FMG 0.06% $16.12 fortescue ltd

Iron ore price, page-25396

  1. 5,806 Posts.
    lightbulb Created with Sketch. 1782
    Well it looks like that pie in the sky 400mt target from Vale is still a long long way off.

    vale who are renowned for being very ambitious in their forecasts are only forecasting production of 315-335mt for 2021 in a release just out.

    Also a downgrade for 2020 to 300-305mt.

    The Dallan might be at 1000 sooner than we think...


    961C87F4-D4B1-4E1C-ADED-EFED876D39E1.jpeg
 
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