Australian miner BHP Billiton has announced its production results for the first nine months ended March 31 of the financial year 2022-2023.
The company’s iron ore production in the given period increased by 1.3 percent year on year to 191.7 million mt, reflecting the continued strong supply chain performance. This was partly offset by the temporary suspension of all operations.
Western Australia Iron Ore (WAIO) achieved record production of 212.6 million mt for the nine-month period. There was no significant damage or reported injuries at WAIO sites as a result of tropical cyclones.
BHP Billiton said that it expects its iron ore production to range between 249 million mt and 260 million mt for the financial year 2022-23, remaining unchanged.
In the first nine months, BHP Billiton’s metallurgical coal production decreased by 27.3 percent year on year to 20.5 million mt, due to rainy weather. Production is expected to be between 29 million mt and 32 million mt in the financial year 2022-23, remaining unchanged.