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The iron ore price puzzle

If iron ore is trading at around US$163 a tonne, why are the share prices of major producers based on a price of less than US$70/t?

The iron ore price puzzle The iron ore price puzzle The iron ore price puzzle The iron ore price puzzle The iron ore price puzzle

The iron ore price relative to mining companies is proving quite the head-scratcher

The only possible answers to that question posed this week in a bank research note are that either the market is mispricing top producers such as Rio Tinto, BHP, Fortescue Metals and Anglo American,