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14 May
01:00

Iron ore miners continue to push output, accept lower prices

The big four international iron ore miners are accepting of lower prices in the short term, they told delegates to the Singapore Exchange Iron Ore Forum on Thursday. They are not making significant changes therefore to their announced production plans, they say. The four remain split between the expansionists and the steady-statists, Kallanish notes. Rio Tinto and BHP Billiton have essentially stuck to expansion plans, whilst Fortescue Metals Group (FMG) says its e…
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