Sentences with phrase «chinese iron ore production»

Rio Tinto analysis suggests that around 100 million tonnes of primarily Chinese iron ore production had become unprofitable, and sees evidence on the ground that a large proportion of this has already been curtailed.

Not exact matches

Even though I know nothing about the iron ore market, and certainly not as much as the CEO of Fortescue, I know arithmetic, and even before I heard Minack's discussion of the global increase in production, I simply could not get the arithmetic that connected Chinese interest rates with Australian iron ore exports to work otherwise.

Analysts expected the iron ore to be supported by the high Chinese marginal cost of production post c2012.

The mining sector was one such example; with yesterday's gains on the back of the expansion of the Chinese coast mystic product still fresh in the minds, Rio Tinto announced that their first half production of iron ore had broken numerous records.