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Fortescue slashes costs for eight consecutive quarter

By:  
Creamer Media Senior Deputy Editor: Australasia
 
IRON-ORE
Iron-ore miner Fortescue Metals on Thursday reported record low cash production costs for the quarter ended December, while maintaining a strong production performance. During the second quarter ended December, Fortescue shipped 42.1-million tonnes of iron-ore, compared with the 41.9-million tonnes shipped in the previous quarter.
 
 
 
 
 

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