That's incorrect re BHP and Rio,
Look at their reserves and resources statements
As an example most of Rio's production is Pilbara Blend which is well above 60% (the Tom Price Brockman component being north of 64%)
Yandi is a high garde pisolite ore around the 58% (low impurities)
Robe River (ex North asset) is a lower grade pisolite
RIo and BHP have lower grade ore similar to FMG's that they could use themselves if they wanted to. Why would they choose to blend with FMG?
FMG don't exactly have a great record when it comes to annoucements on agreements.
That's incorrect re BHP and Rio, Look at their reserves and...
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Last
$17.97 |
Change
0.240(1.35%) |
Mkt cap ! $54.77B | |||
| Open | High | Low | Value | Volume |
| $17.93 | $18.00 | $17.70 | $89.20M | 4.994M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 10606 | $17.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.98 | 7059 | 33 |
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| Last trade - 15.28pm 18/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |