FMG 4.63% $17.32 fortescue ltd

Fortescue's decarbonisation fully costed plan over the next 5.5...

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    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









 
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