MINER'S RIGHT

The return of Simandou is a threat to second-tier iron ore miner

Rising costs and weak demand hits lower grade ore miners

Tim Treadgold
The return of Simandou is a threat to second-tier iron ore miner

Worst affected by a wave of heavy-duty discounting of second-tier ore was the Australian company Mineral Resources which posted a pre-tax loss of A$6 million in the December half compared with a profit...

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