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  • Fortescue Metals Group Limited announces Quarterly Production Report for March 2018

    Fortescue has released its March 2018 quarterly production results, reporting iron ore shipments of
    38.7 million tonnes (mt) and cash production costs (C1) of US$13.14 per wet metric tonne (wmt). Year to
    date C1 costs are US$12.43/wmt, equivalent to a C1 cost of US$11.90/wmt after normalising for an
    assumed exchange rate of US$0.75 and fuel costs of US$53 per barrel (WTI).

    Read more at March 2018 Quarterly Production Report.

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