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Fortescue cuts costs again

FMG cuts C1 costs again.

Noel Dyson
Caterpillar automated trucks, similar to this one, are proving 20% more productive for FMG.

Caterpillar automated trucks, similar to this one, are proving 20% more productive for FMG.

That cash cost is down 3% on the previous quarter and down 35% from 12 years ago. The company’s ore processing facilities have been the main contributors to its 10 consecutive quarters of cash cost reductions,...

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