Hi Fitnfam,
Thanks for your reply to my post.
re: Adjustment to the Platts 62% price for grade.
I used the 1H14 number which was 95.7%. I did this for FMG and AGO. So the comparison is fair. I might be off a few percentage points. It doesn't change the conclusion.
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- ARI is cheaper than FMG or AGO as just as Iron Ore business.
ARI is cheaper than FMG or AGO as just as Iron Ore business., page-3
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