A growing demand from China due to increases in steel demand for growing infrastructure, coupled with problems in their domestic supply, means a strong future for the world`s two biggest iron ore producers, Rio Tinto and Vale.
At an investor briefing in Sydney, Rio chief Sam Walsh, said things were looking bright for iron ore, which made up 99 per cent of Rio`s 2012 profit, according to a report in The Australian.Rio Tinto iron ore boss Andrew Harding said there had been a resurgence in steel demand in China in 2013.
“We also see positive signs for iron ore demand coming out of the Chine and urbanisation will remain a priority for the Chinese government and the recent trends in housing and infrastructure developments are likely to continue.”
Rio maintained its forecast that Chinese steel demand, which will be just more than 700 million tonnes this year, will peak at one billion tonnes in 2030.
“Chinese domestic iron ore supply is highly price sensitive and as reserves are depleted, grades continue to decline and labour and power prices are increasing,” Mr Harding said. “It is inevitable China’s domestic iron ore cost base will continue to rise.”
Rio Tinto mining jobs in the Pilbara will continue to become available year after year as China’s increasing demand for steel is met by Australian iron ore producers.
US mining giant Vale’s head of iron ore strategy, Jose Carlos Martins, told investors in New York that China’s iron ore production cost was increasing much faster than in the rest of the world and as a consequence, long-term iron ore prices falling below $US100 per tonne seem unlikely.
This news comes as another of Australia’s largest iron ore producers, Atlas Iron, signed new and improved supply contracts for 2014 with existing and new clients including Chinese steel mills and trading houses.
Managing director Ken Brinsden said the improved financial terms of sale highlighted the demand for product.
Here`s a checklist to use before applying for Rio Tinto and Atlas mining jobs in Pilbara
- The biggest tip we can give you is do your research on WA Jobs in the Pilbara! It’s important you start to build your knowledge of other mining companies like Fortescue, BHP, and Gina Rinehart`s Roy Hill who are also in iron ore mining. Uncovering information such as what they do, what they`re mining, where their mining operations are and where their future growth is will give you an edge. Take this new knowledge and add little snippets of it to your job application cover letter. This will show the recruitment manager that you have taken the time to conduct your own research and are keen to learn more about the company. When you are selected for an interview, you will be asked questions about why you want to work at Rio Tinto, Fortescue, BHP, Gina Rinehart`s Roy Hill and Atlas. This is where your previous research and knowledge will come in very handy.
- Make sure your resume is up-to-date and focused on mining. Where appropriate, mention the term `iron ore` in there if it applies to your experience.
- Here are some resume tips to help you with your Rio Tinto, Fortescue, BHP, Gina Rinehart`s Roy Hill and Atlas mining jobs applications.
- Do you want to know how to impress big mining companies like Rio Tinto, Fortescue, BHP, Gina Rinehart`s Roy Hill and Atlas? Read our tips on “how to get that mining job“.
- Mining work can be physical ““ Rio Tinto, Fortescue, BHP, Gina Rinehart`s Roy Hill and Atlas expect you to physically fit and ready to start work. If you apply for jobs in some mining areas, you may need to complete a medical examination, or a drug and alcohol test.
- Think about what other machinery skills training, mining, management and WHS safety courses you can do to increase your career opportunities with mining companies.
- We`ve written a few articles on how to get into mining with no experience. Read these articles, they`re full of good information on how to break into the mining industry.
- Increase your overall mining knowledge with iMINCO Project News. This is a FREE email newsletter delivered to your email inbox and is full of mining and resource sector information on jobs, new resource sector projects and recommended training courses.
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Ref: Rio Tinto and Vale | Iron Ore Will Remain Strong