22
Jan
03:24
Mount Gibson maintains FY24 sales guidance
Australian iron ore producer Mount Gibson Iron has maintained its FY24 guidance for high grade iron ore sales of 3.8-4.2 million wet metric tonnes (wmt) from Koolan Island in Australia, after a strong operating performance in the December quarter, Kallanish notes.
The firm says in a statement that guidance is maintained at an average site cash operating cost of AUD 65-70/wmt fob ($42.76-46.05/t) before royalties and capital projects. Based on …
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Very good overview of the weekly steel market.
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