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BHP Iron Ore Performance in September Quarter

Mining News - Published on Fri, 18 Oct 2019

Image Source: nsenergybusiness.com
Total iron ore production decreased by one per cent to 61 million tonne (69 million tonne on a 100 per cent basis). Guidance for the 2020 financial year remains unchanged at between 242 and 253 million tonne (273 and 286 million tonne on a 100 per cent basis). At WAIO, lower volumes reflected significant planned maintenance at Port Hedland, including a major car dumper maintenance program, to further improve port reliability and provide a stable base for our tightly coupled supply chain. Major planned car dumper maintenance was completed on 16 October 2019, while the port maintenance program continues through the 2020 financial year. Mine operations continued to deliver consistent performance during the quarter.

Mining and processing operations at Samarco remain suspended following the failure of the Fundao tailings dam and Santarem water dam on 5 November 2015.

In September 2019, BHP divested its 45.5 per cent interest in the Nimba iron ore project in Guinea to High Power Exploration Inc.

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Posted By : Rabi Wangkhem on Fri, 18 Oct 2019
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