BRIEF-Fortescue Metals Dec qtr shipments 28 mln tonnes, up 43 pct

Jan 30 (Reuters) - Fortescue Metals Group Ltd FMG.AX :

* December 2013 quarterly production report FMG.AX

* December quarter ore mined 32.0 million tonnes versus 16.7 million tonnes a year ago

* December quarter shipments 28 million tonnes versus 19.6 million tonnes a year ago

* Says December quarter c1 costs of US$32.99 per wet metric tonne versus US$50.48/wmt a year ago

* Says total FY 2014 shipments are estimated to be 127mt, towards the lower end of previous guidance

* Says FY 2014 capital guidance has been increased to US$2.1 billion

* Iron ore stocks increased slightly during the December 2013 quarter and will be drawn down by the end of FY 2014

* Port and rail operations are fully ramped up with the port operating at a 155mtpa outload run rate over a seven day period during December 2013

* C1 cost guidance for FY 2014 has been revised down to us$34/wmt

* Says facilitating official investigations and conducting its own inquiries in order to ensure continual improvement in safety management

* Sustainable production at 155mtpa remains on track for March 2014 with ramp up of the kings opf and full production from Chichester Hub

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