Original article by Amanda Saunders
The Australian Financial Review – Page: 15 & 20 : 14-Apr-16

Fortescue Metals Group has advised that its iron ore shipments rose by four per cent year-on-year in the March 2016 quarter, to 42 million tonnes. Fortescue has indicated that favourable weather conditions in the June quarter could allow the group to exceed its guidance of 165 million tonnes for 2015-16. The iron ore miner’s net debt fell by $A200m to $A5.9bn during the March quarter, while its cash costs were reduced by six per cent.

CORPORATES
FORTESCUE METALS GROUP LIMITED – ASX FMG, RIO TINTO LIMITED – ASX RIO, BHP BILLITON LIMITED – ASX BHP, VALE SA