Strength 1. Raises over 14 million tonnes of ores from its captive collieries, iron ore mines and quarries
2. Adaptability of company in the fast changing environment
3. Excellent integration with Corus which has more than 2000 metallurgists
4. Control over raw materials
5. Economies of scale
6. Strong backing of Tata brand name
7. Operations in 26 countries and a commercial presence in over 50 countries
Weakness 1. Operational efficiency are not as good as international leaders
2. Slightly lagging in technological front and innovations
3. High debt loads
4. High cost of energy
Opportunity 1. Newer technologies- The Corex process, The Hismelt process, Direct iron ore smelting
2. Higher pricing opportunities in foreign markets
‘B0801 Iron Ore Mining in Australia industry report’, May 2013, page 18.
Ibid page 10.
Ibid page 9.
iron ore falls, FMG must increase production to maintain profitability (as in 2012);26 however
workforce shortages may provide an obstacle to increasing production capacity.
(e) Minerals Resource Rent Tax (MRRT) – An additional tax expense will decrease FMG’s profits.
Deloitte notes that ‘the combined effect of the mineral resources rent tax (MRRT) and the carbon tax…
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Carnegie was also among the first to use the method of vertical…
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Avid to explore the iron of…
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