Shabi,
What you are try to say?
BHP or FMG or RIO haven’t stop mining and gone into care and maintenance?
BHP and RIO product grade are +60 to 65% Fe, in compare to +55 to 58% for BCI. That five percent in grade makes lots of difference, more dollar value for the product.
These companies have billions of tonnes resource or reserve with these grade specification. The total resource of BCI is in one deposit.
News: UPDATE 1-Iron ore shipments to China up 1 pct in Dec-Pilbara Ports, page-12
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