FMG published annual reports today of fiscal year 2016
1) FMG fiscal year of 2016 is167.6 million tons of iron ore production, an increase of 9%;
2) in fiscal year 2016 iron ore sales (including third party) 169.4 million tons, an increase of 2%;
3) as of June 30, 2016, C1 costs by a quarter of fiscal 2016 wet t $14.31 / $16.9 / wet tons;
4) after-tax net profit of $985 million, EBITDA (tax rates, depreciation and amortisation) for $3.195 billion;
5) with $304 million in capital expenditure;
6) real selling price is $45 / dry tons. (fiscal 2015 $57 / dry metric ton).
7) as of June 30, 2016, inventory with $1.6 billion in cash;
8) as of June 30, 2016,with $5.2 billion in net debt