Original article by Amanda Saunders
The Australian Financial Review – Page: 38 : 2-Apr-15

The iron ore price fell to around $US51 per tonne on 1 April 2015, compared with $US68 at the beginning of the year. However, Rio Tinto and BHP Billiton plan to keep ramping up production, and Glyn Lawcock of UBS says the price would have to fall to about $US30 for their iron ore operations to become unprofitable. Westpac expects the iron ore price to test the $US47 level in 2015

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BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, UBS HOLDINGS PTY LTD, ABERDEEN ASSET MANAGEMENT LIMITED, FORTESCUE METALS GROUP LIMITED – ASX FMG, VALE SA, ATLAS IRON LIMITED – ASX AGO, BC IRON LIMITED – ASX BCI, ROY HILL HOLDINGS PTY LTD