Approx $1.8 billion start up$2.8 with interest and 8yrs to start...

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    Approx $1.8 billion start up
    $2.8 with interest and 8yrs to start up mine.

    Volatile iron ore prices and the market will be flooded means the long term within 8yrs. Global recession increases risk of production being below marginal costs.
 
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