BHP Billiton achieves iron ore output target, expects rise for next year

Wednesday, 22 July 2015 14:41:33 (GMT+3)   |   Istanbul
       

Australian miner BHP Billiton has announced its production results for the financial year 2014-15 ended June 30, 2015, achieving an iron ore output of 254 million mt from its Western Australian iron ore operations, rising 12.6 percent year on year representing a fifteenth consecutive annual record. The miner stated that the continued optimization of the port facilities and an increase in direct shipping ore resulted in record sales volumes of 256 million mt in the given period.
 
According to BHP Billiton, Western Australian iron ore production for the financial year 2015-16 is forecast to increase to 270 million mt, as a result of improved processing efficiency. Further productivity improvements are expected to contribute to an increase in system capacity to 290 million mt per year over time.
 
In the given financial year, BHP's metallurgical coal production increased by 13 percent year on year to 42.6 million mt. Production is forecast to decrease in the current financial year to 40 million mt as a result of the closure of Crinum mine. BHP Billiton expects to start production at the 1 million mt per year Haju mine in Indonesia during the financial year 2015-16.

Similar articles

CISA: Coking coal purchase cost in China down 9.86% in Jan-Feb

28 Mar | Steel News

Ukraine’s ArcelorMittal Kryvyi Rih posts lower pig iron output due to Russia’s attacks on energy infrastructure

21 Mar | Steel News

CISA: Coking coal purchase cost in China down 11.21 percent in January

29 Feb | Steel News

CISA: Coking coal purchase cost in China down 18.75 percent in 2023

31 Jan | Steel News

CISA: Coking coal purchase cost in China up 2.03 percent in November

29 Dec | Steel News

CISA: Coking coal purchase cost in China up 8.35% in Oct from Sept

29 Nov | Steel News

CISA: Coking coal purchase cost in China down 20.31% in January-August

28 Sep | Steel News

CISA: Coking coal purchase cost in China up 24.91 percent in 2022

03 Feb | Steel News

CISA: Coking coal purchase cost in China up 38.08 percent in Jan-Oct

29 Nov | Steel News

CISA: Coking coal and and met coke purchase costs decline in August

29 Sep | Steel News