And there’s also economies of scale that will drive costs lower once it goes over nameplate capacity and towards 50MTPA and remember that FOB cost includes the margin that mining services takes, probably $10-$15US per tonne for mining, crushing, camp accommodation and haulage down that expensive haul road, so Minres’ cost is going down towards $30US per ton and not far off the major IO miners
And there’s also economies of scale that will drive costs lower...
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$44.93 |
Change
-1.400(3.02%) |
Mkt cap ! $8.829B | |||
| Open | High | Low | Value | Volume |
| $46.25 | $46.26 | $44.28 | $89.81M | 1.969M |
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| No. | Vol. | Price($) |
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| 1 | 211 | $44.92 |
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| Price($) | Vol. | No. |
|---|---|---|
| $44.94 | 2456 | 1 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| MIN (ASX) Chart |