@keybored Maybe- but they lose too much face when they miss guidance repeatedly. People lose confidence in their forecasts.They have been pushing hard and sailing those huge valemax ships out of PdM as often as they can.
Just think they are hitting a wall. E.g. Serra De Leste at Curionopolis (part of their Northern System) has been closed since Jan 19- environment license not re-approved. Maybe next year?
Iron ore price, page-25571
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