CAPITAL MARKETS

Record low costs for FMG

Fortescue Metals Group posts December quarter C1 cash costs of just $15.80/wmt

Kristie Batten

The company shipped 42.1 million tonnes of iron ore in the quarter, down only slightly from 41.9Mt in the September period, with C1 costs down by a further 7%. FMG achieved its goal of C1 costs of $15/wmt...

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