Sentences with phrase «increase iron ore production»

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.

Major iron ore producers show per tonne production costs as low as $ 20 and are planning on increasing production amidst oversupply.

• During the quarter, iron ore production and shipping capacity in the Pilbara increased by a further five million tonnes to 230 million tonnes per annum (Mt / a), following the completion of the second debottlenecking project at the Dampier port on time and on budget.

Chief executive Tom Albanese said «We had a solid first quarter with increased production of iron ore, coal, bauxite, alumina and titanium dioxide compared with the first quarter of 2011.

But seven years later, they still can't seem to bid farewell to all those fond memories of the good ol' days... How else do you explain, for example, the majors maintaining & even increasing production in the face of a (self - reinforcing) iron ore price collapse.