Daily iron ore price update (no lifting in WA)

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The iron ore complex continues to scratch newer highs at the start of the year with spot prices again over $80USD per tonne, while Dalian six month futures are bunching up to a big breakout:

ore1 ore2 ore3 ore4

More noises from the leaners in WA with former Commonwealth Bank chairman John Ralph pushing his weight around the WA Nationals attempt to lift iron ore taxes a paltry amount.

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