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"The bulk of our BHP Billiton fair value estimate derives from just three commodities: iron ore, copper, and petroleum, in broadly equal contributions of approximately one-third apiece. Coking ...
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A 55 million tonnes ore handling facility will also be up and running should the company expand production in the region further. BHP Billiton in on track to up production this year by 5% to 183 ...
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Oct 6, 2014BHP said it aimed to cut production costs, excluding freight and royalties, to less than $20 a ton in the medium term, from $27.50 during its fiscal year that ended last June. That compares with...
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Jan 12, 2015Brazil's Vale SA, the largest exporter of steel-making iron ore, has usurped its two nearest rivals to become the lowest-cost producer as a slump in the price of oil cuts shipping costs ...
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BHP is pushing to achieve $US2.2 billion ($2.87 billion) in productivity gains across the 2016 and 2017 financial years and in the mining sector's war on costs, trucks have become a crucial...
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This was followed by first shipments by Hamersley Iron Pty Limited in 1966 and Mount Newman Mining Co. Pty Ltd (now BHP Billiton Iron Ore) in 1969. ... Cash cost for iron ore production for the major producers outside China in 2013-2014. Source: CRU Ltd, Morgan Stanley Research. Recommended articles. References
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Key Dates: 1885: Charles Rasp and George McCulloch form Broken Hill Proprietary Company (BHP). 1902: BHP begins extracting silver, lead, and zinc. 1915: BHP enters steel production. 1935: The company acquires Australian Iron & Steel Company. 1960: The company relaunches iron ore prospecting and mining operations.
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LAUNCESTON, Australia, July 28 (Reuters) - One thing has become clear from the latest production reports from the big three iron ore miners: They appear intent on ensuring their dominance by ...
Get priceAustralian miner BHP Billiton has announced its production results for the second quarter and the half year ended December 31, 2012. In the second quarter, BHP Billiton produced 42.19 million mt of iron ore, up three percent compared to the corresponding quarter of the previous year.
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But still, the prices from the recent past, prices between $100/ton and $200/ton for 62% Fe, those prices will probably be history over the long term - those were scarcity prices. And scarcity is...
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The first was that Chinese steel production, and therefore Chinese iron ore buying, had years of steady growth ahead of it. ... 855018 - news), BHP Billiton ... intervening eight months the iron ...
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On July 2, BHP Billiton celebrated the shipment of its 1 billionth ton of iron ore to Japan with customers, joint venture participants and employees in Port Hedland, Western Australia. BHP Billiton President Iron Ore Jimmy Wilson and BHP Billiton President HSE, Marketing and Technology Mike Henry were joined by joint venture participants ITOCHU Corp. and Mitsui & Co. Ltd to mark the milestone ...
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It is to be noted that, iron ore is the largest contributor to the groups EBITDA. Iron Ore- BHP Groupâ s total iron-ore production remained broadly unchanged year-on-year in FY19 at 238 Mt, while there was an increased June 2019 quarterly production at Western Australia Iron Ore reaching 63 Mt (up 12%), reflecting the return to full capacity ...
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US cents 144.66 per dry metric tonne unit. Newman Lump Ore US cents 201.69 per dry metric tonne unit. President BHP Billiton Marketing, Tom Schutte said: "We note the recent 2008 contract year price settlement of a major supply source for Australian iron ore with Baosteel.
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This confluence of trends puts low-cost iron ore producers such as BHP Billiton in the sweet spot. ... The company's iron ore production in 2014 hit 203.6 million tons, an increase of 20% year ...
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Recent tie-ups include Billiton's purchase of copper miner Rio Algom, Rio Tinto's acquisition of iron ore miner North and an Anglo-led bid for diamond giant De Beers. Base metal prices have been remarkably resilient amid the US economic slowdown, and BHP and Billiton deny the merger is designed to slash costs and brace for bad times.
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They have two parent companies-BHP Billiton limited and BHP Billiton Plc. Up to now they have over 130 years history. BHP mainly produces copper, Petroleum, Iron Ore, coal and Potash by process and extract minerals gas and oil. ... and 15 per cent in Chile copper production. BHP invested and operated this business, they also own 30 per cent ...
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Iron ore in production in Australia. BHP initiated iron ore mining in South Australia in 1903, initially for flux at the Port Pirie lead smelters but later steel production at Newcastle in 1915 and primarily as a way to provide for its future beyond Broken Hill. The two largest iron ore producers in the world are Rio Tinto and BHP Billiton with ...
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It identified the dominance of the largest iron ore producers Rio Tinto, Vale, and BHP Billiton, not only for holding the largest share of world production, but for also comprising the lowest-cost ...
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BHP Billiton says a strike this year at the giant Escondida copper mine it owns with Rio Tinto in Chile cost it US546 million A688.7m in effective lost production, in an item it will exclude from ...
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BHP Billiton hopes to lift iron ore production in WA this financial year after narrowly missing its target for 2015-16. BHP Billiton hopes to lift iron ore production in WA this financial year ...
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Impressive cost-cutting in iron ore Unit costs for BHP's WAIO (Western Australia iron ore) fell 31% to $19 per ton in fiscal 2015. Cash costs were down to $17 per ton in 2H15. Cost reduction was...
Get priceMr Wilson also said BHP Billiton could add 65 million mt of capacity at WAIO at a capital intensity of approximately $30 per annual mt, taking total system capacity from 225 million mt per year to 290 million mt per year by the end of the 2017 financial year. Tags: Iron Ore Raw Mat Australia Oceania Mining Steelmaking Production BHP
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While the miner enjoyed lower shipping costs, revenues from its iron ore unit fell We use cookies to improve your website experience. ... BHP Billiton cuts 2016 iron ore production guidance 20 Apr 2016. Wilson out as BHP Billiton sinks into deep loss 24 Feb 2016. Topics. Markets ...
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BHP Billiton Iron Ore Asset Development Projects September 2003 2ADP Presentation - Analysts 12 Sep 03 • Mining Area C Project • Area C to Yandi Rail Project • Products and Capacity Expansion (PACE) Project • System Capacity Increases to 100Mtpa • Long Term Expansion (LTE) Study Agenda 3ADP Presentation - Analysts 12 Sep 03 Area C/Yandi Rail $160M
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BHP Billiton (BHP) trims iron-ore output guidance for fiscal 2018. Northward movement in the price of this major steel-making product is expected to drive the company's performance.
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Its cash costs are $22 per ton—compared to $20.40 per ton for Rio Tinto and $26-$27 per ton for BHP. Fortescue lowered its cost per ton significantly. It invested in infrastructure and operational...
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The "Big 3" iron ore mining companies (Vale, BHP Billiton and Rio Tinto) have also steadily increased their share of total world iron ore production from 36.4% (2013) to 39% and 43.8%, respectively, in 2014 and 2015.
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BHP Billiton's share price leapt more than 3 per cent after the mining giant revealed record iron ore production for the 2017-18 financial year. Join 1.7 Million Subscribers
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BHP's iron ore production 2021. 253.5m mt. Detailed statistics. Iron ore production of BHP 2010-2021. ... BHP Billiton is one of the most valuable brands in Australia. 9 billion U.S. dollars.
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The establishment of a production systems organisation and technology team in iron ore could be a precursor to similar moves into other parts of the BHP Billiton business, should the project be ...
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Oct 28, 2014The Western Australian budget estimated iron prices to average US$122.70 in 2014-15. Currently, the spot iron price is around US$80 - 34% lower than forecast: Western Australia was budgeting to ...
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BHP Billiton, the world's largest resources group, saw production of iron ore, copper and coal surge in the year to June 30, but oil production was below the group's full-year guidance. By ...
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By James Regan SYDNEY (Reuters) - Global miner BHP Billiton upgraded its iron ore production target for fiscal 2014 while petroleum output hit a quarterly record, as it ramps up output to capture more of a slower-growing market for raw materials. Iron ore benefited from multi-billion-dollar expansion work underway in Australia that will lift fiscal 2014 output to 212 million tonnes, up from a ...
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BHP Billiton (ASX:BHP), the world's largest miner, revealed Wednesday it plans to keep ramping up iron-ore production in the face of plunging prices and a global oversupply of the steelmaking ...
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BHP has already allocated $25 billion to expand iron ore production over the next five years and another $8 billion to boost its metallurgical coal business.
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In addition, met coal production was up 20%, copper was in line with guidance despite declining ore grades, and petroleum liquids volume increased 18%. Clearly, the core businesses are doing well.
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Jul 20, 2021Australian mining giant BHP Billiton said on Tuesday, it plans to cut down cost of Australian iron ore, copper and coal business and increase $1.6 billion capacity in future two years. Nov 28, 2017 09:28 CST
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On July 19, BHP Billiton (BHP) released the production and sales report for the second quarter of 2022. The report showed: In terms of production: in the second quarter of 2022, the iron ore production of the Pilbara business was 71.66 million tons, an increase of 8% from the previous quarter and a decrease of 2% from the same period last year.In the first half of 2022, the output was 138 ...
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Mining giant BHP Billiton Wednesday reported an increase in iron ore output for the June quarter but a decline in gas production as projects were delayed on weak oil prices. The Anglo-Australian firm said ore output for the three months to June rose by six percent from the previous quarter last year, taking the overall increase for the 2015 ...
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