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FMG costs below guidance

FORTESCUE Metals Group has announced a 13.7% drop in C1 cash costs for the March quarter, bringin...

Kristie Batten

C1 costs were $US43.61 per wet metric tonne, down from $50.48/t in the December quarter, due to lower strip ratios and operational efficiency measures put in place. The company said the cost reduction...

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