FMG 0.33% $22.41 fortescue ltd

Iron Ore Price, page-17777

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    HIGHLIGHTS – DECEMBER 2016 QUARTER 
    TRIFR of 3.2, six per cent improvement on the prior quarter 
    US$12.54/wmt C1 cost  42.2 million tonnes shipped 
    US$1.2 billion of cash on hand and net debt of $4.0 billion at 31 December 2016 
    Initial gearing target achieved with gross gearing of 36 per cent
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