Filling another ship will just lead to losing more money, Mn ore price is nearing a 10 year low.
E25 will be the first Manganese ore business to go broke, other miners with costs of US$1.70/dmtu will still survive.
Unfortunately a few high cost producers will need to go bust before the Mn ore price will rebound. E25 is at the top of the list as there are no other producers who are more expensive.
E25 Price at posting:
63.5¢ Sentiment: Sell Disclosure: Held
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