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FMG's costs move higher

C1 costs up, shipped volumes fall

Kristie Batten
FMG's costs stopped falling in the March quarter

FMG's costs stopped falling in the March quarter

Tonnes shipped dropped by 4% to 38.7 million tonnes, in line with analyst forecasts, but C1 costs increased to US$13.14 per wet metric tonne. The cost figure was 9% higher than the December quarter...

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