MGX mount gibson iron limited

Another interesting article on IO Grade....

  1. 3,232 Posts.
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    https://www.acbr.com.au/chinas-desire-higher-grade-ore-undermined-import-data

    Extract -
    "This has resulted in the price for higher grade ore outperforming in recent months, with Argus Media assessing 65 per cent ore in China at US88.55 a tonne on Tuesday, a premium of $US22.90 a tonne to the 62 per cent grade.

    This means the price of higher-grade ore is currently 35 per cent above the medium-grade, which is a substantial widening from the 19 per cent premium that prevailed at the end of last year."


    The news, and numbers, for KI just keep getting better......

    GLTAH.
 
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