BULKS

Fortescue costs rise to two-year high

Fortescue Metals Group has maintained full-year guidance after a soft start to the new financial year.

 FMG's Herb Elliott Port in Western Australia. Image: Tony McDonough

FMG's Herb Elliott Port in Western Australia. Image: Tony McDonough

The company shipped 40.2 million tonnes at C1 cash costs of US$13.19 per wet metric tonne, compared with the record 46.5Mt at $12.17/t in the June quarter. While analysts had expected lower shipments,...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.