Brazil out of the picture for a few months as the virus gets far...

Brazil out of the picture for a few months as the virus gets far worse.
Going on what is happening elsewhere they are at the early stages with rises going upwards in recent days where we had that back in March and went into lock down where they didn't.

Brazil at 294,000 cases and about 19,000 deaths.
https://www.worldometers.info/coronavirus/country/brazil/

Their death rate starts getting out of hand late April early May and now up around the 1000 mark a day.

Brazil has no economic package to help its citizens so either work and risk the virus or don't work and starve to death.
Just be thankful we live here in Australia.

FMG and the other iron ore miners in Australia will be fine.

China steel mills are design for Australia or Brazil high quality iron ore so now China has to buy from us.
Less supply due to Brazil problems with the virus and less iron ore on the market will see prices rise even further.
China in a spending mood to get their economy back.

It seems we hold all the cards.