Apr 20, 2016· BHP Billiton has cut its iron ore production target for the second time this year, on account of lower expected output at its operations in Western Australia. The company on Wednesday also posted a 10 per cent fall in iron ore production from its March 2015 quarter to 53 million tonnes, due to the shutdown
Apr 17, 2019· Fellow West Australian iron ore giant Rio Tinto also announced cuts in its iron production of about 14 million tonnes due to Cyclone Veronica. Mining at BHP's embattled Brazilian Samarco iron ore mine also remains suspended after multiple dam failures late last year.
Apr 17, 2019· Read the latest Oil articles sourced from a variety of trustworthy content providers at ... BHP cuts iron ore production outlook after Australian cyclone. BHP lowers annual iron ore ...
BHP cuts FY iron ore production guidance as cyclone hits output. April 17 BHP Group, the world's biggest miner, on Wednesday cut its annual iron ore production forecast on disruptions caused by a ...
Apr 17, 2019· BHP has cut its iron ore production guidance for the 2019 financial year on the impacts of Tropical Cyclone Veronica, after a similar reduction by Rio Tinto yesterday. The production forecast ...
The Jimblebar mine is an iron ore mine located in the Pilbara region of Western Australia, 41 kilometres east of Newman.. The mine is fully owned and operated by BHP Billiton, and is one of seven iron ore mines the company operates in the Pilbara. The company also operates two port facilities at Port Hedland, Nelson Point and Finucane Island, and over 1,000 kilometres of rail in the Pilbara.
Jan 20, 2016· Supply gluts. The benchmark price of iron ore, BHP's top earner, has slumped more than threequarters since its 2011 peak, while oil this month plunged below 30 a barrel for the first time in ...
BHP BILLITON, which had been the only big iron ore miner not to cut production, has bowed to weakening market conditions and slashed output at a pellet operation in Brazil.
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Apr 19, 2018· BHP Billiton (NYSE:BHP) cuts its FY 2018 iron ore production guidance, citing problems with its railroad car unloading system, after reporting an 8% increase in iron ore .
April 17 (Reuters) BHP Group, the world's biggest miner, on Wednesday cut its annual iron ore production forecast on disruptions caused by a tropical cyclone that pushed its quarterly output of ...
Apr 20, 2016· By James Regan SYDNEY (Reuters) Mining giant BHP Billiton followed rival Rio Tinto in trimming its iron ore output guidance on Wednesday, helping to ease pressure on an oversupplied market. The world's no. 3 producer cut its Western Australia iron ore production .
Global miner BHP Group said on Tuesday its secondquarter iron ore production fell 9 percent and flagged a 600 million negative impact due to production disruptions at its copper and iron ore operations. The world's biggest miner said unplanned production outages at .
Jul 19, 2016· BHP Billiton Ltd., the world's biggest mining company, forecast that iron ore production could be flat this fiscal year, while it sees petroleum output declining as much as 17 percent and the ...
Jan 20, 2016· BHP forecasts its share of fullyear iron ore output to rise about percent in the year through June 30, compared to the previous 12 months. Iron ore is the only division forecast to increase volumes this fiscal year, with BHP's guidance predicting annual output declines in .
Jun 24, 2014· By James Regan SYDNEY (Reuters) BHP Billiton is looking at more job cuts at its flagship Australian iron ore division as a way to reduce costs, as ore prices slump and pressure mounts to rein in spending. The possibility of more cuts comes .
Jan 17, 2018· The downward revision to the goal for steelmaking coal followed a mixed first half for BHP, with copper output rebounding but iron ore production steady and volumes for the petroleum and ...
Apr 27, 2019· BHP Group Ltd. engages in the exploration, development, production, and processing of iron ore, metallurgical coal, and copper. It operates through the following segments: Petroleum, Copper, Iron ...
* Miners' focus has shifted to cost cutting on weak iron ore price * BHP targets 25 pct cut in iron ore production costs * Aims for production cash cost below 20 a tonne * Big miners squeeze out smaller miners (Adds BHP iron ore chief, analyst comments) By Silvia Antonioli and Sonali Paul LONDON ...
The world's biggest miner BHP said Tuesday it was ramping up its Western Australia operations following a tropical cyclone that hit iron ore output levels. The AngloAustralian mining firm said Tropical Cyclone Veronica, which stuck the region last month, had so far cut production .
BHP said its initial estimate is a reduction in ironore production of around 6 million to 8 million tonnes. The company said there wasn't any major damage to its operations at Port Hedland, but ...
Apr 20, 2018· BHP shares leapt more than % yesterday despite the company trimming its iron ore production forecasts for 201718 by around 2 million tonnes due to unplanned maintenance and disruption from a cyclone early in the three months to March.
May 12, 2015· By Silvia Antonioli LONDON (Reuters) BHP Billiton said on Tuesday it would slash its iron ore production cost further and cut spending to better withstand a downturn in commodity prices that is testing even mining industry heavyweights. Giant iron ore producer BHP.
BHP flags higher iron ore costs, lower production BHP has followed Rio Tinto and trimmed its fullyear iron ore guidance, while also flagging higher unit costs. A BHP iron ore train near Newman in ...
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