This is a silly question but is someone with and understanding...

This is a silly question but is someone with and understanding of Iron ore production able to tell me what 2.26 billion tonnes of Iron ore is worth net after costs roughly to HAWs 40% share in Mt bevan.

i beleive FMG loses money at $90/t however there is significant cost differences between a large and small company.

So you could say that Haw could make around $20- $30/t at current Iron ore price if i am correct

so Haws 40% share of 904,000,000t of IO is worth $18,000,000,000 ....Does not make sense to me at all.

im guessing im wrong in the production area of how much 2.26billion processes into

can anyone help out?