Fortescue announced third quarter report
1. In the third quarter output: 43.6 million tons, 2% month-on-month and 7% year-on-year.
2. In the third quarter volumes (including the third party) : 43.8million tons, 1% month-on-month increase, an increase of 5%;
3. C1 cost is $13.55 / wet metric tons in the third quarter, down 5% month-on-month, fell by 20%;
4. The financial balance: as of September 30, net debt of $4.2 billion, $1.8 billion in cash;
5. In the stripping ratio of 1.1 (chichester 1.1; 1.0 Solomon);
6. In the third quarter sustainable capital spending $1.28 / wet tons;
7.2017 year goal: capacity of 1.65 170 million tons; $12-13 C1 / wet tons; The average stripping ratio, 1.1;The average selling price will reach platts CFR 90% of the average price of 85-62%