GBG gindalbie metals ltd

the worm, page-10

  1. 149 Posts.
    I've read a few articles in the past couple of days that long term iron ore prices should find equilibrium from 2016 onwards. Some figures of between $80-$90 per tonne. I admit i'm no iron ore expert. Can someone shed light on how this would play out for magnetite producers? I believe magnetite production costs are in vicinity of $60-$70 per tonne?
 
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