My take on coal production cost is that all producers including majors, if there are any left. BHP and the like their cash cost are high. It's not like iron ore where the majors can produce at cash costs between $20-30, hence supply can still continue even if iron ore prices drop.
while for coal, take coking coal. I challenge those who can name producers which can produce at below US$100 cash cost per tonne, let alone $20-30 like iron ore major producers.
Again correct me if I am wrong historical coking coal prices have been around $200 per tonne, this is before inflationary pressures.
Happy to hear what others think.
My take on coal production cost is that all producers including...
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