FMS 0.43% $1.17 flinders mines limited

"Lower grade iron ore prices have soared to fresh multi-year...

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    "Lower grade iron ore prices have soared to fresh multi-year highs.

    According to Metal Bulletin, the spot price for 58% iron ore fines jumped 3.7% to $73.09 a tonne, leaving it at the highest level since August 2014.

    It has now gained in each of the past six sessions, extending its rally from late November last year to a mind-boggling 85%." Ref: *

 
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