My estimates for RIO:
Annual production: 330Mt
RIO share: 261Mt
Best estimated all in cash cost: US$35/t
Spot 62% Platts iron ore price: US$60/t
Gross profit before depreciation & income tax: 261Mt x (US$60-US$35) = US$6.5 billion
According to RIO' recent presentation:
Capex for RIO: US$7b, for Iron Ore will be approx. US$4b (estimated per 2014 annual report)
Net cash flow for the year:
- Gross profit US$6.5 billion
- Less: income tax: US$1.2b (estimated)
- Capex: US$4b
RIO: Net cash flow generated from Iron Ore Division: US$1.3b
E/V: US$37b
FMG: net cash flow generated from Iron Ore: US$2b
E/V: US$15b
Snapshot, page-62
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Last
$19.22 |
Change
-0.270(1.39%) |
Mkt cap ! $59.17B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27260 | $19.22 |
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| Price($) | Vol. | No. |
|---|---|---|
| $19.33 | 100 | 1 |
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| FMG (ASX) Chart |