Iron ore mining industry and associated costs study in China

OBJECTIVES

In order to obtain a better understanding of the key drivers influencing the China iron ore mining industry and associated costs, Client seeks to conduct a large scale mine survey with an external consultant

PROCESS

Methodology

 Geographic Region (GR) and Mining Zone (MZ) Classification Methodology

 In-depth interview

Sample Size

 450 mines covering 31 mining zones

Project Time

 16 weeks

DELIVERABLES

 Fully Geographical and Ore Type Coverage

 Totally Mine Category Coverage

 SMM & Steelease analyze cost curve of each MZ and further grouped into total China iron ore cost curve.

 In-depth Cost Breakdown and Drivers Analysis

 SOE Behavior and Logistics Info

PROJECT RESULT

 Client’s understanding of China 300 mines

 Potential competition and opportunity assessment

 Full Conc. cost breakdown

 Expansion plan for China mines