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Big 3 iron ore miners in volume, price sweet spot

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LAUNCESTON, Australia, July 28 (Reuters) - One thing has become clear from the latest production reports from the big three iron ore miners: They appear intent on ensuring their dominance by boosting low-cost output.

BHP Billiton mined a record 225 million tons of the steelmaking ingredient in the year to end-June, beating its own forecast by 4 percent.

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