Sentences with phrase «tonne iron ore prices»

Miners should only invest in new projects that can withstand a return to $ US40 a tonne iron ore prices, saus BC Iron's Alwyn Vorster.

«Gone are the days we could plan — and I remember it very clearly through 20 years of iron ore experience — where all of our projects were pitched at an $ US80 to $ US90 per tonne iron ore price.

Not exact matches

The value of Australian iron ore exports is expected to fall next year as strong growth in production volumes is offset by a slump in prices to a forecast $ US52.10 per tonne in 2016.

If you're wondering why the outlook for iron ore remains grim despite last night's price rise to a three - month high of $ US63.10 a tonne, it is partly because Western Australia's iron ore miners have a new competitor — themselves.

Andrew Forrest's worst nightmare is that he will one day relive his painful experience with pioneering low - grade nickel ore processor Anaconda Nickel; so surely he must have suffered an «Anaconda moment» when the iron ore price fell below $ US50 a tonne overnight.

According to BHP's Financial Reports last financial year the global price of iron ore averaged US$ 44 per tonne.

Iron ore prices have slumped to $ US104 a tonne in recent days, yet Mr Power said it could soon rebound as high as $ US150.»

Those winter shutdowns were expected to dampen demand and prices for Australian iron ore and coal in particular, but prices for both commodities have remained strong; iron ore prices have surged 26 per cent since October 31 to be fetching $ US77.74 per tonne on Tuesday, according to Metal Bulletin.

After crashing to below $ US40 a tonne in 2015 and 2016, iron ore prices have staged a surprising recovery to $ US81 a tonne, allowing even the most marginal Australian producers to make a profit.

Mr Lawrenson said Atlas needed about a $ US51 to $ US52 a tonne iron ore spot price to be profitable, and while he believed the price could sink back to that level, «the big correction has taken place» and there was likely to be more stability in pricing.

Since the price of iron ore dropped to a low of less than $ US90 a tonne last September, prices rebounded strongly reaching a level of around $ US150 a tonne earlier this week, albeit in an environment of continuing volatility.»

An exceptional growth strategy in iron ore and a strong pricing outlook, with a conceptual pathway to treble production to over 600 million tonnes per annum..

Following the high of 2011, with gold prices in excess of US$ 1900 / oz, copper prices in excess of US$ 10,000 / tonne and iron ore prices in excess of US$ 190 / tonne, metal prices crashed and with those prices fell some of the junior mining companies that depended on them.