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Revenue per ton :MinRes· Discounts for low grade iron ore...

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    Revenue per ton :

    MinRes
    · Discounts for low grade iron ore remained elevated during the quarter. The average realised iron ore price for the quarter was US$63.23 per dry metric tonne (dmt), 19% lower qoq, with a realisation against Platts IODEX of 58%. This realisation was negatively impacted by finalisation adjustments totalling US$29.4m for prior quarter shipments. Excluding prior quarter adjustments, shipments in the current quarter had an achieved price of US$69.16 per dmt.

    FMG
    · Average revenue of US$74.36/dry metric tonne (dmt) representing revenue realisation of 68 per cent of the Platts 62% CFR Index for the quarter

    Fenix
    · Average price received was US$55.96 (~A$77) per dry metric tonne (dmt) FOB, which is equivalent to US$89.50/dmt (~A$123/dmt) CFR.

    Cufe

    · Realised FOB pricing of US$100.56/wmt compares favourably with pricing reported by other West Australian iron ore producers for the December quarter;

    Geraldton Freight during the quarterly assume 34usd .CFR price =134 USD

 
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