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anglo pacific group plc

Iron ore blasts above $100 for the first time in years

Iron ore prices continue to surge, closing at fresh multi-year highs on Friday.
The benchmark price blasted through the $100 a tonne level for the first time since May 2014.
Chinese steel mills continued to ramp up production levels last week. Despite that, steel inventories held by Chinese traders continued to fall.
Iron ore is Australia’s largest export item in terms of dollar value.

Anglo Pacific Group (LON:APF) has a diverse portfolio of assets in low-risk jurisdictions and is the only listed company on the London Stock Exchange focused on royalties connected with the mining of natural resources.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.