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Iron ore price back above $100 after Evergrande debt deal – MINING.COM – MINING.com
Iron ore will come under more pressure, falling to $80 to $90 a tonne heading into next year, said UBS Group.
The recent deal brought some relief after fears over Evergrandes financial stability sparked a global flight from risk.
Related read:Mining stocks carnage as iron ore, copper prices fall
The amount due for the domestic bond is estimated to be $35.9 million….
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