these prices, there is also a gqp for our grade ore.

Vale 65% grade supply problems,
FMG iron bridge project suffering time delays and cost blow out.
Rio has had Baowu corp and nippon steel both sign up for more supply. Rio dacing delays at jukkan gorge.

BHP at max capacity.

And here we have Fex producing / exploring the weld range.

Fex up and running we now banking cash.

Europe has high steel demand coming.

USA has the green light to spend on infrastructure.
Scrap yards in japan south korea and who knows else where (india) are all being raided for the metal.

FEX are sitting in the sweet spot and out grade price of ore will continue to go up, there is simply not enought supply with the abovementioned problems.

Rooks