FMG 1.86% $19.54 fortescue ltd

A fews ago SBS financial daily news predicted IO may drop to 60...

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    A fews ago SBS financial daily news predicted IO may drop to 60 per tonne by the end of the first quarter in 2025 due to lower demand in China. This would result in the loss of 3 biiion in the Government renvue.
    Any one in HC believes this IO price may happen?
 
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