Ann: New Haematite Project Secured , page-10

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  1. 2,689 Posts.
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    Dagar!

    You can NOT assume FOB Fe to stay at $150/t. Many people expecting Fe to fall below $100/t. This project's cost is $94/t, so how do you make money?

    When you build a new project you need look into long term price of ore not spot price.
 
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