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Small iron ore producers refuse to yield

They boost output amid big players' strategy of flooding market to squeeze out smaller rivals
Thursday, April 16, 2015 - 05:50

Sydney

ONE reason for the continued freefall in iron ore prices can be found at the century-old Iron Knob mine in Outback Australia. In the face of a concerted export push by the big producers that was expected to squeeze out smaller rivals, Arrium Ltd is restarting the mine and lifting

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