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Fortescue Metals chips away at costs, debt as iron ore shipments jump

Amanda SaundersResources Reporter
Updated

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Fortescue Metals Group says it could beat its full-year guidance of 165 million tonnes after shipping iron ore at a faster rate than expected in the March quarter.

The Pilbara miner also continued to chip away at costs and debt.

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Amanda Saunders is based in Melbourne and writes on business, mining and iron ore. Connect with Amanda on Twitter. Email Amanda at amanda.saunders@afr.com.au

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    Original URL: https://www.afr.com/companies/mining/fortescue-metals-chips-away-at-costs-debt-as-iron-ore-shipments-jump-20160413-go4x3m