Fortescue Metals Full Year Result 22 Aug 16: FMG back on track with larger than expected dividend, for now
CommSec

Fortescue Metals Full Year Result 22 Aug 16: FMG back on track with larger than expected dividend, for now

2016-08-22
Fortescue Metals (FMG) has posted a solid full year result. The miner’s operating costs continued to improve, averaging US$15.43/wet metric tonne for FY16, a 43% reduction from the prior year.  This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank).  The Bank and its sub...
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