If Magnetite becomes too expensive to finance mine ship etc yes this means Haematite is the way to go.What could happen then is due to the lower overall tonnages being shipped Co's with large Haematite reserves will be revalued upwards ,as demand for ore will not change, only the supply will fall causing further spikes in price????
regards
If Magnetite becomes too expensive to finance mine ship etc yes...
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Last
$65.36 |
Change
0.380(0.58%) |
Mkt cap ! $12.68B | |||
| Open | High | Low | Value | Volume |
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| 2 | 39 | $65.33 |
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