Brief: Fortescue Says Guidance For FY27 Unchanged, Subject To Negotiations With CMRG
Wed 23:07
BRIEF-Fortescue Says Guidance For FY27 Unchanged, Subject To Negotiations With CMRG Oct 22 (Reuters) - Fortescue Ltd FMG.AX:
GUIDANCE FOR FY27 SHIPMENTS, C1 UNIT COST AND CAPITAL EXPENDITURE REMAINS UNCHANGED, SUBJECT TO NEGOTIATIONS WITH CMRG
CASH BALANCE WAS US$3.2 BILLION AT 30 SEPTEMBER 2026
IF NEGOTIATIONS WITH CMRG ARE NOT CONCLUDED BY CALENDAR YEAR-END, OPERATIONS MAY BE AFFECTED
TOTAL IRON ORE SHIPMENTS OF 46.8 MILLION TONNES (MT) IN Q1 FY27
NET DEBT WAS US$2.8 BILLION AS AT 30 SEPTEMBER 2026
CONTINUES TO ENGAGE WITH CMRG AND REMAINS FOCUSED ON GOOD FAITH NEGOTIATIONS
QTRLY TOTAL IRON ORE MINED 62.7 MLN WMT
Further company coverage: FMG.AX
((Reuters.Briefs@thomsonreuters.com;))
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