BASE METALS

Soaring costs hit mining project profitability

Some mines will struggle to trade profitably.

Tim Treadgold
Soaring costs hit mining project profitability

From an industry-wide marginal production cost of US$6150 a tonne in 2021 the cost of producing copper has risen to $8000/t, the bank said. Some existing mines will struggle to trade profitably in the...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

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