eduardo costa de faria - mineração usiminas - outlook and challenges for midsize mining companies...
DESCRIPTION
The Americas Iron Ore Conference is one of the most respected annual gatherings for North and South American iron ore markets and the agenda covers: iron ore industry and market developments; new project developments and expansions in North and South America; overview of steel demand; iron ore spot market price; infrastructure and transport challenges and investment opportunities. For more information please visit: http://bit.ly/1vlo1DDTRANSCRIPT
Outlook and Challenges for Midsize Mining
Companies Operating in a Market with
Increasing Supply
Eduardo Costa de Faria Commercial General Manager – Mineração Usiminas
Aussie advantage = Brazilian disadvantage 11 p.p. over Platts in average
C3 C5
Mine
Railway
Port
VVVVLOC
Customer Mine
Truck
Rail Terminal
Railway
3rd Party Port
Capes or Panamax
Customer
BIG 4 MID
Lower contaminants level, Better chemistry x sizing, Value in use.
More quality, More quantity, Less resources.
The more the better Cost dillution Oversupply = kill competition
Finer and poorer New technologies needed Intensive mixers, lower productivity Market Concentration x Diversification
Chinese demand... Chinese production... Marginal producers out... India...(?)
COST PRESSURE
4.5
7.5 Conc
SF
12 Mt/yr from 2015 to 2021
Up to 4 Mt/yr captive to Usiminas
Remaining sold either to domestic or export markets
Million t
Fe
SiO2
Al2O3
P
Sizing
Moisture
Concentrate
65 ~ 66
2,7 ~ 3,0
1,32
0,051
< 0,044 = 33%
9,0%
Fe
SiO2
Al2O3
P
Sizing
Moisture
Sinter Feed
62 ~ 63%
6 ~ 7%
1,50%
0,070%
> 1 = 35%; < 106 = 40%
9,0%
Crushing
Screening
Jigs
Spirals
