Iron Ore Pelletization Plant Cost New Caledonia

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The company, the world’s No.1 iron ore producer, has said its goal is to slash costs to $10,500 to $11,000 a tonne at VNC by the end of the year, as it ramps up production and prices of by-product cobalt soar — it’s up 80% so far this year. The company has already flagged its tention to halt two of its high-cost Canadian mes this year.

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