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FMG ready to meet cost challenge

FMG working against rising oil price and AUD to reach $13/t C1 target

Kristie Batten
FMG ready to meet cost challenge

The Australian dollar is back over 76c, while oil has also strengthened. Power admitted the impacts were significant. Every 1c move in the Aussie dollar impacts FMG’s C1 costs by 18-20c. “I think...

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