I have a different view about unit costs.
You need to add indirect costs to C1 costs and that increases total all in costs to over $50USD/dmt
Also just because there is now increased port capacity there may be many bottlenecks in the production line which may limit volumes through the port.
I believe in most probable assumptions rather than assuming every production stage delivering beyond their design capacity.
Please accept my view as a veteran miner with over 25 years mining experience in senior commercial roles.
Minval MAusIMM CPA F FIN
Iron ore price, page-53141
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