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Lean Fe miners ride Chinese wave

An unexpected price lift has combined with cost cutting to boost margins

Lean Fe miners ride Chinese wave Lean Fe miners ride Chinese wave Lean Fe miners ride Chinese wave Lean Fe miners ride Chinese wave Lean Fe miners ride Chinese wave

Source: company data, Mining Journal, February 2017

When commodities prices bottomed in 2015, miners globally embarked on efficiency and cost drives that have seen the costs of extraction more than halve within the space of two years.

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