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The first quarter output of four mines decreased year on year 4.6% . year on year increase in sales 2.4%

May. 20, 2020

On April 30, FMG, an Australian iron ore producer, released its first quarter 2020 operating report. The data shows that in the first quarter of FMG, the iron ore processing volume was 42.4 million tons, down 8% on a month on month basis, down 1% on a year-on-year basis; the iron ore transportation volume was 42.3 million tons, down 9% on a month on month basis, up 10% on a year-on-year basis.


From the perspective of variety shipment and product structure, the shipment volume of FMG flagship product mixed powder reached 17.6 million tons, accounting for 41% of the total shipment volume; the shipment volume of super special powder reached 13.9 million tons, accounting for 33% of the total shipment volume; the shipment volume of xipilbara powder was 4.1 million tons, accounting for 10% of the total shipment volume. In addition, FMG has increased its target iron ore shipments for the fiscal year 2020 (July 1, 2019 to June 31, 2020) since the previous announcement One point seven Billion~ one point seven five 100 million tons up to one point seven five Billion~ one point seven seven 100 million tons.


So far, Rio Tinto, Vale, BHP Billiton and FMG, the four major international iron ore production giants, have all released production and sales data in the first quarter. Overall, affected by the sharp decline of Vale's output, the total output of the four mines in the first quarter decreased year on year 4.6% Production of Rio Tinto and BHP Billiton increased year on year, while FMG slightly decreased. In terms of sales, although vale fell in the first quarter 12.9% However, Rio Tinto, BHP Billiton and FMG all increased year on year, and the total sales of the four mines increased year on year 2.4% 。 In addition, Rio Tinto and BHP Billiton have not adjusted their production and marketing targets in the future, and Rio Tinto's iron ore shipment target in Pilbara in 2020 remains unchanged three point two four 100 million tons~ three point three four Billion tons, BHP's production target is maintained at two point seven three 100 million tons~ two point eight six Billion tons, FMG raised the delivery target. Vale will target this year's powder production from Three point four 100 million tons~ three point five five Billion tons down to Three point one 100 million tons~ Three point three The target output of pelletizing is reduced from 44 million tons to 35-40 million tons. It should be noted that although vale lowered its iron ore production forecast, the output in the following three quarters will still increase by 21.3 million tons to 41.3 million tons year on year.


The world iron ore production in 2018 is twenty-one point six seven Billion tons, the world iron ore trade volume is sixteen point five six Billion tons. According to the data of Australian and Brazilian government departments, the output of the two in 2018 is respectively eight point eight three four 100 million tons and four point three five five Billion tons, accounting for 61% of the world's output; the export volume is respectively eight point three six two 100 million tons and three point eight nine eight Billion tons, accounting for 74% of the world trade volume.


In addition to Rio Tinto, BHP Billiton and FMG, Roy Hill is also Australia's leading iron ore producer, with shipments of about 55 million tons in 2019. In addition to vale, Brazil's national ferrous metallurgy company (CSN) and Anglo American (with Minas Rio iron ore project in Brazil) are also the most important iron ore producers in Brazil, with sales volume in 2019 as follows three thousand eight hundred and fifty-four point five 10000 tons and six thousand four hundred and ninety point one Million tons.


According to incomplete statistics, in 2019, the top 20 international iron ore enterprises sold more than 1.5 billion tons of iron ore.


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