GBG gindalbie metals ltd
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Platts Iodex 65%Fe

  1. samson
    379 Posts.
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    30/03/16
    22:48
    Post #: 17386555
    Can someone who knows much more than me about the myriad of different types iron ore indices/spot prices please enlighten me on the current iron ore price for 65FE.
    According to the last quarterly report, Karara sells it's Magnetite to Ansteel at the Platts IODEX 65% FE spot price for ocean freight to China.
    On the Net, I can only find the current price for 62%, which has been hovering around the mid US$50's range...up around 30% this calendar year.
    GBG Price at posting: 2.1¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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