PROCESSING

FMG enjoy another record year

FORTESCUE Metals Group shipped 48.9 million tonnes of iron ore in the June quarter for record financial year 2023 shipments of 192Mt, which comes in at the top end of market guidance.

 Hicks and Forrest

Hicks and Forrest

FMG's costs were $US17.57 per wet metric tonne in the June quarter and $17.54/wmt in FY2023. Average revenue was $96 per dry metric tonne for the quarter and $95/dmt in FY2023. FMG chief executive...

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