Viewpoint > Miners-right

Rio tops class for iron ore margins

The poisonous effect of discounts on low-grade iron ore has been laid bare in a fresh study of the industry that focusses on breakeven prices to reveal that the sector leader, Rio Tinto, is operating at a breakeven price close to half that of its Australian competitor, Fortescue Metals Group.

Viewpoint > Miners-right

Rio tops class for iron ore margins

The poisonous effect of discounts on low-grade iron ore has been laid bare in a fresh study of the industry that focusses on breakeven prices to reveal that the sector leader, Rio Tinto, is operating at a breakeven price close to half that of its Australian competitor, Fortescue Metals Group.

Rio tops class for iron ore margins

Grade is king: Rio's grade puts it ahead of its peers in terms of margin

Illustration copyright Aspermont