Oct 26 (Reuters) - Fortescue Metals Group Ltd FMG.AX on Thursday reported a slight rise in iron ore shipments in the 2018 fiscal year's first quarter, in line with analysts' estimates, while costs edged lower.
The world's fourth-largest producer of iron ore said quarterly shipments rose to 44 million tonnes from 43.8 million tonnes in the same quarter a year earlier. Cash production costs averaged $12.15 per wet metric tonne over the quarter, 10 percent less than the year-ago period.