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Re: Jld3294 post# 366

Tuesday, 03/11/2014 4:55:39 PM

Tuesday, March 11, 2014 4:55:39 PM

Post# of 795

Doesn't Vale still make iron ore for $25 per ton?

VALE is a low-cost producer (excluding freight costs), but your $25 figure is off by at least a factor of 2.

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