Hi Elyk
the MD was recently quoted saying it was $USD72/t and their presentation said 'low 70s'. So Im using 72.
Re FMGs all in cost per tonne margin at current spot - this was covered in that earlier posting.
But I'll repeat here
Index (at time it was written) - $US89.30 for 62% Fe
FMG price received - currently 8-14% discount to index because they have lower grade ore = $US78.58
(ie ive used 12% discount to estimate the average price received across entire product range.)
FMG all in sustaining cost of production = $US72/t
So current all in sustaining cost margin was $US6.58 per tonne
Hope that helps
cheers
goldbear
Fortescue’s China iron ore discount nears GFC levels, page-11
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$19.76 |
Change
-0.220(1.10%) |
Mkt cap ! $60.84B | |||
| Open | High | Low | Value | Volume |
| $19.66 | $19.80 | $19.20 | $191.1M | 9.763M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4673 | $19.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.76 | 31740 | 2 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |