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Dark clouds gather over iron ore

The good and bad news in a price of $90/t for the steel-making ingredient

Dark clouds gather over iron ore Dark clouds gather over iron ore Dark clouds gather over iron ore Dark clouds gather over iron ore Dark clouds gather over iron ore

The Pilbara iron ore operations have produced fewer tonnes because of a return to more 'normal' wet season

Now, the bad news about iron ore: at $90/t there is a powerful incentive for old and inefficient mines that had been mothballed during the recent period of lower prices to restart production.

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