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FMG breaks another record as iron ore discount creeps up

Best ever September quarter for iron ore miner

Kristie Batten
Elizabeth Gaines at Herb Elliott in Port Hedland

Elizabeth Gaines at Herb Elliott in Port Hedland

September quarter shipments rose 3% year-on-year to 45.6 million tonnes, while C1 costs of US$15.25 per wet metric tonne was in line with the previous quarter. CEO Elizabeth Gaines said the stable costs...

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