The iron ore miner reported best-ever December quarter shipments of 49.4 million tonnes, up 4% both quarter-on-quarter and year-on-year.
C1 cash costs fell 3% to US$17.
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Greenfields Uranium Focus
FORTESCUE Metals Group’s iron ore business is now operating at an annualised run-rate of 200 million tonnes per annum, even before the 22Mtpa Iron Bridge magnetite project has been commissioned.
The iron ore miner reported best-ever December quarter shipments of 49.4 million tonnes, up 4% both quarter-on-quarter and year-on-year.
C1 cash costs fell 3% to US$17.
Margins likely to come under pressure due to rising costs, falling iron ore price
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