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Costs Open Pit Mining Iron Ore

2020-1-1If these ES costs were added to the average iron ore price of USD 73t in 2016, the price would increase by about 0.8 . 3.5. Four metals. Overall, the ES costs for the four metals add up to about USD 5.4 billionyear in 2016, with gold being the largest contributor 40 , followed by iron ore 25 , copper 24 and bauxite 11 .

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Costs Open Pit Mining Iron Ore

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