"The growing divergence between the spot prices for 62 per cent Fe and 58 per cent Fe ores has intensified the focus on beneficiating lower grade ores to take advantage of the higher price for premium grade ores, so this is expected to be a significant focus at the Iron Ore Conference in Perth during July 2019"
There has been a structural shift from China that seems to be a stronger preference for higher grade Fe concentrate.
Cheers
These are only my random thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
