18
Jul
05:27
Mount Gibson foresees lower FY25 iron ore sales
Australian miner Mount Gibson Iron expects its iron ore sales for the financial year ending 30 June, 2025 (FY25) to be lower than FY24 at 2.7 million-3 million wet metric tonnes (wmt), Kallanish notes.
The firm says in a statement that the projection reflects the prior depletion of high-grade stockpiles, work to reposition the haul ramp in the current September 2024 quarter, and footwall remediation ground support activities.
The firm achieved near t…
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Anonymous
Very good overview of the weekly steel market.
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