The most recent FMG story is interesting.
They have reduced there C1 costs from the $30’s to $12/ton.
Another interesting point is the grade and blending which applies to FMS.
Since Xmas China has been discounting more grades below 62. The relevances to FMS is the magnetite at Canegrass which can be beneficiated and blended.
Debt doen’t seem to be a problem. http://www.copyright link/business/...unusual-progress-to-orthodoxy-20170222-guiv7v
Interesting times ahead.
The most recent FMG story is interesting. They have reduced...
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