"They may have the same costs as RIO, but they incur greater penalties for grade............ "
Judging from the annual reports of both BHP and FMG, the sales per tonnes generated by both companies for FY2014 is very similar. In fact FMG did slightly better.This would suggest that the grades are very similar. RIO grade would presumably be better..
iron ore price, page-19
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$21.63 |
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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