April 18 (Reuters) - Fortescue Metals Group Ltd (FMG) :
- FY19 GUIDANCE 165-170MT IN SHIPMENTS, INCLUSIVE OF WEST PILBARA FINES PRODUCT OF 8-10MT.
- FY19 GUIDANCE C1 COSTS EXPECTED TO BE BETWEEN US$13-13.50/WMT.
- FY19 GUIDANCE TOTAL CAPITAL EXPENDITURE OF US$1.2 BILLION, INCLUSIVE OF FORTESCUE'S SHARE OF IRON BRIDGE MAGNETITE PROJECT FOR FY19.
- QTRLY ORE MINED 48.0 MT VERSUS 41.6 MT A YEAR AGO
- QTRLY TOTAL ORE SHIPPED 38.3 MT VERSUS 38.7 MT A YEAR AGO
- QTRLY C1 COSTS US$ 13.51 /WMT VERSUS US$13.14/WMT IN PRIOR QUARTER
- LONG TERM CONTRACTS FOR OFF-TAKE OF 60.1% IRON GRADE WEST PILBARA FINES PRODUCT NOW FINALISED WITH NINE CUSTOMERS
- IRON BRIDGE PRODUCT WILL INCREASE AVERAGE GRADE
- QTRLY AVERAGE PRICE RECEIVED INCREASED TO US$71 PER DRY METRIC TONNE (DMT) VERSUS DECEMBER QUARTER OF US$48/DMT
- CLOSURE OF PORT HEDLAND PORT, FLOODING CAUSED BY CYCLONE RESULTED IN LOSS OF 5 DAYS OF SHIPMENTS EQUATING TO 2.5MT
Source text: http://bit.ly/2vccx9v
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News: FMG Fortescue Metals Group Says Qtrly Ore Mined At 48 MT
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