Insight

Iron ore cost cuts in Australia and China, but will it last?

This report is currently unavailable

This report is currently unavailable

Get this Insight as part of a subscription

Enquire about subscriptions

Already have a subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Submit your details to receive further information about this report.

  • An error has occurred while getting captcha image
For details on how your data is used and stored, see our Privacy Notice.
 

Report summary

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 contains

  • Document

    Iron ore cost cuts in Australia and China, but will it last?

    PDF 321.34 KB

Table of contents

Tables and charts

This report includes 5 images and tables including:

Tables

  • Required transport and port cost reductions for 2016
  • Comparison of cost saving initiatives in Australia and China

Images

  • Cost drivers for mid-tier Australian producers
  • Required transport and port savings for high-cost Australian producers
  • Australian and Chinese mining cost per tonne

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898