RHK 0.63% 80.5¢ red hawk mining limited

afr article today, page-13

  1. 819 Posts.
    Ocka, I have to do further research to comment on your post, hence not replied yet. BTW, if we aren't winning the Ashes this year, then we'll just to take them off you next year. JB!

    Travted,

    Not sure where I read the answer to your question (from an analyst's report posted on either the AGO, BCI, AJM or IOH threads perhaps) but I remember the numbers because I found them shocking:

    11 cents per tonne per kilometre by truck.
    1 cent per tonne per kilometre by rail.

    I believe AGO are paying $20 per tonne in effect to truck ore from Wodgina (or maybe it was the estimated cost for trucking it from Mt. Webber). They then have to pay $10 port handling charges per tonne. People wax lyrical about AGO's cash flow and grumble about its low valuation, but as a high cost producer, it must be one of the first to go out of business if there is a drop in the iron ore price. Wodgina is 100kms from Port Hedland, so for a 200 km round trip, the $20 transport cost per tonne sounds right.
 
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