Given the production/environmental issues Vale has in their southern and southeastern systems, which is typically lower grade and higher cost/marginal assets, surely Vale would be interested. Could even help them minimise the magnitude of their production shortfalls and associated investor confidence levels in their capability.
It should provide another bargaining point for CTM in any off-take for Jaguar with Vale too...
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1 | 48905 | 0.385 |
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Price($) | Vol. | No. |
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