Ann: Joint Venture discussions with Arrium for iron ore sale, page-5

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  1. 1,894 Posts.
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    IFE website says its iron ore is 40%Fe - ARI is selling iron ore for export at 58%Fe, and price of that is discounted as against 62% benchmark.
    IMO 40%Fe won't be worth anything.
    ARI is just (possibly) helping IFE by doing some testing for them.
 
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