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bhp cuts iron ore production finance

BHP eases iron ore production Yahoo New Zealand Finance

Apr 20, 2016· BHP Billiton has cut its iron ore production target for the second time in three months, a move that could help bolster iron ore prices. The resources giant expects to produce 229 million tonnes of iron ore in the 2015/16 financial year, down from its previous target of 237 million tonnes, after bad weather and rail maintenance work affected operations in Western Australia.

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BHP cuts iron ore production outlook after Australian

21 · BHP also increased its fullyear production costs to less than 15 a tonne, from less than 14 a tonne previously, due to lower volumes and increased remediation costs. Since selling its onshore oil business last year, BHP is focussed on just four commodities iron ore, copper, coal and offshore oil and gas.

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BHP cuts FY iron ore production guidance as cyclone hits

Apr 17, 2019· (Reuters) BHP Group, the world's biggest miner, on Wednesday cut its annual iron ore production forecast on disruptions caused by a tropical cyclone which pushed its quarterly output of the steelmaking material 5 percent lower. The AngloAustralian miner lowered projections for its fiscal 2019 iron ore production to 265 million270 million tonnes, from 273 million283 million tonnes.

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BHP turns defensive amid downturn

Jan 20, 2016· BHP Billiton will focus on defending its balance sheet amid a global commodities rout, after lowering its full year iron ore production target and flagging another 1 billion hit to its bottom line.

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BHP Billiton cuts iron ore guidance as production slips

Apr 20, 2016· Iron ore has now gained 44 per cent since the start of the year and news of BHP lowering its target, and as much as a 20milliontonne cut at Rio Tinto's Pilbara operations in 2017, may help

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BHP cuts 2018 iron ore forecast, cites rail car upload

Apr 19, 2018· BHP Billiton Ltd cut its 2018 fiscal year iron ore output guidance on Thursday citing issues in its railroad car unloading system, while also slightly raising its copper output expectations given higher production at the Escondida mine. A car dumper is a machine that unloads bulk cargoes from rail road

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BHP cuts 2018 iron ore forecast

Apr 19, 2018· BHP Billiton Ltd cut its 2018 fiscal year iron ore output guidance on Thursday citing issues in its railroad car unloading system, while also slightly raising its copper output expectations given

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BHP cuts iron ore production outlook, will it help boost

20 · BHP Group, the world's biggest miner, announced on Wednesday that it slashed its forecast for iron ore output after a tropical Australian cyclone, Reuters reports. This comes after its rival Rio

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BHP flags higher iron ore costs, lower production Mining

Apr 17, 2019· 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 .

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BHP Billiton Cuts its Iron Ore Production Guidance by 10 MnT

BHP Billiton Cuts its Iron Ore Production Guidance by 10 MnT By Parul Jain Fines/Lumps Posted on 12:40:27 IST Jfg sgaa uwmsw Ydcjeyaoyw HFT Hoaaojmw, fyc egkgwjar egagycgq ojc mtgeyjomwya egbogs vme voecj con pmwjfc mv Ydcjeyaoyw VR 16. Ykkmeqowx jm jfg egtmej, jfg powge temqdkgq 118 PwJ oemw meg ow voecj fyav mv Ydcjeyaoyw VR16.

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BHP Billiton returns to profit thanks to commodity price

BHP Billiton returns to the black with a net profit of billion for the first half of 2017 A surge in coal and iron ore prices is behind the turnaround CEO Andrew Mackenzie said commodity

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BHP cuts iron ore forecasts after Australia cyclone

16 · (Sharecast News) BHP cut iron ore output forecasts on Wednesday, reflecting the impact of tropical cyclone Veronica in Western Australia, which also hit production at sector peer Rio Tinto.

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BHP cuts 170 jobs at ironore operation Mining News

Jun 10, 2014· BHP Billiton has slashed 170 iron ore jobs from its Mt Whaleback mine in the Pilbara region in Western Australia as the miner continues to focus on cost and productivity gains. This follows the axing of 100 jobs from the multinational miners' iron ore headquarters in Perth, Australia last week.

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BHP cuts production costs in response to metal price dive

May 12, 2015· BHP Billiton, the world's largest mining company, said on Tuesday it would slash its iron ore production cost further and cut spending to better .

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BHP Billiton : IronOre Output Down OnQuarter; Cuts

Oct 16, 2018· The miner also reported an onyear rise in copper output, but said production was weaker on the quarter earlier because of plant outages. It cut fiscalyear guidance by roughly 3%. BHP, the world's biggest mining company by market value, on Wednesday reported iron ore production of 61 million metric tons for the three months through September.

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World's biggest miner BHP reports record iron ore production

Jul 18, 2018· BHP's share price leapt more than 3 per cent on Wednesday morning after the mining giant revealed record Australian iron ore production for the 201718 financial year. Fullyear production .

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