TI1 - might be a slow burn, flying under the radar, just signed...

  1. J.W.Pepper
    5,921 Posts.
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    09/06/23
    09:54
    Post #: 68210929
    TI1 - might be a slow burn, flying under the radar, just signed a 3rd sales contract in Brazil - "delivery of a flexible monthly volume of iron ore dependent on monthly production volume until 31 March 2024, up to 165,000 tonnes"
    "The price of the product (delivered to the customer at the mine gate) is determined and
    calculated at a discount to the Metal Bulletin Iron Ore Fines 62% Fe CFR China index"

    Current Iron Ore Fines 62% Fe CFR China = $111.43 USD MT
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