so we have a 239m MC at 39c brand new iron ore producer with a few teething problems.
what is their break even point? $65 C1 costs + $20 (wild guess) for other costs = not a low cost producer. I may be hoping they can ship more than 3mt sooner rather than later.
I fear that there may be more downside even if IO price is stable above $100
so we have a 239m MC at 39c brand new iron ore producer with a...
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