I have looked at the cash cost of iron ore producers.
FMG, BHP, RIO, gina rinehart ( $14 to $18 ton cash cost)
https://www.mining.com/rios-now-mining-iron-ore-14-30-tonne/
These low costs will set a very low equilibrium price. It will likely bounce between $25 and $30 depending long term, depending on the willingness for these competitors to compete for market share.
When China expands their mine capacity and reduces domestic construction there will be a market shock. Australian companies will unlikely have influence over the market without sabotaging their own company.
I have looked at the cash cost of iron ore producers. FMG, BHP,...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$39.64 |
Change
-0.330(0.83%) |
Mkt cap ! $201.3B | |||
| Open | High | Low | Value | Volume |
| $39.77 | $40.20 | $39.30 | $902.1M | 22.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 132000 | $39.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.64 | 4977 | 1 |
View Market Depth
| Last trade - 16.14pm 19/09/2025 (20 minute delay) ? |
| BHP (ASX) Chart |