https://www.miningweekly.com

Kumba lowers 2022, 2023 output guidance

10th December 2021

By: Marleny Arnoldi

Online News Editor

     

Font size: - +

Iron-ore miner Kumba Iron Ore says it remains on track to produce 40.5-million tonnes of iron-ore this year, albeit at the upper end of its unit cost guidance of about R430/t.

The C1 unit cost guidance for production of $40/t remains unchanged.

Production guidance for 2022 and 2023 has, however, been revised lower to between 39-million and 41-million tonnes, from the prior guidance of between 41.5-million and 42.5-million tonnes.

Kumba says Transnet’s stacker reclaimer refurbishment programme at the Saldanha port will impact on port capacity and, consequently, Kumba’s value chain, in 2022.

In 2023, output is expected to be impacted on by the tie-in of the Sishen separation plant, which will extend the mine life and improve quality of product.

Kumba will release its production and sales report for the full 2021 on or about January 27.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

ASTPM
ASTPM

Established in 1983, the ASTPM is an industry association and representative body of the welded carbon steel tube and pipe manufacturers of South...

VISIT SHOWROOM 
ATI Systems
ATI Systems

ATI systems comprises five divisions: electrical assemblies, drives and controls, feedback sensors, enclosures, and strip guiding.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.049 0.906s - 110pq - 2rq
Subscribe Now