cru copper cost curve

CRU View of the Global Copper Market

2019 Cash Cost curve 2019F AISC Curve 2019 Cash cost curve and all-in sustaining cost (AISC) curve, $/t copper Cumulative mine production, ''000 tonnes 90th percentile AISC costs - $6,350 /t Prices have breached 90th percentile on CRU AISC basis 90th percentile cash costs - $5,260 /t DATA: CRU Average LME 3M price: 1-11 Oct = $5,686 /t

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CRU: Keeping Costs in Check is a Challenge for Australian ...

 · Australian mines are distributed in a broad range throughout the cost curve on a CRU cash cost basis, with a number of operations located in both the first and fourth quartiles of the cost curve.

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ICSG Environmental & Economics Committee

Copper Price Relative to 90th Percentile of Cost Curve Cu Price 90th Percentile of Cost Curve LT Average 6,050 5,056 8,992 10,139 -2,000 4,000 8,000 10,000 ... CRU, AME, Bernstein Analysis & Estimates ... We use copper consumption and capital stock to derive the copper intensity curve …

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Cost curves | Financial Times

The result is supply remains in the market, weighing on prices. For example, at just above $62 a tonne, iron ore prices have fallen to a five and-a-half year low. But Macquarie, the investment ...

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South Africa''s chrome ore tax; a potential two-edged sword ...

 · On the 22 October 2020, the South African government announced they were considering a chrome ore tax, in a stated attempt to protect the domestic ferrochrome industry and entire chrome value chain. While the tax has been mooted in previous years, the challenging long-term prospects of the domestic FeCr industry has become more apparent in recent years because of increasing electricity …

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Ten reasons why we like copper | BHP

 · Copper is no exception. Our view is that it is extremely likely that the copper cost curve will steepen in the 2020s, as the absence of a significant new generation of Tier-I assets will leave lower quality and/or higher cost deposits to fill the looming gap. The expansion of Olympic Dam is a likely exception to this rule. 3. Above ground risk.

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Copper Prices

Copper Prices - 45 Year Historical Chart. Interactive chart of historical daily COMEX copper prices back to 1971. The price shown is in U.S. Dollars per pound. The current price of copper …

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New reckoning for copper miners now running in the red

 · The highest-cost major copper mine was BHP Billiton''s Olympic Dam in Australia, which was ranked 11th highest by cost at $7,321 per ton. That''s some $1,300 higher than three-month prices on …

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4 Copper Mining in Europe and the Global Role of KGHM

Source: CRU Copper Long Term Outlook 2014 3. Europe states for 18% of world copper consumption 2010 2015 2020 CAGR Cu consumption per capita (kg) ... projects with a low cash cost Copper production cost curve 2015 Other producers USDc/lb I quartile II quartile III quartile IV quartile 350 400 Chilean producers 250 300 150 200 100 50 Production

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Increased Copper Cost Curves

Copper to face `modest headwinds` from U.S. economy supply ... BMO calculated that copper mine production will increase by 4% this year and 5% in 2009 ... which is consistent with the 90 th percentile of the global cash cost curve. Why Are Copper Prices So High eHow.

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Copper | Metals & Mining | McKinsey & Company

Copper Cost Curves and Models Highly granular historical and forecasted cash costs broken down by activity, including mining, processing, overhead, freight, treatment charge, refining charge, by-products, royalties, and additional full sustaining costs, such as sustaining capital expenditure and corporate selling, general, and administrative costs

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Mining Cost Models | Commodity Cost Curves | Cost ...

CRU offers cost models, cost curves and cost report services for more than 32 mining, metal and fertilizer commodities. CRU Cost service Our cost experts are based in key mining territories such as Australia, Chile, China, India and North America.

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CHART: 40-year cost curve shows copper price rout likely ...

 · Whereas the 2015-2016 period where copper was trading below $2.00 a pound ($4,400 a tonne) resulted in a "long duration grind into the cost curve", today''s environment is more akin to the ...

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Is $5,000 per tonne copper''s price floor?

 · New research from CRU has attempted to estimate this for the copper market. The first chart shows copper mines across the copper cost curve by country. Commodity cost curves, like all cost curves rise geometrically. Calling upon incremental fractions of marginal supply becomes increasingly costly.

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Copper Demand Predicted to Triple According to CRU

 · Following on from our previous post entitled, Copper price set to fall according to CRU and MetalMiner we are continuing our discussion of CRU''s …

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Pandemic to weigh on global copper production through 2023 ...

 · Speaking at the World Copper Conference, CRU''s director of copper research Vanessa Davidson said that government-imposed lockdown reduced copper production by around 500,000 mt last year, particularly at mines in the Americas. Worst affected was Peru, the world''s second largest producer of the metal, where production fell by around 15%.

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Cobalt Outlook 2021: Demand to Rise, Higher Prices Ahead | INN

 · Overall, underpinned by a positive demand outlook and tight raw material supply, Roskill believes the average benchmark cobalt metal price could …

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BHP Billiton Copper

 · –large, long-life, expandable assets competitively positioned on the cost curve •World-class operating capability –targeting unit costs of US$1.08/lb1 by FY17 (34% reduction since FY12) –differentiated water and power solutions to provide a competitive advantage •Release of latent capacity delivers more volumes at very low cost

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Fitch Revises Rio Tinto''s Outlook to Positive from Stable ...

 · Costs are predicted to increase with declining grades at Escondida, which is well positioned in the second quartile of the copper cost curve. CRU models costs for Oyu Tolgoi, which sits higher up the cost curve, to decline after 2018 but to remain above USD4,000/t.

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Alumina in focus

World ex-China alumina cost curve has shifted down (11) 0 50 100 150 200 250 300 350 400 450 500 0 10 20 30 40 50 60 million mt 2014 cost 2015 cost Site cost USD/mt Source: CRU PAX 18 Feb 2015, 336 USD/t fob Australia

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CRU: Increased Stake in ''End of Life'' Copper Mine an ...

 · As it stands, Quebrada Blanca is located in the fourth quartile of the CRU copper industry cost curve. Quebrada Blanca has a Project for a brownfield expansion – Quebrada Blanca 2 (QB2).

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Competitive cost analysis in the mineral industries: The ...

 · The resulting two average variable cost or industry supply curves are shown in Figure 3. Curve Sl is for a contracting industry with falling prices and curve S2 is for an expanding industry with increasing prices. The existence of two supply curves for the US copper industry has been demonstrated by the Commodities Research Unit (CRU).

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Cost Analysis Tool| CRU

CRU''s Cost Analysis Tool allows customers to access and analyse the data for up to 4,000 mining, metals and fertilizer assets through new, easy-to-use web-based software. Introduction Users can generate individual asset reports with all key operation data, benchmark assets against each other, filter and build cost curves and switch easily ...

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Traditional valuation models need updating

 · As the global aluminium cost curve, below, from CRU''s proprietary Emissions Analysis Tool shows - European and North American aluminium smelters dominate the low emission part of this curve …

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Explaining Global Aluminium Flows and Smelter Costs ...

 · At the lower end of the cost curve are smelters located in Russia and Canada, followed by those based in the Middle East and the newer smelters in China. Aside of U.S, smelters with the highest costs are located in Europe, China and Australia. ... Source: CRU, Hydro. CRU estimates around 71% of alumina consumed outside China, and 63% of alumina ...

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Copper price plunges

 · Copper trading in New York fell by 7.3% to $2.1495 a pound ($4,740 a tonne) in early afternoon trade, a three-week low. Last month, the bellwether metal …

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Copper retains the commodity crown | CRU

 · Given the scale of activity in the copper sector, miners should monitor rivals to ensure competitor neglect does not create an over-investment in supply. If you would like a copy of the CRU / Fitch presentation from the BMO conference, "Demystifying Cost Curves and Credit Ratings" contact us via the form below. Explore this topic with CRU

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Global copper mine cost curve Report | Wood Mackenzie

 · Attached is our global C1 cash cost curve for the current year. The cost data is displayed on a composite basis, using either a normal and pro-rata method depending on the contribution of copper to net revenue. The cost data is sourced from our copper mine cost service and modelled using our latest macroeconomic and price assumptions.

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Global aluminium smelters'' production costs on decline ...

 · Production costs for smelters are highly dependent on the global economic environment, which affects oil prices, and the prices of other commodities, including those that create smelters'' input costs. For instance, during the global economic crisis in 2009, production costs for aluminium smelters decreased between 30 and 40% compared to the record high costs in […]

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Copper Research Suite | Wood Mackenzie

Copper Mine Costs Model - model costs at over 400 mines utilising the Wood Mackenzie base case or including your own inputs. Copper Smelter and Refinery Cost Models - both models provide detailed insight into operating costs, allowing comparative analysis and forecasting.

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Steel | 2016-2021 Data | 2022-2023 Forecast | Price ...

Shanghai steel futures continued to trade under 5,000 yuan a tonne at the end of June, well below a record high of 5,975 yuan hit on May 11th, due to China''s efforts to limit soaring commodity prices and as demand is weakening. China''s top economic planning agency said this month it will probe malicious speculation. Also, the off-peak season has gradually arrived and consumption is set to ...

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CRU Perth Tech Metals Briefing

CRU''s business is mining, metals and fertilizer chemicals and we have been active in this field for 40 years. You do not pay us to ascend the industry learning curve Speed of response Through CRUA we have existing data and models that can rapidly be customised. Our team is dedicated to single client work Global presence CRU has offices in the key

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