When IRD bring in the mine on budget [ which would be bigger than Roy Hill but for the scale back ]
The cost per tonne will be US $ 26 which is at the grey column above the 600 point after premium allowances
The yellow is Simandou which everyone thinks is a threat but has a $10 ++ sea freight penalty to China
BHP and Rio’s estimated cost to mine and deliver iron ore to China is about $35 a metric ton, making them still profitable at lower iron-ore prices."
