Asset report
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8 Pages

Minntac iron ore mine


Minntac iron ore mine

Report summary

Minntac is a surface mine located in Minnesota's Mesabi Iron Range near Mountain Iron, Minnesota. It is the largest iron ore mine in the United States, with an annual production capacity of 15 Mtpa.  US Steel owns 100% of the operation. The company expects potential expenditures of more than US$200 million to install dry waste gas controls to address fugitive dust emission violations. The United Steelworkers union has negotiated a labour agreement allowing a 2% per annum increase in wages, over and above inflation. We have factored this rise in labour rates in our forward-looking C1 cash costs for Minntac.

What's included?

This report includes 2 file(s)

  • Minntac iron ore mine PDF - 318.98 KB 8 Pages, 10 Tables, 3 Figures
  • Minntac.xls XLS - 215.50 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.

  • Key facts
  • Summary and key issues
    • Summary
    • Key issues
  • Location maps
  • Participation
  • Geology
  • Reserves and resources
  • Production
  • Operations
  • Infrastructure
  • Costs
  • Sales contracts
  • Economic assumptions

In this report there are 13 tables or charts, including:

  • Key facts
    • Key facts: Table 1
  • Summary and key issues
  • Location maps
    • Detail Map
  • Participation
    • Participation
  • Geology
  • Reserves and resources
    • Marketable reserves (at 01/01/17)
  • Production
    • Production
    • Production
  • Operations
    • Operations
  • Infrastructure
    • Infrastructure
  • Costs
    • Cash cost
    • Cash cost
    • Capital cost
  • Sales contracts
    • Product quality
  • Economic assumptions
    • Economic assumptions
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