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BRIEF-Fortescue Metals says Q3 total ore shipped 42.0 MT vs 40.4 MT last year

Published 13/04/2016, 09:49 am
BRIEF-Fortescue Metals says Q3 total ore shipped 42.0 MT vs 40.4 MT last year
FMG
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April 13 (Reuters) - Fortescue Metals Group Ltd FMG.AX :

* March 2016 quarterly production report FMG.AX

* Q3 ore mined 43.4 MT versus 35.5 MT last year

* Q3 total ore shipped 42.0 MT versus 40.4 MT last year

* Q3 C1 costs $14.79/wmt versus $25.90/wmt last year

* Shipments are currently running ahead of target due to the unseasonal mild weather experienced during the March quarter"

* Capital expenditure guidance of US$200 million is maintained in FY 2016

* "Potential upside to the full year guidance remains subject to the impact of weather during the June quarter"

* Full year c1 cost guidance is also maintained at US$15/wmt

* Total exploration expenditure expected to be US$30 million for FY 2016

* Source text for Eikon ID:nASX7S3mmD

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