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03 Mar
16:15

Labrador Iron predicts iron ore dip on supply

Canadian iron ore supplier Labrador Iron Ore Company Royalty Corporation (LIORC) has joined the chorus of market players who see a decline in iron ore prices in 2017, Kallanish reports. Labrador sees seaborne cfr China iron ore falling to about $55/ton “… based on anticipated increased supply, notably from Vale's S11D mine in Brazil and Roy Hill's mine in Australia,” the company says. “It is also reportedly feasible that the Sama…
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