BHP, FMG see their iron ore unit costs up 2 digits on year
According to the interim reports released on February 15 and 16, BHP Billiton and fortesco Metals Group (FMG) announced 12% and 20% of the unit cost of iron ore in the business in Western Australia from July to January to December 31 (fy22, 2021) respectively due to the input costs of iron ore, other consumables and rising labor prices.
