Iron Ore Clasceramic

But iron ore has been holding comfortably above US$80 a tonne throughout the Covid-19 crisis, delivering a continuing run of fabulous profits to Australia's big miners, BHP, Rio Tinto and Fortescue, which can all dig it up at a cost of less than US$15 a tonne. The current price is about 35% higher than the federal government expected when it cast its mid-year budget outlook last December ...

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