FMG 0.67% $22.10 fortescue metals group ltd

News: FMG Fortescue Sees Fy21 Iron Ore Shipments Of 175 - 180Mt

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    July 30 (Reuters) - Fortescue Metals Group Ltd (FMG) :

    • FORTESCUE SEES FY21 IRON ORE SHIPMENTS OF 175 - 180MT
    • FORTESCUE - Q4 TOTAL ORE SHIPPED 47.3 MT VERSUS 46.6 MT
    • FORTESCUE - Q4 C1 COSTS $ 13.02 PER WMT VERSUS $12.78 PER WMT
    • FORTESCUE SEES FY21 C1 COSTS OF US$13.00 - US$13.50/WMT,
    • FORTESCUE- Q4 ORE MINED 57.2 MT VERSUS 57.6 MT
    • FORTESCUE - SEES FY21 CAPITAL EXPENDITURE OF US$3.0 - US$3.4 BILLION
    • FORTESCUE - IMPACT OF COVID-19 CONTINUES TO BE WELL MANAGED ACROSS OUR OPERATIONS,
    • FORTESCUE- QTRLY AVERAGE REVENUE OF $81 PER DRY METRIC TONNE
    • FORTESCUE - CHINESE CRUDE STEEL PRODUCTION REMAINED STRONG IN JUNE QUARTER
    • FORTESCUE- QTRLY PRICE REALIZATION OF 86% OF AVERAGE PLATTS 62% CFR INDEX
    • FORTESCUE - DEMAND FOR FORTESCUE'S PRODUCTS REMAINS STRONG AS SHIPMENTS CONTINUE TO CHINA AND OTHER MARKETS
    • FORTESCUE - FORECAST TOTAL INVESTMENT IN ELIWANA MINE AND RAIL PROJECT IS REVISED T US$1.325 - US$1.375 BILLION
 
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