FMG 2.07% $21.26 fortescue ltd

FMG costs

  1. 78 Posts.
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    Seen lots of debate around costs. This info seems the most granular and easy to understand( and aligns with FMG announcements)

    costs ( us tonne)
    - shipping : $8.5
    - royalties : $4
    - oheads : $0.6
    - interest: $4
    - sustaining capital : $5
    - cash costs : $29
    Total : $51

    sales discounts
    8% moisture discount
    15% grade discount
    equals a 23% discount

    therefore received cost at current market pricing:
    $76.5 tonne market = $59 tonne received
    vs
    $51 tonne all in costs

    equals 172 mt x 8 = annual1.37billion PBT
 
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