High Grade iron ore, page-21

High grade iron ore is becoming more important. You'll note from the Custeel tables the premiums for concentrate and pellets. The standout is the iron ore pellets with a premium of US$58/tonne. Grange GRR is the only IO pellet producer and GBG the only high grade concentrate producer on the ASX. (  the premium has moved down for concentrates over the last few months and has gone ballistic for pellets up more than  50% over the past 3 months).