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AME: C1 Cost in World Iron Ore Countries

https://en.steelhome.com [SteelHome] 2015-02-26 15:13:23

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Table 1: Global Iron Ore C1 Cost and Forecast in 2006-2029

 

2006

2008

2010

2011

2012

2013

2014

2018

2023

2029

Output, in Million tons

1433

1574

1714

1820

1864

2005

2112

3039

3617

3628

C1 cost, dollars/t

Mining

16.1

17.3

17.5

19.5

20.9

19.7

18.9

17.7

18.4

19.3

Dressing

8.5

10.3

10.6

12.2

13

11.6

10.9

10.5

11.1

12

Management and Maintenance Cost

2.7

3.0

3.1

3.4

3.7

3.4

3.1

2.9

3

3.2

Resources Tax

1.8

3.3

4.9

6

5.3

5.8

5.4

4.2

4.5

4.8

Freight

8.5

9.9

11

11.9

11.3

10.8

10.6

10.2

10.9

11.1

C1 cost, FOB

37.7

44.0

47.1

52.9

54.2

51.3

48.9

45.5

47.7

50.3

Source: Australian Mineral Economics

 

Table 2 C1 Cost in World Iron Ore Producers in 2013

No.

Country

Output

(in mlnt)

Mining

(dollars/t)

Dressing

(dollars/t)

Management and Maintenance Cost

(dollars/t)

Tax

(dollars/t)

Freight

(dollars/t)

C1 Cost

(dollars/t)

1

Brazil

366.13

9.1

5.8

1.7

2.3

9.7

28.6

2

Algeria

1.00

15.5

2.4

2.0

2.7

7.0

29.5

3

Liberia

4.13

15.3

3.7

2.1

5.3

9.1

35.6

4

Peru

9.98

17.2

13.4

3.4

3.6

2.7

40.2

5

Kazakhstan

19.04

8.5

11.1

2.2

4.0

14.5

40.2

6

Australia

580.88

18.1

3.9

2.4

8.7

7.2

40.3

7

Martinique

11.64

10.4

3.9

1.4

3.3

22.5

41.5

8

Venezuela

21.23

21.8

6.9

3.2

2.7

8.1

42.6

9

Chile

13.30

18.5

12.0

3.1

4.4

5.3

43.3

10

South Africa

62.55

20.4

3.0

2.6

4.6

13.0

43.6

11

Iran

30.59

13.7

7.2

2.1

3.6

17.3

43.9

12

Ukraine

80.70

16.2

13.8

3.3

1.9

9.1

44.2

13

Mexico

13.85

18.6

16.5

3.8

-

6.8

45.7

14

Switzerland

4.29

24.2

4.8

2.9

3.0

10.9

45.7

15

Sierra Leone

15.74

22.1

10.8

3.7

2.1

7.3

46

16

Mongolia

8.22

8.8

8.5

1.7

8.5

19.9

47.5

17

North Korea

5.40

23.4

14.1

4.2

3.0

3.9

48.5

18

Vietnam

1.87

19.1

13.7

3.3

3.7

9.0

48.9

19

Egypt

2.79

25.0

7.9

3.3

1.9

11.4

49.4

20

Guinea

0.94

21.6

14.6

3.6

3.7

6.0

49.5

21

Indonesia

18.11

23.4

6.6

3.0

2.3

15.0

50.4

22

Nigeria

1.92

26.3

14.1

4.0

2.7

3.6

50.6

23

Malaysia

0.36

22.4

15.7

4.2

3.8

4.9

50.9

24

Russia

97.77

12.7

15.2

3.1

3.6

16.5

51.1

25

India

125.89

20.5

4.2

2.7

7.3

16.6

51.3

Average

2005.49

19.7

11.6

3.4

5.8

10.8

51.3

Source: Australian Mineral Economics


(To contact the reporter on this story: Jane.hu@steelhome.cn or 86-21-50585733)
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