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Iron ore producers in Australia and China have been forced to reduce costs in view of low commodity prices. Companies have undertaken various means to cut costs under difficult market conditions. The Average Australian FOB cost has dropped from US$29.3/tonne in 2014 to US$21.8/tonne in 2015. Savings have been realised in the areas of low diesel prices, labour, operations and government support.
What's included?
This report includes 2 file(s)
Iron ore cost cuts in Australia and China, but will it last? PDF - 321.34 KB 7 Pages, 2 Tables, 3 Figures
All data.xls XLS - 168.50 KB
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This Metals Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.
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Insight | Jun 2015
Iron ore cost cuts in Australia and China, but will it last?
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