• How the Iron Ore Market Works (VALE, RIO)

    Jan 24, 2020· Iron ore is an essential component for the global iron and steel industries. Almost 98% of mined iron ore is used in steel making. About 50 countries mine iron ore, with Australia and Brazil

  • Here are the breakeven rates for major iron ore miners

    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.

  • Global iron ore cost summary Report Wood Mackenzie

    Dec 17, 2019· Although C1 cash costs fell in 2019, it was offset but higher royalties paid, a direct result of higher iron ore prices. In 2020, costs are forecast to fall marginally with small productivity gains to be made but to then remain relatively flat thereafter.

  • st breakdown iron ore mining

    Global iron ore cost curve SlideShare. Oct 06, 2016 This presentation and accompanying Excel data provide an iron ore cost curve for 70 mines contributing to over 90% of the seaborne iron ore market, with breakdown of costs into mining, processing, admin, freight and royalties.

  • Iron ore pricing explained Metal Bulletin

    For example, the daily, weekly and monthly indices are listed because of the varied liquidity displayed by different parts of the market. Sinter fines and lumps make up the bulk of the seaborne iron ore market, and are the products most frequently traded on a spot basis, so daily pricing is used for the key 62% Fe, 58% Fe and 65% Fe fines, and lump premium references.

  • Global iron ore cost curves in focus Australian Mining

    Jul 01, 2016· Timetric’s Mining Intelligence Centre (MIC) has released its global iron ore cost estimates, highlighting the costs per tonne of iron ore operations. The analysis covers 70 iron ore

  • Global iron ore cost summary Report Wood Mackenzie

    Dec 17, 2019· Although C1 cash costs fell in 2019, it was offset but higher royalties paid, a direct result of higher iron ore prices. In 2020, costs are forecast to fall marginally with small productivity gains to be made but to then remain relatively flat thereafter.

  • Operating Cost for Miners SRK Consulting

    Mine cost estimation may be done at many levels. At first it may be a simple “back of the envelope” estimation using similar operations to benchmark against. Later it may be decided to use an existing mine that the company owns and factor and compare costs against them. In the final stages a detailed bottom-up estimation based on first

  • st breakdown iron ore mining

    Global iron ore cost curve SlideShare. Oct 06, 2016 This presentation and accompanying Excel data provide an iron ore cost curve for 70 mines contributing to over 90% of the seaborne iron ore market, with breakdown of costs into mining, processing, admin, freight and royalties.

  • Iron ore pricing explained Metal Bulletin

    For example, the daily, weekly and monthly indices are listed because of the varied liquidity displayed by different parts of the market. Sinter fines and lumps make up the bulk of the seaborne iron ore market, and are the products most frequently traded on a spot basis, so daily pricing is used for the key 62% Fe, 58% Fe and 65% Fe fines, and lump premium references.

  • (PDF) COST ESTIMATION FOR OPEN PIT MINES: TACKLING COST

    Whereas the cost of over mined tons of ore is reduced for when the extraction rate is Drebenstedt C: A System Dynamics Model Of Mining Costs Estimation, Conference Paper of FHDGG-Conference

  • Breaking down BHP Billiton’s iron ore production costs

    Sep 29, 2011· BHP positions itself in the cost curve around $39/t CIF. Average iron ore price for the year ended June 2011 was $163/t, resulting in a 76% operating margin. Implications: Combining the data from the two charts above, BHP’s breakdown of total iron ore costs of $39/t CIF China are as follows: US$9.4/t Contractors

  • 3 times lower wear cost with new iron ore mine pumps

    Home Insights Blog Mining and metals blog 3 times lower wear cost with new iron ore mine pumps. Mining and metals refining. Jun 30, 2016. 3 times lower wear costs, greater water savings with new iron ore mine pumps . Iron ore is one of the world’s most commonly used metals. It is the key ingredient for almost 95% of all metals produced

  • Iron ore: the bigger picture

    Chart 7 Growth in iron ore production of scale 15 Chart 8 Changes in industry costs (2000–2015) 16 Chart 9 Market attractiveness and capital commitment timing 17 Chart 10 Australian seaborne iron ore market position 18 Chart 11 Average unit cost of marginal producers 19 Chart 12 Australia’s iron ore global cost competitiveness 20

  • Overview of Mining Costs Gold Convention

    Labor Costs are the Largest Mining Cash Cost Component Other Consumables Typical Gold Mining Cash Cost Breakdown Component Range Typical Typical Gold Mining Cash Cost Breakdown Labor Fuel Utilities Parts and Supplies Labor 30% 55% 50% Fuel 8% 10% 9% Utilities 8% 11% 10% Parts & Supplies 8% 15% 12% Consumable 14% 23% 7% Other 7% 15%

  • BREAK-EVEN ANALYSIS OF MINING PROJECT

    2.8 Production in different system of mining per shift 6 2.9 Explosive consumption for different methods 7 2.10 Mine budget format 8 5.1 Year wise quality of lumps for Bolani mine 25 5.2 Year wise quality of fines of Bolani mine 25 5.3 List of equipments at Bolani mine 26 5.4 Variable cost for Bolani mines 27

  • Mining Cost Models Commodity Cost Curves Cost Services

    Comprehensive coverage of the global industry cost structure for the mining and production of iron ore fines, lump, pellet feed and pellets for the years 2006-2030 Detailed analysis and benchmarking for over 300 iron ore mines and projects around the world including over 96% of global production with a user-friendly and flexible Cost Model

  • Iron ore pricing explained Metal Bulletin

    For example, the daily, weekly and monthly indices are listed because of the varied liquidity displayed by different parts of the market. Sinter fines and lumps make up the bulk of the seaborne iron ore market, and are the products most frequently traded on a spot basis, so daily pricing is used for the key 62% Fe, 58% Fe and 65% Fe fines, and lump premium references.

  • Iron ore mining industry and associated costs study in

    450 mines covering 31 mining zones . Project Time. 16 weeks . DELIVERABLES. Fully Geographical and Ore Type Coverage. Totally Mine Category Coverage. SMM & Steelease analyze cost curve of each MZ and further grouped into total China iron ore cost curve. In-depth Cost Breakdown and Drivers Analysis. SOE Behavior and Logistics Info . PROJECT RESULT

  • Global iron ore cost curve SlideShare

    Oct 06, 2016· This presentation and accompanying Excel data provide an iron ore cost curve for 70 mines contributing to over 90% of the seaborne iron ore market, with breakdown of costs into mining, processing, admin, freight and royalties.

  • 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 content-based adjustment, based on their latest reports.

  • Mining Financial Model & Valuation

    costs x tonnes of ore Based on % of production schedule Certain tax regimes are quite complicated Not material in most costs Simplified approach in this model Typically no real inventory build up in mining Operating costs Royalties Revenue corporatefinanceinstitute Financial Section

  • Rio's now mining iron ore for $14.30 a tonne MINING.COM

    Aug 03, 2016· Rio’s now mining iron ore for $14.30 a tonne. Frik According to its half-year financial report the company’s Pilbara unit cash costs fell to $14.30 per tonne in 2016 first half compared to

  • Costmine Industry Standard for Mining Cost Estimating

    Mining Cost Service continues to be a useful reference on a wide range of topics for early stage mine planning through to ‘fill the gaps’ on more detailed studies. Mining Cost Service provides an independent source for information on equipment, quantities and cost for a significant number of mining methods and range of production rates.

  • BREAK-EVEN ANALYSIS OF MINING PROJECT

    2.8 Production in different system of mining per shift 6 2.9 Explosive consumption for different methods 7 2.10 Mine budget format 8 5.1 Year wise quality of lumps for Bolani mine 25 5.2 Year wise quality of fines of Bolani mine 25 5.3 List of equipments at Bolani mine 26 5.4 Variable cost for Bolani mines 27

  • Overview of Mining Costs Gold Convention

    Labor Costs are the Largest Mining Cash Cost Component Other Consumables Typical Gold Mining Cash Cost Breakdown Component Range Typical Typical Gold Mining Cash Cost Breakdown Labor Fuel Utilities Parts and Supplies Labor 30% 55% 50% Fuel 8% 10% 9% Utilities 8% 11% 10% Parts & Supplies 8% 15% 12% Consumable 14% 23% 7% Other 7% 15%

  • Mining Underground mining Britannica

    Mining Mining Underground mining: When any ore body lies a considerable distance below the surface, the amount of waste that has to be removed in order to uncover the ore through surface mining becomes prohibitive, and underground techniques must be considered. Counting against underground mining are the costs, which, for each ton of material mined, are much higher underground than on

  • 3 times lower wear cost with new iron ore mine pumps

    Home Insights Blog Mining and metals blog 3 times lower wear cost with new iron ore mine pumps. Mining and metals refining. Jun 30, 2016. 3 times lower wear costs, greater water savings with new iron ore mine pumps . Iron ore is one of the world’s most commonly used metals. It is the key ingredient for almost 95% of all metals produced

  • New freight fuel rules give edge to Australian iron ore

    Jun 19, 2019· WoodMac has forecast that diesel prices will add US27 cents a tonne (or 1.3 per cent) to average freight on board costs for iron ore miners. “However, the impact will not be evenly spread.

  • Iron Ore HowStuffWorks

    Most important, it releases oxygen from the iron ore, which makes up a high percentage of common iron ores. The most primitive facility used to smelt iron is a bloomery. There, a blacksmith burns charcoal with iron ore and a good supply of oxygen (provided by a bellows or blower). Charcoal is