Yes, there are different price range for 58% vs 62% IO on the market. The report mentioned that objective to be procees these ores to 59% and it explained how to be done. We have some ores with 59% fe and may be considered as diresct shipable ore (DSO). I think most of the miners do process some of their ores to make them shipable.
Using simple calculation, 1.2 BT ore with 52.3% fe may become 1.06 BT ore with 58% fe Or 1.01 BT ore with 62% fe after processing. I think higher the processing would incur higher production cost.
IMHO ONLY. DYOR.
regards Akamal.
Yes, there are different price range for 58% vs 62% IO on the...
Add RHK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
79.0¢ |
Change
-0.015(1.86%) |
Mkt cap ! $153.8M | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 80.0¢ | 76.5¢ | $4.774K | 6.127K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 398 | 79.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 86.5¢ | 7128 | 1 |
View Market Depth
| Last trade - 14.27pm 29/07/2024 (20 minute delay) ? |
| RHK (ASX) Chart |