"Value-in-use operating cost (62% Fe eq.) represents the total operating cost per tonne of concentrate produced for the first ten years of operations at scale, inclusive of freight, royalties, lease costs and sustaining capital, with the value-in-use price premium (see a. above) SUBTRACTED, enabling direct comparison with the benchmark 62% iron ore index reference price."
Ann: Future Facing Commodities Conference Presentation, page-45
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