after its production costs hit a record low in the last quarter, fortescue metals wants to drive costs even lower this financial year, according to the ceo of the australian iron ore producer.
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shanghai, aug 1 (smm) potential, accelerated production at steel mills in tangshan will fuel demand for iron ore and continue to provide strong support to ore prices in august.The upside room in iron ore prices will be capped as growing raw materials costs drove steelmakers into losses.Smm.Read More
fortescue cuts iron ore production cost target.Iron ore stood at $57.40 a metric ton on wednesday.The reduction in so-called c1 costs this year would better align fortescues cost structure.Read More
perth-based fortescue this morning said the average realised price for its iron ore, which is broadly of a lower grade compared to the material sold by the likes of rio tinto and bhp billiton, had.Read More
global iron ore production will grow modestly over the years due to mine expansions in brazil and increasing output from india.Meanwhile, output growth in china will decline on the back of falling ore grades and high costs of production.Global iron ore production will grow modestly from 3,348mnt in 2019 to 3,482mnt by 2028.Read More
Make better decisions with our detailed cost and production data explore detailed analysis of historical data, plus up to 15-year site-focused forecasts.Using our site-by-site analysis, we provide a comprehensive commentary on the operational changes within the industry and the ramifications for costs .Read More
global iron ore cost curves in focus.July 1,.Highlighting the costs per tonne of iron ore operations.Not only for holding the largest share of world production, but for also comprising.Read More
The iron ore market in china, the largest buyer, evaluates seaborne iron ore prices on a delivered basis across grades and with domestic supplies.Spot iron ore prices delivered into china are a global benchmark, and higher shipping costs may lead to changes in netback prices and costs .Read More
australia's total production of iron ore for 2016 was 858 mt (table 1, table 3), with wa producing 846 mt, or 99% of overall production.South australia and tasmania have maintained their iron ore production to approximately 9 mt and 3 mt, respectively, representing approximately 1% of the national total of iron ore production for 2016.Read More