Chief executive Morgan Ball said the recent experience of iron ore price falls and slight rebounds had been reasonably similar to 2012. "Prices came down and discounts on tier-two iron ore creeped up a bit and then they came back again, and I think we're seeing that again," Mr Ball told reporters at the Diggers and Dealers mining conference in Kalgoorlie.
Mr Ball believes the iron ore price will continue to creep up over the next six months. "I'd like to think it will be above $US100 per tonne.
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