How low can FMG go?

FORTESCUE Metals Group has reported record low C1 costs in the June quarter and has set itself ambitious guidance for the 2018 financial year.

How low can FMG go? How low can FMG go? How low can FMG go? How low can FMG go? How low can FMG go?

FMG shipped 44.7 million tonnes of iron ore in the June quarter at record low C1 costs of US$12.16 per wet metric tonne, down 7% quarter-on-quarter and 15% year-on-year.