also the increase in costs is a non issue despite what you may see in the media.
C1 costs per tonne shipped is always going to be higher if you have lower shipments as most of the costs incurred are fixed in nature.
if they can do around 54mt this quarter which is their aim, then costs will start substantially less than current.
If we were to see c1 costs for just March, then they will be much much lower.
Iron ore price, page-52032
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