Pffffft
Only the majors can do it at $80 a tonne. At that price they make plenty.
But not the jnrs.
You know this piggy.
Perhaps you can enlighten us about how many IO miners have shut up shop or shelved projects at current price levels???
Shine at MGX is the latest one to fall.
There are many others are in the process to move into maintenance and that's only Aust.
They can't just be switched back on like a light.
Iron ore price, page-39145
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