Normal
Yep, it’ is.So the Iron Bridge concentrate is higher cost per tonne than the regular direct shipping ore, however it also sells at a higher price.Where their direct shipping Ore sells at about a 15% discount to stated Iron Ore bench mark price, the Iron Bridge product sells at a 15% - 20% premium.So due to the premium more than offsetting the higher costs, and the smaller volumes, I just ignore it and treat it all as direct shipping Ore in my calculation.
Yep, it’ is.
So the Iron Bridge concentrate is higher cost per tonne than the regular direct shipping ore, however it also sells at a higher price.
Where their direct shipping Ore sells at about a 15% discount to stated Iron Ore bench mark price, the Iron Bridge product sells at a 15% - 20% premium.
So due to the premium more than offsetting the higher costs, and the smaller volumes, I just ignore it and treat it all as direct shipping Ore in my calculation.
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