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BHP’s 1st Quarter Iron Ore, Copper Output Rises
BHP iron ore output beats, copper production edges up on better grades at Escondida
Global miner BHP beat first-quarter iron ore output estimates on Thursday, spurred by easing of bottlenecks at its Western Australia operations amid efforts by China to revive its grappling property market and faltering economic growth.
BHP Q1 Iron Ore Production Rises 2% Y/Y, Copper Increases 4%
BHP reports iron ore production of around 65 Mt in the first quarter of fiscal 2025. The miner expects production in fiscal 2025 to be between 255 Mt and 265.5 Mt.
BHP’s First Quarter Iron Ore, Copper Output Rises
The Australian mining giant said it produced 64.6 million metric tons of iron ore in the three months through September, up 2% on a year earlier. Copper production rose by 4% to 476,300 tons, the company said.
Mining
44m
Brazil to sign deal with BHP, Vale over Mariana dam collapse on October 25, sources say
As of Friday, the negotiations between the parties were ongoing and no final agreement has been reached on the settlement ...
1d
BHP sells iron ore at weakest price in four years amid quality fears
The fall has led the market to worry that the country’s largest mining company may have similar challenges to its Pilbara ...
The Economist
1d
BHP and Rio Tinto are heading in different directions
Rio’s focus on expansion, however, has come at a cost. In 2019 the return on capital for the two miners was almost identical, ...
3d
Iron Ore Drops With Leading Miners to Deliver Production Reports
Iron ore fell as investors’ attention shifted from China’s plans for stimulus and the outlook for demand to prospects for ...
20h
Deutsche defies iron ore bears, tips prices to hit $US130
Fresh off a 5 per cent plunge in iron ore futures, new analysis from Deutsche Bank shows China’s stimulus package could ...
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