Relieved with what's been put out lately. I was on the assumption that the expansion would cost between $400-$500m on a 100% basis, recently I've been having nightmares that it'd be jacked up to $600m :(
Current FOB costs are $100/t at a 1mtpa run rate, so I think there's scope to lower the expansion FOB costs further. A few projects in the region have been put on the backburner now and some mines closed, so I think there's a good change that capex and opex costs can be reduced.
Add to My Watchlist
What is My Watchlist?