65% Fe fines US$250.20/tonne pellet premium US$69.00/tonne
Iron ore Pellet price US$319.20/tonne AUD$426.69/tonne
The margin between grades goes even higher as pellets become even more sought after.
The margin gap hits another all time high as 58% grade vs. pellets is now US$158.00/tonne
The margin gap between 62% grade vs. pellets hits another all time high too at US$104.50/tonne.
Analysts are complete oblivious to the huge margin gap between grades and continually increasing making Grange the most profitable iron ore miner in Australia per tonne of iron ore produced.
Grange's Iron ore pellets at A$427/tonne
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