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.