[1]

INR 3.5/km per mt x 5 km x1000 mt/(200 x42) = US $ 2.08 (India based costing)
(to be negotiated to $ 1.5 for long term contract)

[2]

0.12US$/kWh

[3]

Workers     US$ 200/month
Staff            US$ 1000/month
Manager    US$ 2000/ month.

[4]

water cost is INR12/m3

[5]

Quantity is small hence assumed

[6]

(1000 x 0.4 x 80 +1070 x 0.07 x 540) / (10000 x 0.8) = 8.3335 Kg of fuel oil required to dry 1mt of concentrate
@INR40/kg fuel = 8.3335 x 40/42 = 7.94US$/m3

[7]

Tailing dam considered for 5 years in capex. The cost is allocated annually@ INR 2.52 Crores, since this is a recurring expense

[8]

estimated
(only cost of bag considered.)

[9]

Administration and other overheads like
1. expenses of administration office

2. part salary loading of seniors involved

3. local transport, accommodation , staff welfare

4. government fees for statutory requirements and liaison with local and government officials etc. :

Nilefos Minerals Limited: Phase I: Phosphate Rock Beneficiation Cost
S. No	Item	Details	Cost per mt of concentrate US $
1	Phospate rock Mining Cost	1000mt/day phosphate rock; 200mt/day concentrate	1.71
2	Transport cost from mine to beneficiation plant	For transporting 1000 mt over approx 2.5km distance	2.08 [1]
3	Power	1200kW connected power at 90 % loading factor including power required outside plant limits	15.55 [2]
4	Labour cost	28 Workers, 14 staff & one manager	2.57 [3]
5	Water	55 m3/hour	1.89 [4]
6	Chemicals	Qty as per IMMT recommendations	0.50 [5]
7	Drying cost	For drying from 7-8% moisture to 1-2% moisture	8.00 [6]
8	Handling cost of tailings	475 mt per day of 20 % moisture content magnetite and 890 mt per day of 50 % moisture content tailings to be removed	10.00 [7]
9	Bagging	Jumbo bags of 1000 Kg	5.00 [8]
11	Fixed cost	Administrative charges and other overheads presumed	10.00 [9]
	Total Cost	Cost per mt of concentrate	57.31