Mount Gibson Iron Limited provided sales guidance for the financial year 2020-21. The company expects group ore sales guidance for 2020-21 unchanged at 2.8 Mwmt -3.3 Mwmt, including circa 1.8 Mwmt from Koolan Island. Group cash cost guidance for the full financial year has increased to $65-70/wmt FOB before Shine Project development and pre-production costs ($30 million), Koolan capitalised waste stripping ($130 million) and other capital improvement projects ($25-30 million).