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Vale readies for iron ore price war |

Vale readies for iron ore price war |

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May 20, 2016· Vale readies for iron ore price war. Frik Els ... Vale told investors S11D would push the company's cash costs per tonne to below 10 from the current ... Vale's landed cost in China .

BHP aims to slash iron ore costs to become cheapest supplier

BHP aims to slash iron ore costs to become cheapest supplier

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Oct 05, 2014· BHP aims to slash iron ore costs to become cheapest supplier. The focus of mining companies has shifted towards cost cutting as iron ore prices have dropped from about 190 a ton in 2011 to less than 80 now, sinking to fiveyear lows as supply growth from the major miners has exceeded demand growth by more than two to one.

Mining Core ores

Mining Core ores

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Print edition | Business. AT THE pinnacle of the mining industry sit two AngloAustralian companies, BHP Billiton and Rio Tinto, which are to iron ore what Saudi Arabia is to oil: the ones who call the shots. Their mines in Pilbara, Western Australia, are vast cash cows; with allin costs below 30 a tonne, they still generate substantial profits...

Iron Investing News | Investing News Network

Iron Investing News | Investing News Network

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China, which is not only the top ironproducing country, but also the largest consumer of the metal, has had a difficult time as many of its mines operate at a higher cost than the spot price has ...

Liberum lifts iron ore price forecasts

Liberum lifts iron ore price forecasts

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For instance, in September 2017, Chinese officials announced that they will cancel about a third of the country's iron ore mining licences, mostly belonging to small polluting mines as part of ...

Here are the breakeven costs for Australia's iron ore ...

Here are the breakeven costs for Australia's iron ore ...

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Apr 08, 2015· Iron ore is getting slammed. Over two months the commodity has fallen almost 25%. Overnight, iron ore was per tonne – a far cry from the more than 100 it .

In Australia, China's Appetite Shifts From Rocks to Real ...

In Australia, China's Appetite Shifts From Rocks to Real ...

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Sep 25, 2016· In Australia, China's Appetite Shifts From Rocks to Real Estate China's breakneck growth fueled an iron ore boom in Western Australia. Now, Chinese investors are fleeing a .

BHP Billiton Outlines Plan to Cut Costs on Iron Ore The ...

BHP Billiton Outlines Plan to Cut Costs on Iron Ore The ...

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Oct 07, 2014· BHP Billiton Outlines Plan to Cut Costs on Iron Ore. ... the world's largest mining company but the No. 3 iron ore producer behind Vale and Rio Tinto, outlined the cost .

Ironore prices rally to nearly 2year high in wake of ...

Ironore prices rally to nearly 2year high in wake of ...

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Feb 06, 2019· Aerial view of mudslides a day after the collapse of a dam at an ironore mine belonging to Brazilian mining company Vale on Jan. 26 near the town of Brumadinho. The price of iron ore .

How Are Iron Ore Miners Placed on the Cost Curve? Yahoo

How Are Iron Ore Miners Placed on the Cost Curve? Yahoo

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Oct 14, 2015· How Are Iron Ore Miners Placed on the Cost Curve? ... The above chart shows the cash costs for iron ore miners per dry metric ton delivered price to China on a 62% iron ore contentbased ...

How does the money get to Australia from China in payment ...

How does the money get to Australia from China in payment ...

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The Chinese like dealing in cash. There is a regular cargo flight to the mines head offices usually in Perth with bales of 100usd bills. It supposed to be a secret but most who work in mining know about it. The money is transported from the airpo...

Iron mining in the United States Wikipedia

Iron mining in the United States Wikipedia

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Iron mining in the United States produced million metric tons of iron ore in 2015, worth US billion. Iron ore was the thirdhighestvalue metal mined in the United States, after gold and copper. Iron ore was mined from nine active mines and three reclamation operations in .

Box B: Iron Ore and Coal Cost Curves

Box B: Iron Ore and Coal Cost Curves

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the lower end of the global cost curve (Graph B1). In contrast, Chinese iron ore production tends to be at the higher end, which is likely to reflect higher processing costs due to the lower quality of iron ore mined as well as the high cost of transporting domestic ore to steel mills owing to the inland location of the iron ore mines.

Fiji: Chinese to finance Tuvatu gold mine | Papua New ...

Fiji: Chinese to finance Tuvatu gold mine | Papua New ...

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Aug 26, 2016· The Company envisages a low cost underground gold mining operation producing 352,931 ounces of gold at head grades of g/t Au over an initial 7 year mine life, including 262,000 ounces at g/t through year three, at cash costs of US567 per ounce with allin sustaining costs of US779 per ounce.

Chinese iron ore mines face 'annihilation' as BHP, Rio ...

Chinese iron ore mines face 'annihilation' as BHP, Rio ...

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May 13, 2015· Iron ore production in China is poised to shrink further as cheaper imports and faltering demand threaten to close mines supplying mills in the top steelmaker.

Mauritania's mining industry hit by commodity price fall ...

Mauritania's mining industry hit by commodity price fall ...

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Apr 15, 2016· Mauritania's mining industry hit by commodity price fall. ... Cost cutting has caused some tensions in the industry. ... Chinese iron ore prices are not expected to pick up for at least two ...