April 30 (Reuters) - Fortescue Metals Group Ltd FMG.AX :
* GUIDANCE FOR FY20 SHIPMENTS IS UPGRADED TO 175 - 177 MILLION TONNES.
* QTRLY ORE MINED 41.9 MT VERSUS 48.0 MT
* QTRLY C1 COSTS $13.27 PER WMT VERSUS $13.51 PER WMT
* QTRLY TOTAL ORE SHIPPED 42.3 MT VERSUS 38.3 MT
* CAPITAL EXPENDITURE GUIDANCE FOR FY20 REVISED TO US$2.0 - US$2.2 BILLION
* FORTESCUE'S PRODUCTS GOT AVERAGE REVENUE OF US$72.69/DMT IN Q3 FY20
* ANTICIPATED THAT FULL YEAR EXPLORATION EXPENDITURE WILL BE US$120 MILLION
* QTRLY AVERAGE REVENUE RESPRESENTED REVENUE REALISATION OF 82% OF AVERAGE PLATTS 62% CFR INDEX PRICE OF US$89.00/DMT
* DIVIDEND POLICY REMAINS TO PAY-OUT RATIO OF 50-80% OF FY NET PROFIT AFTER TAX
* FY20 C1 COST GUIDANCE OF US$12.75 - US$13.25/WMT
* IRON BRIDGE MAGNETITE PROJECT PROGRESSING ON SCHEDULE & BUDGET; FIRST CONCENTRATE PRODUCTION PLANNED IN H1 OF CY 2022
* FORTESCUE'S SHARE OF IRON BRIDGE CAPITAL EXPENDITURE IN FY20 NOW EXPECTED AT LOWER END OF GUIDED RANGE OF US$300 - US$400 MILLION