From the March Qtly Report
"Based on the strong operating performance in the nine months to 31 March 2022, guidance for FY22 shipments is upgraded to 185 - 188mt (previously 180 - 185mt)."
and
"The C1 cost of US$15.78/wmt in Q3 FY22 was three per cent higher than the previous quarter and six per cent higher than Q3 FY21. Strong volumes and an ongoing focus on cost management were offset by market inflation across key input costs, including diesel, other consumables and labour rates."
https://www.fmgl.com.au/docs/default-source/announcements/march-2022-quarterly-production-report.pdf?sfvrsn=4ce5ab2f_6
Business may look interesting, if AUD dollar average is lower to offset the higher C1 costs (hopefully kept under control) if higher shipments materialize.
Tony
Iron ore price, page-46059
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