BHP posts second straight year of record iron ore production, beats estimates

  • Wednesday, July 17, 2024
  • Source:ferro-alloys.com

  • Keywords:iron ore, steel
[Fellow]BHP Group on Wednesday reported record annual iron ore production for a second consecutive year, helped by improved weather conditions and higher contribution from its South Flank operations in Western Australia.

[Ferro-Alloys.com] 

BHP posts second straight year of record iron ore production, beats estimates

BHP Group on Wednesday reported record annual iron ore production for a second consecutive year, helped by improved weather conditions and higher contribution from its South Flank operations in Western Australia.

BHP has eked out consistent gains from a project to debottleneck its Western Australian iron ore operations, while also benefiting from higher throughput at its Escondida mine in Chile.

For the full year ended June 30, BHP produced 287.0 million metric tons (Mt) of iron ore. It expects to produce between 282 Mt and 294 Mt for fiscal 2025, as it progresses towards its medium-term target beyond 305 Mt.

 

  • [Editor:邢亚敏]

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