How the Iron Ore Market Works VALE, RIOThe long term investment plans of the top three iron ore producers show that they intend to reduce costs further and increase production aggressively Over the long term, the low cost iron mines.Global Iron Ore Cost CurveThis presentation and accompanying Excel data provide an iron ore cost curve for 70 mines contributing to over 90 of the seaborne iron ...
Sep 29, 2011 BHP Billiton organized a site tour of its Western Australia Iron Ore operations this week, providing valuable information about its production costs Source BHP Billiton Site Tour Presentation, September 27 2011 Observations BHP positions itself in the cost curve around 39t CIF. Average iron ore price for the year ended June 2011 was 163t, resulting
Oct 06, 2014 BHP plans to slash iron ore production costs BHP said it could boost its annual iron ore output rate from 225 million tonnes at the end of 2013 to 290 million by June 2017. Photo Reuters
Jul 20, 2016 Vale, the worlds top supplier of iron ore, has also been increasing its production of the commodity and is racing to complete a US14.3 billion iron-ore mine in the Brazilian Amazon.
Oct 06, 2014 BHP Billiton has raised the stakes in the ongoing war of attrition in global iron ore with a plan to slash costs and lift production. The worlds biggest miner is going head to head with arch ...
Oct 06, 2014 BHP Billiton aims to cut its iron ore production costs by more than 25 percent and squeeze more tonnes from its mines as it aims to overtake
Oct 08, 2014 Closing the all-in cost gap to Rio will be an effort as Rio has shorter haul distances, greater economies of scale and more automation, but the cost-out drive is a good news story for both. BHP Billiton iron ore president Jimmy Wilson acknowledged on Monday that Rio Tinto would not stand still in its own drive to cut costs.
Aussie iron ore giants remain bullish despite price drop ... At Fortescue Metals, the current production cost per ton of iron ore has fallen 12 from a year earlier to roughly 13. The figure stands at for Rio Tinto and about 15 for BHP Billiton, all .....
Global Iron Ore Cost Curve. This report provides a breakdown of mining cash costs per tonne for individual iron ore operations, company production and country production. Timetrics analysis covers 70 iron ore operations accounting for over 1,300Mt of iron ore production globally, the majority of which is export production.
Oct 17, 2012 BHP Billiton BHP.AX BLT.L is forging ahead with plans to boost iron ore output as low cost mining giants carve out a larger market share
Oct 06, 2016 2. Ken Research Pvt. Ltd. Global Iron Ore Cost Curve, March 2016 Key Findings Further reduction in iron ore production cost Principal Cause lower average oil prices and shut down of high cost mines. BHP Billitons Yandi is the lowest cost operation, with FOB cost
3 Cost Components. 4 Key Highlights. 5 Global Iron Ore Cost Curve, 2015. 6 Company Cost Curve, 2015. 7 Country Cost Curve 2015. 8 Rio Tinto Cost Curve, 2015. 9 Vale Cost Curve, 2015. 10 BHP Billiton Cost Curve, 2015. 11 Further Information
Oct 10, 2014 Wilson outlined BHP Billitons view of the long-term supply and demand trends in the iron ore market. We continue to see healthy demand growth for iron ore in the mid-term as Chinese steel production is expected to increase by approximately 25 to between 1.0 and 1.1 billion tonnes in the early to mid-2020s, he said.
Dec 22, 2020 Global iron ore cost summary Report summary Average seaborne cash costs in 2020 fell to US29tonne, compared to US31tonne in 2019 and global C1 operating costs
Apr 08, 2015 As a result, more high-cost supply from the mainland and elsewhere will be squeezed out of the market. Mainland ore imports surged 13.8 per cent
Mar 02, 2014 Iron ore price impact. Source indexmundi Iron ore prices from June 2013 to January 2014 were in the range from 127.19 per tonne to 137.06 per tonne with an average price of
Oct 06, 2014 BHP Billiton continued to see healthy demand growth for iron ore in the mid-term as Chinese steel production is expected to rise by about 25 percent in the early to mid-2020s, he added.
Sep 05, 2016 Global Iron Ore Cost Curve. This report provides a breakdown of mining cash costs per tonne for individual iron ore operations, company production and country production
Oct 06, 2014 October 6, 2014, 832 AM. Mining giant BHP Billiton said Monday it planned to cut costs and lift production at its Western Australian iron ore operations as it aims to be the lowest cost supplier to China. Iron ore prices have fallen sharply this year amid increased production, but BHP iron ore president Jimmy Wilson said the firm wanted to ...
Oct 14, 2015 However, based on this analysis, iron ore prices should find medium-term support at prices ranging from 4245 per ton. As there is still more low-cost
Aug 24, 2017 BHPs iron ore asset WAIO Western Australia Iron Ore contributes more than 90.0 of the companys total iron ore production. Production
Aug 18, 2016 Cost-cutting in iron ore BHPs total iron ore production increased by 2 in fiscal 2016 to a record 227 million tons. More than 90 of BHPs iron ore comes from WAIO Western Australia iron ore.
Sep 16, 2020 Iron ore production of BHP 2008-2020. This statistic shows BHPs production of iron ore from 2008 to 2020, years ended on June 30. In 2012, BHP produced nearly 160 million metric tons of iron ore ...
Jan 08, 2018 It shows the current breakeven levels for various iron ore miners, along with the annual volumes each produce and the average quality of the ore they mine.