A feasibility study released to market in October anticipated average C1 costs free onboard across a four year mine life to be US$ per tonne Only $ million is required to get the project up and running and with a benchmark iron ore price of US$115 per tonne sustained over the life of mine Strike estimates the project has the potential to generation $279 million in net cashflow
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Get PriceKey points Iron Ore Pilbara infrastructure project delivered on time and at a capital cost below initial estimates Iron Ore operating costs reduced by almost $1 billion compared to 2024 Cash costs of $/t in the first half of 2024 compared with $/t for the same period last year As we revealed at half year results on 8 August
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Get PriceThe promising technology will allow Ingulets GOK to make long term plans for iron ore production In addition the company will significantly reduce its environmental footprint by operating a conveyor system using a modern dedusting plant and reducing the running time of internal combustion engines of dump trucks Ingulets GOK plans to transport about 40 000 tonnes of ore per day once the
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Get Priceexported iron ore • Currently running at run rate • Average revenue $117/t • Average cost $75/t CFR Iron Valley • Running at steady state shipped • Sold all of stockpiled fines that were uneconomic to sell in FY18 • Average revenue $78/t • Average cost $68/t CFR FY19 Commodities Performance Notes • Revenue / wmt shipped figures include prior year
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Get PriceThe mine s commissioning and ramp up is expected to increase our iron ore production volumes and improve our product mix from the Pilbara in the second half of 2024 We will continue to ramp up production from the mine through the remainder of 2024 and we expect to reach full capacity during 2024 We are also progressing a feasibility study to support an expansion of this new hub The
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Get PriceOnly a few weeks before in late January 2024 Black Iron had completed a bankable feasibility study at Shymanivske showing attractive economics for a 10 million tonne per year iron ore mine producing a premium product with 68% iron content and low impurities Location map of Black Iron s Shymanivske iron ore deposit near Kryvyi Rih
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