CAPITAL MARKETS

Big BCI bank boost on strong iron ore price

IRON ore royalty junior BCI Minerals expects to earn as much in the June quarter as from the three previous quarters combined thanks to the very strong pricing of recent months.

 Iron ore country, WA's Pilbara

Iron ore country, WA's Pilbara

The junior expects earnings (EBITDA) of A$5-6 million heading its way in the June quarter from Iron Valley production in the Pilbara, with 5.5 million tonnes shipped in the first nine months of the current...

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