BHP and RIO production costs would certainly not see them making a "motza" at $35/tonne. Here is a quote from RIO in December:
“We’ve got an aspirational target that we’ve had out for several years — which was by 2020 we would achieve a CFR-landed China cost of $US35.50 — which means a cost considerably lower than $US20 a tonne,” said Mr. Harding.
If the cost landed in China is aspirational in 2020 at $35.50 - well - you do the math as they say...
That's just Crazy - Punter
iron ore price, page-1096
-
- There are more pages in this discussion • 600 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$19.17 |
Change
-0.020(0.10%) |
Mkt cap ! $59.02B | |||
| Open | High | Low | Value | Volume |
| $19.22 | $19.41 | $19.13 | $134.6M | 6.997M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 52 | $19.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.20 | 1239 | 2 |
View Market Depth
| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |