"Importantly, for the month of June when plant utilisation was approximately 65%, the monthly cash
operating cost1 per tonne sold was approximately US$350/dmt CIF China (or ≈US$295/wet metric
tonne FOB Port Hedland, ex-royalties) and is indicative of the very low cost outcomes that can be
achieved at Pilgangoora operations with higher plant utilisation"
Well they did achieve $350 per tonne and it shows it can be achieved easily.Now just for the demand to continue to increase over the next year few years and we'll be alright.
Great announcement today.
Ann: Quarterly Activities Report, page-9
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