Original article by Nick Evans
The Weekend Australian – Page: 27 : 20-Apr-19

Fortescue Metals Group has advised in its production report for the March quarter that its average cost of production is now tipped to between $US13 and $US13.50 a tonne. It had previously advised that its average cost of production would be between $US12 and $US13 a tonne. CEO Elizabeth Gaines said its new 60.1 per cent iron grade West Pilbara Fines product has been well received by customers, while CFO Ian Wells said some of the spare cash generated by its Pilbara iron ore operations could be paid to shareholders in the form of higher dividends.

CORPORATES
FORTESCUE METALS GROUP LIMITED – ASX FMG