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Why is Fortescue blocking Atlas?

June 8, 2018 - 10:22 -- Admin

Via UBS: What is Atlas Iron? AGO is predominately an iron ore producer. It has three operations in the north of the Pilbara and sold 14.4Mt (via Utah Point) in FY17 at a C1 cash cost of A$34.8/wmt FOB (cf. FMG c.US$11-12/wmt). With a reserve grade for its current operations at c.57% Fe, AGO has

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