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Jul 27, 2017· Iron ore miner Fortescue Metals Group says it can get its cash costs to as low a $US11 a tonne in the 2018 financial year, after slashing costs by 15 per cent across ...

Apr 29, 2020· During the three-month period ended March 31, 2020, the total cash cost 2 or C1 cash cost 2 per tonne totalled $53.9 /dmt, compared to $48.4 /dmt in the same period of the previous year.

Aug 25, 2017· Iron ore costs. Iron ore makes up 45.0% of BHP ... had slightly higher C1 cash costs of $15.20 per ton. Its unit costs have a significant improvement potential as its S11D project reaches full ...

Iron ore fines C1 cash costs US$/t Vale managed to overcome the challenges faced in 2Q18 and delivered a C1 cash cost in line with previous quarters Highlights 2Q18 Effects of the BRL depreciation and higher dilution of fixed costs on higher production volumes were offset by: • .

Apr 08, 2015· Iron ore is getting slammed. Over two months the commodity has fallen almost 25%. Overnight, iron ore was $48.06 per tonne – a far cry from the .

May 22, 2019· Evolution Mining's (ASX:EVN) part of the Ernest Henry operations was the lowest cost producer reporting an AISC of A$-510/oz followed by Newcrest's Cadia Valley operations with an AISC of A$206/oz, then by Kirkland Lakes' (ASX:KLA) Fosterville mine (A$442/oz).

Iron-ore producer Fortescue Metals has lowered its cash production costs (C1) to a record low of $12.08 a wet metric tonne (wmt). The C1 compares with $12.15/wmt in the first quarter of the 2018 ...

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.

May 15, 2018· C1 cash costs (50th percentile) indexed to 2003(1) Commodity prices indexed to 2003(2) Bank of America Merrill Lynch 2018 Global Metals, Mining & Steel Conference 2003 2005 2007 2009 2011 2013 2015 Copper Iron ore Zinc Thermal coal 2003 2005 2007 2009 2011 2013 2015 Copper Aluminium Nickel Met Coal Iron ore Thermal Coal Zinc

Jul 28, 2020· The C1 cash-cost 1 for the quarter was impacted by various factors, including the inefficiencies related to the COVID-19 preventive measures associated with social distancing protocols and the negative volume impact of lower iron ore concentrate sales, as fixed costs remained unchanged. To maintain its partnership with its agile workforce, the ...

Dec 14, 2019· One of the most common is their unit costs or net direct cash costs, which many refer to as C1. This metric measures the actual cash costs an iron ore mining .

Mining Method: Deposit : Ore Processing : Production Costs Search ... Cash Costs / C1. Total Cash Costs / C2. AISC. All-in Costs / C3. Currency $/t mined $/t milled; Open Pit. Underground. Combined. Open Pit. Underground. Combined. Direct. Processing. Total. Asset Mine Project CurrencyCode Commodity Cash Costs Total Cash Costs AISC All-in Costs ...

Mining iron ore at Fortescue's Solomon Hub operations in WA's Pilbara. ... arguing that declining margins across Chinese steel mills will drive a return in appetite for Fortescue's ore ...

• C1 costs of US$12.78/wmt reflect disciplined cost management, mining and processing performance, together with record shipping levels achieved during the quarter. FY19 C1 costs were US$13.11/wmt, six per cent above FY18. For personal use only

Western Australian Iron Ore (WAIO) C1 costs for FY19 were US$14.16 per tonne, or $12.86/t excluding third-party royalties. Login or Start a $1 trial to read the full article.

•Net Direct Cash Cost (C1) represents the cash cost incurred at each processing stage, from mining through to recoverable metal delivered to market, less net by-product credits (if any). The M1 margin is defined as metal price received minus C1. •Production Cost (C2) is the sum of net direct cash costs (C1.

Nov 05, 2014· Its cash costs for iron ore production were $20.80 per ton in 2013. Rio's target is to achieve all-in cash costs of $35 per ton by 2020. Its rival, BHP, wants to become the lowest cost iron ore ...

Aug 20, 2019· Western Australian Iron Ore (WAIO) C1 costs for FY19 were US$14.16 per tonne, or $12.86/t excluding third-party royalties. Login or Start a $1 trial to read the full article.

Mining Cost Service is the industry standard reference for Mining Cost Estimation. This system places cost estimating data at your fingertips with conveniently indexed information to make your cost estimates faster, easier, and more credible. Monthly updates assure that you are working with the most current cost .

Fortescue has released its December 2019 quarterly production results, reporting shipments of 46.4 million tonnes and cash production costs C1 of USD 12.54 per wet metric tonne for the quarter.

C1 Cost The C1 cost represents the 'direct' production costs of iron ore and is a commonly quoted figure. However, it does not represent the full cost of production. Fortescue's C1 cost guidance for the second half of FY15 is US$25-26/wmt. Delivered cost . The delivered cost includes the C1 cost, plus shipping, royalties and overhead costs.

Brook Hunt – C1 Net Direct Cash Cost (C1) represents the cash cost incurred at each processing stage, from mining through to recoverable metal delivered to market, less net by-product credits (if any). The M1 margin is defined as metal price received minus C1. Direct Cash Costs cover: - Mining, ore freight and milling costs.

That's why its best just to use the representation of a generic C1 cost curve – and then break it down from there. ... elevated contaminant levels. Iron ore marketing is actually quite ...

• Iron ore fines C1 cash cost reached US$ 15.3/t in 3Q19, US$ 2.3/t lower than in 2Q19 and in line with the reduction mentioned in 2Q19, mainly due to the dilution effect on higher volumes and the decrease in demurrage costs after the normalization of the Ponta da Madeira port operations.
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