I pulled this off IRD AGM today.
It is probably the best graph to use when looking at 65% Fe, as it shows historically the price of 65% Brazilian fines are still high and will trend higher when this commodity becomes the only iron ore the world wants to use. DSO will plummet as the world switches to green steel. IMO 68% will be worth far far far more than the current market rate when this mine is up and running in three years.
Iron ore forecast, page-4
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