Original article by Amanda Saunders, Tess Ingram
The Australian Financial Review – Page: 13 & 18 : 10-Jul-15

Some analysts believe that the iron ore price could fall below $US40 per tonne as production ramps up in Australia and abroad. The price of the steel input fell below $US45/tonne on 8 July 2015, prompting speculation about the viability of some high-cost smaller iron ore miners. Andrew Harding, the head of Rio Tinto’s iron ore division, remains upbeat about the long-term outlook for the commodity. He says iron ore is now trading at around its long-term average, and argues that record high prices were not sustainable.

CORPORATES
RIO TINTO LIMITED – ASX RIO, BHP BILLITON LIMITED – ASX BHP, ATLAS IRON LIMITED – ASX AGO, FORTESCUE METALS GROUP LIMITED – ASX FMG, BC IRON LIMITED – ASX BCI, MOUNT GIBSON IRON LIMITED – ASX MGX, RBC CAPITAL MARKETS, ARRIUM LIMITED – ASX ARI, CLIFFS NATURAL RESOURCES INCORPORATED, MORNINGSTAR PTY LTD, VALE SA, ANGLO AMERICAN PLC, HANCOCK PROSPECTING PTY LTD, ROY HILL IRON ORE PTY LTD, ARGONAUT SECURITIES PTY LTD

Original article by Tess Ingram
The Australian Financial Review – Page: 15 & 20 : 6-Jul-15

The price of iron ore was trading at $US55.26 per tonne on 3 July 2015, having surrendered the bulk of recent gains during the week. UBS estimates that the break-even price for many smaller listed iron ore producers is just below the current price of iron ore, including BC Iron, Atlas Iron and Arrium. Glyn Lawcock of UBS notes that smaller iron ore miners have significantly reduced their costs since late 2014, and he expects further cost reductions in the next 12 months.

CORPORATES
UBS HOLDINGS PTY LTD, BC IRON LIMITED – ASX BCI, ATLAS IRON LIMITED – ASX AGO, ARRIUM LIMITED – ASX ARI, ROY HILL IRON ORE PTY LTD, MOUNT GIBSON IRON LIMITED – ASX MGX, GRANGE RESOURCES LIMITED – ASX GRR, FORTESCUE METALS GROUP LIMITED – ASX FMG, WOOD MACKENZIE, AUSTRALIA. DEPT OF INDUSTRY AND SCIENCE, RBC CAPITAL MARKETS, CITIGROUP PTY LTD