I feel like while the iron ore price sits under 105 USD tonner FEX should prioritise those 3rd party iron ore loads. Why throw away high quality FE at marginal profit when the mine only has about 4 years left? I would prefer they slowed down production or did more pre stripping to remove the waste material. ore should be held at Iron ridge
and stored for a little while until they can get a price over 105 USD per tonne.
Ann: New $70 Million Haulage and Logistics Contract, page-21
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