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Record low costs for Fortescue

C1 cost guidance for FY18 maintained at US$11-12/wmt

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

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. The company said normalising costs at a constant exchange...

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