FEX also have a 12 month iron ore 45% hedging in place (fixed &...

  1. 10,807 Posts.
    lightbulb Created with Sketch. 289
    FEX also have a 12 month iron ore 45% hedging in place (fixed & agreed with I believe Macquarie Bank @ $230/tonne) commencing from October '21 to October '22 another very smart move locking in a very high iron ore hedging price Cudos to FEX management.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.