Australian miner BHP Billiton has announced its operational results for the full financial year 2023-24 ended June 30.
The company’s iron ore production in the given period rose by one percent year on year to 259.7 million mt. In the April-June period this year, BHP Billiton produced 69.2 million mt of iron ore, up by six percent compared to same period of the previous financial year, reflecting increased production at Western Australia Iron Ore (WAIO).
The company also stated that it expects its iron ore production to be in the range of 255-265.5 million mt for the 2024-25 financial year.
In the full financial year, BHP Billiton’s metallurgical coal production decreased by 23.0 percent year on year to 22.3 million mt. Production is expected to be in the range of 16.5-19 million mt in the 2024-25 financial year.