As one of the top four producers in the world, our position on the global cost curve is absolutely vital. Stephen Pearce More Quotes by Stephen Pearce More Quotes From Stephen Pearce People were very pleased with the progress we've made on costs, very pleased with the guidance we were providing on the cost journey ahead of us and the certainty and clarity we provided, and with a little bit of an uptick in the iron ore price, yesterday was the time to go back to the market. Stephen Pearce company-news We were happy that we made the right decision to walk away. We weren't happy with the cost. Stephen Pearce company-news