Speculative Simandou cost-per-ton ranges:Low-End Estimates: Optimistic scenarios might suggest costs in the $20-$30 per ton range. This would likely depend on very efficient operations and high iron ore prices.Mid-Range Estimates: It's more likely that costs could fall in the $30-$50 per ton range due to the project's scale and challenges.High-End Estimates If market conditions deteriorate or unexpected hurdles arise, costs could exceed $50 per ton..Its going to eat margins, but, unlike nickel or lithium, it's not going to cause widespread shut-downs or closures.
Target $18.72, page-8242
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