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