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FMG still cashflow positive

FORTESCUE Metals Group is keeping its head above water, slashing its cash costs to remain competi...

Kristie Batten
FMG still cashflow positive

Full-year guidance was lifted to 160-165 million tonnes from 155-160Mt after 40.4Mt was shipped in the March quarter. C1 cash costs were $US25.90 per wet metric tonne, 9% lower than the December quarter...

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