Sentences with phrase «biggest iron ore producer»

And, at a point very, very soon, the billionaire who took less than a decade to build the world's fourth biggest iron ore producer will start eye - balling chief executives of some of Australia's biggest gas users and recommending they put their future supply contracts where their mouths have been.

Not exact matches

Bigger players, such as BHP Billiton and Rio Tinto, can produce iron ore for $ 30 to $ 40 a tonne, versus $ 100 a tonne for the highest - cost producers, says de los Reyes.

Iron ore prices may be falling but Australian producers managed to significantly increase their share of the world's biggest market last year, accounting for 59 per cent of China's overseas purchases.