MGT 2.08% 23.5¢ magnetite mines limited.

Maybe... but with major exporters like Vale in Brazil hitting...

  1. 2,694 Posts.
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    Maybe... but with major exporters like Vale in Brazil hitting lower targets and countries like India suggesting a temporary ban on iron ore exports above 58% Fe... Combined with China's demand for iron/steel has consistently increased and Aussie major miners barley producing new mines, for a 1 for 1 replacement of existing diminishing mines.

    Would they dare; warrant the repercussions??
    Last edited by BullishTrends: 14/12/20
 
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