AGO 0.00% 4.5¢ atlas iron limited

Does anyone know what iron ore hedging is? I just went through...

  1. 257 Posts.
    Does anyone know what iron ore hedging is? I just went through the sept qtrly report and Atlas has 520,000 iron ore hedge to be settle in dec 2014 ranging from aud$91.01-95.33 basis 62% FE.

    What does that mean?
 
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