KIROY (Kumba Iron Ore) Construction In Progress : $590 Mil (As of Dec. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Kumba Iron Ore Construction In Progress?

Kumba Iron Ore's quarterly construction in progress declined from Dec. 2023 ($823 Mil) to Jun. 2024 ($0 Mil) but then increased from Jun. 2024 ($0 Mil) to Dec. 2024 ($590 Mil).

Kumba Iron Ore's annual construction in progress increased from Dec. 2022 ($705 Mil) to Dec. 2023 ($823 Mil) but then declined from Dec. 2023 ($823 Mil) to Dec. 2024 ($590 Mil).

Kumba Iron Ore Construction In Progress Historical Data

The historical data trend for Kumba Iron Ore's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kumba Iron Ore Construction In Progress Chart

Kumba Iron Ore Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

Get a 7-Day Free Trial

168.53

444.20

705.38

823.07

589.52

Kumba Iron Ore Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Construction In Progress	Get a 7-Day Free Trial															705.38	-	823.07	-	589.52

Kumba Iron Ore Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Kumba Iron Ore Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kumba Iron Ore Ltd (OTCPK:KIROY) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

KIO:South Africa KUI:Germany

Address

144 Oxford Road, Rosebank, Melrose, Johannesburg, GT, ZAF, 2196

Website

https://www.angloamericankumba.com

Kumba Iron Ore Ltd is engaged in the exploration, mining, processing blending, and sale of iron ore to the global steel industry. The company primarily operates in South Africa, with mining operations in the Northern Cape and Limpopo provinces, as well as a head office in Centurion, Gauteng, and a port operation in Saldanha Bay, Western Cape. The company's flagship asset is the Sishen mine, which it holds a majority stake in, located near the town of Kathu in the Northern Cape Province. The Sishen mine is an opencast mine and produces the bulk of the group's iron ore, most of which is exported. It also holds interest in Kolomela mine. The company also generates revenue from Shipping operations. The majority of the company's revenue is generated from its products.