FMG 1.90% $22.00 fortescue ltd

Vale Brucutu mine was supposed to restart within 72 hours.Yet...

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    Vale Brucutu mine was supposed to restart within 72 hours.
    Yet there has not been any confirmation that this is the case.

    Even if Brucutu restarts, Vale has reaffirmed guidance as announced previously that they will ship between 50mt to 75mt.

    Could this be the reason for a spike in the futures contract price?
 
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