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Morgan Stanley takes peek at iron ore cost curve

Recent pricing putting pressure on least financially efficient producers

Michael Quinn
MinRes' being shuttered Yilgarn iron ore business. Credit: MinRes

MinRes' being shuttered Yilgarn iron ore business. Credit: MinRes

Morgan Stanley suggests the latest iron ore assessments point to the 90th percentile being about US$85 per tonne, with a further circa 120 million tonnes — or about 6% of the market — "buffer of supply"...

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