// definition
C1
Cash cost C1
Short definition
A mining-industry operating-cost measure, generally stated per unit of metal and net of by-product credits. Always check the reported definition, included costs and denominator. At Kamoa-Kakula it is a non-IFRS measure per payable pound of copper produced, distinct from the full cost of the investment. Fortescue reports hematite C1 per wet metric tonne, with a scope distinct from delivered cost.
risk atlas
Knowledge map
Related analyses
- Iron ore: the price of waitingHematite C1 per wet tonne and realised price per dry tonne.
Primary sources
- Ivanhoe Mines, Q2 2026 results
- Fortescue, September 2026 quarterly reportPDF p. 2: hematite C1 per wet tonne, distinct from realised price per dry tonne.