Global iron ore cost curve
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Value-in-use iron ore costs Q2 2025
Q2 2025 iron ore value-in-use adjusted costs are up 5.3% compared to last quarter, and margins decrease to 41% in Q2 2025.
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Once operational, Chinese state-owned entities may hold and control 45% of the entire Simandou deposit.
$2,250Nimba (Yekepa) Phase 2 iron ore mine
ArcelorMittal's Nimba Phase 2 expansion produced the first concentrate in late 2024.
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