The iron ore concentrate price has moved higher again overnight. Great time for ELE to be producing 65% high grade iron ore concentrate at US$180.30/t AUD$250.10/t. Profits will be in the order of A$100/tonne.
China’s infrastructure-driven steel price rise to lift imports of Australian ore in January
in Dry Bulk Market,Freight News 18/01/2022
China’s iron ore imports may reach 90 million tons in January, which would represent a 5 percent month-on-month increase, driven by stronger infrastructure investment, and Australia is likely to account for 60 percent of those imports, becoming the biggest beneficiary, industry insiders said on Sunday.
LINK
The iron ore concentrate price has moved higher again overnight....
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