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5 Pages

China iron ore cost curve H2 2014

China iron ore cost curve H2 2014

Report summary

Chinese iron ore producers average total cash cost have reduced to US$87/dmt from US$92/dmt in April. Local government tax cuts (grey costs) are the main reason. Our China producers' ex-mine total cash cost curve shows 119 Mtpa private mines are at risk of closure in coming years. Chinese producers' costs can be cut by a further 10% via aggressive labour cost control and removal of all grey costs. 

What's included?

This report includes 2 file(s)

  • China iron ore cost curve H2 2014 PDF - 504.70 KB 5 Pages, 0 Tables, 5 Figures
  • china cost curve October.xls XLS - 286.00 KB


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  • Executive Summary
  • China iron ore cost curve
  • Potential for further cost cuts
  • Appendix: China full cost curve methodology

In this report there are 5 tables or charts, including:

  • Executive Summary
  • China iron ore cost curve
    • 2014 China ex-mine total cash cost curve - US$/dmt 62% Fe equivalent
    • Average total cash cost
  • Potential for further cost cuts
    • China iron ore mine cost structure
    • Potential cost cut - US$/dmt 62% Fe equivalent
  • Appendix: China full cost curve methodology
    • China iron ore cost and production by segments
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