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A RECORD June quarter shipping effort of 49.3 million tonnes helped Fortescue Metals Group reach its highest ever annual shipments of 182.2 million tonnes in the 2020-21 financial year.

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FMG shipped a record amount in FY21.

Having Eliwana come online during the fiscal certainly helped with that.

However, FMG's C1 costs for the quarter were US$15.23 per wet metric tonne, up 2% on the previous quarter.