700% iron ore margins for BHP, time to make it green!"Against a backdrop of weakening global industrial production and generally softer coal and base metal prices, the iron ore price rose more than 30% in the June quarter and now sits above $120 per tonne, at five-year highs. With production costs less than $20 per tonne for BHP, Rio Tinto, and Fortescue, iron ore miners are printing money at current prices. "
https://www.morningstar.com/articles/935981/iron-ore-won