Hi Alex
I figure we are making in the order of $16,000,000 aud profit per ship.
I base that estimate on the pellet premium + the premium on top of the premium (which comes to $121 aud) covering our C1 costs.
About 2/3 of our sales receive the premium on top of the premium.
$202 aud (representing today's price of 65% IO) × 80,000 dmt = about $16,000,000 aud profit per ship load.
Pellet Price Tracking, page-43
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