and FMG are pretty much the first movers in tge decarbonisation field. Not only will FMG have very low C1 costs but their margins will increase as the cost curve will continue to increase right across the sector as other miners will not have yet fully decarbonised its ops and inflation will bite those companies, for the smaller/marginal miners they will have a very long payback period as the volume will not be large enough to absorb the fixed costs within a timely manner.
FMG will be in an envious position and this is excluding their other likely revenue sources.
POWER!!!! Fortescue Future Industries, page-3594
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Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
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| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
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| FMG (ASX) Chart |