Any idea if they had a C1 projection ?
I know they are doing a lot of cost cuts on the mine sites, also staffing cut backs and that's mainly due to Automation up ticks.
Cut labour costs and that also adds to the bottom line per tonnage.
The new Komatsu E model is also 22% more efficient due to the new electric diesel start architecture.
Its all the little things that add up.
Iron ore price, page-53531
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