IRD iron road limited
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thanks for your reply mate. Interesting you highlight that para...

  1. leishd
    2,305 Posts.
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    14/04/14
    14:31
    Post #: 13249282
    thanks for your reply mate. Interesting you highlight that para as therein is the problem with magnetite...

    "domestic mines with high production costs are forced to cut output or close"

    Hematite is DSO. Magnetite is not so you would assume that if you mag producers have to do processing, grinding with massive power use that you would be the ones forced out?
    IRD Price at posting: 29.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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