Fortescue maintains FY guidance despite lower March quarter output

April 12, 2017

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Significant wet weather in the three months to March has seen iron-ore miner Fortescue Metals’ tonnage slip, while C1 cash costs rose by 4%.

The miner on Thursday reported that total ore shipped for the quarter under review reached 39.6-million tonnes, compared with 42.2-million tonnes produced in the second quarter of 2017.

Category: General