Few months back i looked into MIN and i said hold on, they have sheet grade ore like FMG and AGO but why did they receive only 12% discount when FMG AGO was over 30%, so because they specialize in processing they must bring the grade up and take some crap out, WHY HASNT FMG DONE IT ? why now have they said they will produce 60% grade early next year from EXISTING OPERATING MINES ? so they could have done it months ago but obviously did not want costs to go up 5 ot 10c
I'm tellen ya this company's management has gone from best to worst, seems botox has taken a front seat.
Iron ore price, page-6950
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