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13
Apr
2017
Fortescue maintains FY guidance despite lower March quarter outputBy:Creamer Media Senior Deputy Editor: Australasia IRON-ORE Significant wet weather in the three months to March has seen iron-ore miner Fortescue Metals’ tonnage slip, while C1 cash costs rose by 4%.
The miner on Thursday reported that total ore shipped for the quarter under review reached 39.6-million tonnes, compared with 42.2-million tonnes produced in the second quarter of 2017.
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