FMG 1.86% $19.54 fortescue ltd

Iron ore price, page-53820

  1. 11,371 Posts.
    lightbulb Created with Sketch. 1470
    Fortescue's decarbonisation fully costed plan over the next 5.5 years.

    Net operating cost savings of US$818 million per annum from 2030, at prevailing market prices of diesel, gas and Australian Carbon Credit Units.

    Cumulative operating cost savings of US$3 billion by 2030 and payback of capital by 2034, at prevailing market prices..

    That will mean that their US$6.2bn capex will only cost them US$3bn thereabouts.

    Tony









 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.