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Cash costs for iron ore concentrate were below 25mt in Q4 2015 it said The US coking coal mines in West Virginia suffered a 700 million impairment The mines are said to be serving coke batteries linked to the steel group mainly in the US rather than chasing external sales
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Operating one line and implementing its new cost strategy would allow it to break even at prevailing iron ore prices the Luxembourgbased company said Northland has signed a nonbinding memorandum of understanding with Mitsubishi Corp RtM International for deliveries of a significant part of the iron ore concentrate it said
ed in 1976 with the aim of exploiting the iron ore deposits near Kudremukh about 110 km east of the port of Manga lore and processing the ore to highgrade concentrate and of the pellet plant is the Blaine value of the feed to the pel
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March 23 2015 Falling iron ore prices combined with low Chinese domestic concentrate availability have strengthened demand for higher silica cargoes and in turn Iron Ore Prices Are at a 65Year Low – Will They Fall More From Yahoo News Iron ore prices hit a 65year low of 5420
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Chinas independent iron ore miners suffered most due to the low price environment and had to shut mines towards the end of last year I shut my three mines one after another over NovemberDecember 2015 so for my own operations the output decline is even more than 10 a source at a 2 million mtyear iron ore mine in Liaoning province
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