China iron ore cost curve H1 2015

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Report summary

The weighted average ex-mine total cash cost of Chinese iron ore producers is now US$72/dmt for 2015, US$16/dmt lower than 2014. The drop is mainly because 62 million tonnes high cost private mines closed in 2014. Another 45 million tonnes will leave market in 2015. Most of these are small private mines in contestable market and subject to seaborne competition.

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  • Document

    China iron ore cost curve H1 2015

    PDF 484.00 KB

Table of contents

  • Executive summary
  • China iron ore cost curve
  • More closures from private mines
  • Appendix: China full cost curve methodology

Tables and charts

This report includes 5 images and tables including:


  • 2015 China ex-mine total cash cost curve - US$/dmt 62% Fe equivalent
  • Average total cash cost
  • Domestic iron ore market share by region
  • Iron ore mine cash burn rate
  • China iron ore cost and production by segments

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