Tuesday 10 February 2015

Otmane El Rhazi : Kumba exceeds FY production target, but feels export price crunch

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



JSE-listed iron-ore miner Kumba Iron Ore exceeded the 35-million-tonne production target at its Sishen mine in 2014, owing to the successful implementation of a recovery plan for the mine. Output was 15% higher than the 30.9-million tonnes produced in the prior year and the Anlgo American subsidiary was now aiming for the mine to produce 36-million tonnes of iron-ore this year.

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