Global mining giant BHP said on Wednesday streamlining efforts at its iron ore operations in Australia helped it book record production for the steelmaking ingredient in its year to end June, when its copper output also climbed to a 15-year high.
BHP reported production of 61.5M metric tons of iron ore in the quarter, down 7% Q/Q but up 3% Y/Y, while keeping guidance for FY 2024 iron ore output of 254M-264.5M tons, while copper output ...
"The world will need more copper and nickel for electrification, renewable power and electric vehicles, iron ore and high-quality metallurgical coal to produce the steel for infrastructure, including that required for decarbonisation, and the potash required for sustainable global food production.
We expect the demand–supply balance to remain relatively tight in both iron ore and copper. The balance of risks for oil prices are tilted modestly upwards. ... it has become a major swing factor in short term forecasts of global growth. ... With other sources of supply running essentially flat out already (record output from BHP and FMG ...
Figure 3: historical and forecast global scrap to steel ratio by key regions. (Source: worldsteel, BHP analysis). Similar to scrap, there is simply not enough high quality iron ore suitable for efficient DRI/EAF production to meet the global steel demand.
BHP is a global diversified miner mainly supplying iron ore and copper. The merger of BHP Limited and Billiton PLC created the present-day BHP Group.
BHP at a glance BHP is a world-leading resources company. We work in more than 90 locations worldwide and our products are sold globally. We've positioned our business to support the megatrends shaping our world. Iron ore and metallurgical coal for the steel needed for global infrastructure and the energy transition. Copper for renewable energy.
BHP Billiton met its full year target for iron ore production but has fallen short in copper and expects a decline in petroleum output in the year ahead.
BHP Group Ltd on Tuesday reported full-year iron ore production near the top end of its forecast range, thanks to record production at two mines in Western …
BHP Group (BHP) records iron ore production of 191Mt for the first nine-month period of fiscal 2024. This puts the miner on track to attain its targeted output of 254-264.5 Mt for fiscal 2024.
improved our platform for growth through the Jansen potash project, iron ore and copper. We are pursuing options to deliver greater value for shareholders by growing the business and our exposure to future-
For the three months to Dec. 31, BHP produced 66.9 million tons of iron ore, more than analysts' median estimate of 64.2 million tons. Metallurgical coal production …
The changing nature of China's commodity demand is neatly encapsulated by the latest results of BHP Group, the world's biggest mining company and a major supplier to the top global buyer of iron ...
The world's No. 1 miner by market value forecast steady iron-ore production for the year ahead, and said it should again produce more copper and less coal.
BHP expects fiscal 2024 output for Western Australia iron ore between 282 Mt and 294 Mt.
The world's biggest mining company by market value on Thursday recorded iron-ore output of 65.3 million metric tons for its fiscal fourth quarter, taking fiscal year …
We expect the demand–supply balance to remain relatively tight in both iron ore and copper. The balance of risks for oil prices are tilted upwards, while …
Australian mining giant BHP Billiton says its quarterly iron-ore production rose 1% on year, slightly below some expectations.
This story features BHP GROUP LIMITED. For more info SHARE ANALYSIS: BHP. By Mark Gardner, CEO, Head of Equities, MPC Markets. Over the last decade, BHP Group has been planning for a future beyond iron ore, and that future is rapidly unfolding, driven by the things we will need most: energy and food.
BHP Group Ltd on Tuesday reported full-year iron ore production near the top end of its forecast range, thanks to record production at two mines in Western Australia.
We have continued to focus our portfolio on iron ore and higher-quality metallurgical coal preferred by our steelmaking customers, copper which is used in electrification, nickel which is used in electric cars, and potash to make food production and land use more efficient and more sustainable. ... Growth through exploration, focused on copper ...
Broken Hill Proprietary's rich history began in a silver, lead and zinc mine in Broken Hill, Australia. Incorporated in 1885, BHP engaged in the discovery, development, production and marketing of iron ore, copper, oil and gas, diamonds, silver, lead, zinc and a range of other natural resources.
"We remain on track to meet copper, iron ore and energy coal production for the year. Copper volumes have increased by 10 per cent reflecting strong …
BHP Group has produced its first iron ore at its $3.6 billion South Flank operations in the central Pilbara region of Western Australia, it said on Thursday.
MELBOURNE, Jan 20 (Reuters) - BHP Billiton flagged on Wednesday that it sees no recovery in iron ore or coal prices in the next few years, while holding out hope for a rebound in copper and oil as ...
BHP estimated iron-ore output in the year ahead would be 2% above or below fiscal 2024 production. It has also been lifting its copper output, aided by last year's $6 billion takeover of Oz Minerals.
BHP recognises the significance of Chinese demand for iron ore for steelmaking and highlighted the determining role that Chinese stimulus packages had in influencing demand for essential steel production materials like iron ore and coking coal.
BHP Group has outlined a long-term strategy focusing on copper, nickel and oil for its growth, in what experts say is a trend for Australian iron ore majors to look to battery minerals for future growth given an unattractive longer-term iron ore outlook.
Global mining giant BHP said on Wednesday streamlining efforts at its iron ore operations in Australia helped it book record production for the steelmaking …
BHP Group (BHP) reports a 3% rise in iron ore production in the first quarter of fiscal 2023. The company expects to produce between 249 Mt and 260 Mt of iron ore in fiscal 2023.
حقوق النشر والنسخ؛ 2024.Aava جميع الحقوق محفوظة.خريطة الموقع