Top 10 Iron ore producers based on 2015 guidance
Prices for iron ore have seen better days.
The steel-making ingredient is currently languishing around $60 per ton and many commodity analysts expect it to dip as low as $45 in the second half of 2015. Despite the doom and gloom, these companies continue to push forward.
Find out who the top producing iron ore companies will be in 2015.
10. Mount Gibson Mining Iron Ltd
According to Mount Gibson Mining’s 2015 guidance, the company is expected to produce 5.2 million tons of iron ore in 2015.
According to BC Iron’s 2015 guidance, the company is expected to produce 5.6 million tons of iron ore in 2015.
8. Atlas Iron
*Due to declining iron ore prices, Atlas Iron has suspended all operations.
Updated: Atlas Iron is in the process of restarting operations. No guidance is available.
According to Arrium Mining’s 2015 guidance, the company is expected to produce 10 million tons of iron ore in 2015.
According to Cliff Natural Resources' 2015 guidance, the company is expected to produce 33 million tons of iron ore in 2015.
According to Anglo American’s 2015 guidance, the company is expected to produce 62 million tons of iron ore in 2015.
According to Fortescue Metals Group’s 2015 guidance, the company is expected to produce 160 million tons of iron ore in 2015.
3. BHP Billiton
According to BHP Billiton’s 2015 guidance, the company is expected to produce 225 million tons of iron ore in 2015.
2. Vale
According to Vale’s 2015 guidance, the company is expected to produce 340 million tons of iron ore in 2015.
1. Rio Tinto
According to Rio Tinto’s 2015 guidance, the company is expected to produce 345 million tons of iron ore in 2015.
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