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Record low costs for Fortescue

Costs were again at a record low for Fortescue Metals Group (AU:FMG) during the September quarter, although iron ore price realisation also continued to fall.

Record low costs for Fortescue Record low costs for Fortescue Record low costs for Fortescue Record low costs for Fortescue Record low costs for Fortescue

Fortescue shipped 44Mt of iron ore at C1 costs of US$12.15/wmt in the September quarter

 

The company shipped 44 million tonnes of iron ore at net direct cash (C1) costs of US$12.15 per wet metric tonne, 10% lower year-on-year.

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