I find it hard to understand how MIN isn't $40 given iron ore is probably going down a lot soon as China seems stuffed to me - just watch videos of all the factory towns that are ghost towns now on YouTube - all the execution risk and the lithium deals that have had to be modified or cancelled totally. Seems like time has been wasted that could have been better spent avoiding Chinese processing altogether and just trying to build in Australia or like PLS in South Korea.
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I find it hard to understand how MIN isn't $40 given iron...
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