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Kryvyi Rih is a Ukrainian iron ore mine owned by ArcelorMittal. It produces 10Mtpa of iron ore concentrate, of which 80% is trucked to it's own steel plant nearby. The remaining ore is railed to other ArcelorMittal affiliates in Eastern Europe as well as to third parties. Kryvyi Rih has benefited greatly from the devaluation of its local currency and continues to seek efficiency improvements in order to keep costs low. As such, we expect costs to remain low at Kryvyi Rih, particularly given that only a small proportion of its concentrate is dependent on national rail freight routes where high tariff increases have been implemented.
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Kryvyi Rih surface iron ore mine PDF - 679.06 KB 8 Pages, 10 Tables, 2 Figures
Kryvyi Rih surface.xls XLS - 226.00 KB
Description
This Iron Ore Metals Mine report provides a detailed analysis of the cost profile, geology, reserves and future production for this mine, as well as a detailed location map.
Iron ore producers, advisors and financial companies can use this report to better understand asset value and efficiency of the operation. It will also help you benchmark against similar mines, identify acquisition opportunities and examine evolving cost structures to strengthen business strategies.
Wood Mackenzie's cost methodology is the established global industry standard, relied on by the world’s leading investment banks and mining companies to make strategic, operational and investment decisions.
Our analysts are based in the markets they analyse, working with high-quality proprietary cost databases and cost curve analyses to write consistent and reliable insights. Our database includes over 2,450 asset analyses covering more than 1,000 companies worldwide.
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Asset report | Aug 2016
Kryvyi Rih surface iron ore mine
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