July 27 (Reuters) - Fortescue Metals Group Ltd (FMG) :
- Qtrly c1 costs US$ 12.16 /wmt versus US$ 13.06 /wmt in prior quarter
- Qtrly ore mined 53.5 million tonnes versus 44.7 million tonnes in prior quarter
- Guidance for FY18 has also been provided, targeting a further reduction in c1 costs to US$11-12/wmt and maintaining shipments of 170mt.
- In FY 18 c1 cost of US$11-12/wmt remains subject to fluctuations in australian dollar exchange rates and fuel prices
- Qtrly shipments of 44.7 million tonnes (mt) of iron ore
- FY18 depreciation and amortisation of US$7.40/wmt
- Has received unconditional commitments for a US$525 million revolving credit facility from financial institutions in Australia, China and Europe.
News: FMG Fortescue Metals Group says qtrly shipments of iron ore was 44.7 mln tonnes
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