Home FMG lowers cash costs further in October-December Fortescue Metals Group (FMG) has again lowered its cash production costs (C1), while keeping its shipments in line with its previous guidance, in the last three months of 2016. The miner reported a C1 cost of $12.54 per wet metric tonne (wmt) for the December quarter, down 21% from a year earlier and 7% lower than that in the preceding quarter, according to its latest production report published on Tuesday January 31. FMG ceo Nev Power said the miner’s lowered C1 costs for a twelfth... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Sophie Zhao January 31, 2017 04:49 GMT Singapore Keywords Fortescue Metals Group FMG cash costs production output shipments sales Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
