MMX murchison metals ltd
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magnetite price

  1. hws
    613 Posts.
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    30/09/11
    16:12
    Post #: 9034586
    Interesting to note in GBG annual report that "high grade magnetite concentrate is attracting in the region of US$200". Has always attracted a premium which Chinese steel mills are prepared to pay. It does not mean additional profits for magnetite miners because of extra costs. But please when detractors of magnetite get on their box about dropping IO prices - stop quoting DSO prices!!
    MMX Price at posting: 33.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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