We expect falling diesel prices to reduce coal mine site costs by US$1/tonne in 2015 on a global weighted average basis. The impact is small but material as miners struggle to survive in a weak price environment. Our analysis is based on a diesel price of US$0.74/litre which represents a 28% decline from the average price in the first half of 2014.
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Insight | Dec 2014
Falling diesel prices to have a limited impact on mine site costs
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