BHP Billiton sees improved iron ore output

Wednesday, 22 April 2015 16:50:13 (GMT+3)   |   Istanbul
       

Australian miner BHP Billiton has announced its production results for the first nine months ended March 31, 2015 of the financial year 2014-15, achieving an iron ore output of 188 million mt from its Western Australian iron ore operations, rising 16 percent year on year as a result of continued improvement in the performance of the integrated supply chain, the successful ramp-up of the Jimblebar mining hub to a rate in excess of 45 million mt per year, and the relatively limited impact of the wet season.
 
According to BHP Billiton, Western Australian iron ore production guidance for the given financial year now stands at 250 million mt, two percent higher than prior guidance. The company said that it will delay an Australian port project, slowing down its expansion plans to 290 million mt per year.
 
In the first nine months, BHP's metallurgical coal production increased by 14 percent year on year to 38 million mt, reflecting the successful ramp-up of the Caval Ridge mine.

Similar articles

India’s coking coal import traffic at ports up 10% in FY 2023-24

18 Apr | Steel News

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

28 Mar | Steel News

Fitch Ratings raises iron ore price assumptions for 2024-2026 amid limited supply

22 Mar | Steel News

India’s coking coal port traffic up 10% in April-February of FY 2023-24

11 Mar | Steel News

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

29 Feb | Steel News

Metinvest’s pig iron and crude steel output down in 2023

21 Feb | Steel News

India’s coking coal port traffic up 11 percent in April-January

06 Feb | Steel News

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

31 Jan | Steel News

India’s coking coal port import traffic up 13% in April-December

05 Jan | Steel News

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

29 Dec | Steel News