Asset Report
Eliwana iron ore mine
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
FMG's Eliwana mine has been operational since December 2020 and has now reached full production capacity. In 2024, the mine produced 27.7 Mt, slightly below the initially projected 30 Mtpa. The operation has proven to be highly efficient, with C1 costs of US$13.7 per tonne in 2024, making it one of FMG's lowest-cost operations. This efficiency is attributed to dry beneficiation, a low strip ratio of 1.1:1, the use of autonomous trucks, and other advanced technologies. Total capital cost is estimated to be US$1.275 billion, translating to a capital intensity of US$42 per tonne.
Table of contents
- Emissions
Tables and charts
This report includes the following images and tables:
-
Eliwana Emission Intensity Quartile ranking – total global production - tonnes of ore
-
Marketable reserves (at 01/01/2025)ProductionProductionOperationsInfrastructureCash costsCash CostsCapital CostProduct quality
- 1 more item(s)...
What's included
This report contains:
Other reports you may be interested in
Asset Report
Serra Norte (Northern System) iron ore mine
Vale's Carajás region first iron ore mine. Its high-grade, low-strip reserves and large scale put it at the bottom of the industry curve.
$2,250
Asset Report
Itabira (Southeastern System) iron ore mine
Vale's Itabira complex in Minas Gerais is a key producer of DR grade pellet feed. Operations are shifting to the Conceição plant.
$2,250
Asset Report
S11D (Northern System) iron ore mine
One of the largest high-grade, direct shipping iron ore mine known in the world. Low costs are due to low-strip and the truckless system.
$2,250
