"This report says otherwise, tens of millions saved from power costs"
Please show a link to this. I see no announcement that states this.
"Can I take your word on that ore price? "
Do you own research, this might help you.
http://www.custeel.com/en/csi.jsp
65% grade ( US$190.50) + pellet premium (US$59.80) = IO Pellet price US$250.30/tonne
AUD$328.21/tonne
Ann: Grange Full Yr Statutory Accts 12 Months Ended 31 Dec 2020, page-120
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