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Ximandu Iron Mine Shipment Volume Surges

2026-06-10 01:56:47

ME AI Message. UBS: Simandou iron ore shipment volume increased significantly in May to approximately 2.5 million tons, with an annualized operating rate reaching about 30 million tons, far higher than the roughly 12 million tons per year from February to April. This data suggests there is an upside risk to the Simandou 2026 shipment forecast, which is currently projected at 22 million tons. (Source: Wall Street Insight)

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