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Iron ore prices are in free fall, suffering the largest one-day percentage decline in over a year on Wednesday.. According to Metal Bulletin, the spot price for benchmark 62% fines plummeted 8.5% to $68.04 a tonne, leaving it at the …
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Nov 20, 2014· CAA Resources, controlled by China, reopened “Iron Hill,” a dormant iron mine in Bukit Besi, Malaysia, and is ramping up production despite the ore’s falling price.
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Iron Ore Spot Price (Any Origin) historical data, charts, stats and more. Iron Ore Spot Price (Any Origin) is at a current level of 66.10, up from 65.75 last month and up from 62.43 one year ago.
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As of 2013, there were 98 iron ore mines in Malaysia, scattered throughout Pahang, Johor, Perak, and Terengganu. Malaysia has a known iron ore reserve estimated at RM17 billion (as of 2013).
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