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Price spread between iron ore grades likely to narrow

The Australian iron ore mining major-Fortescue Metals Group said Wednesday that it expects the price spread between the 58% Fe and 62% Fe grades to narrow further in the year ahead. The company stated that they are seeing it narrow already. Nev ...

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INTERVIEW-Fortescue says increases iron ore output as more China mines close

 Fortescue chief says company mining above its capacity rate * Sees rising Chinese market as higher cost domestic mines shut * With major expansion work over, focus is on debts, costs   By James Regan   KALGOORLIE, Australia, Aug 5 ...

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