Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

BHP fourth-quarter iron ore output down 1 pct

Published 17/07/2019, 08:39 am
© Reuters.  BHP fourth-quarter iron ore output down 1 pct
BHP
-

July 17 (Reuters) - BHP Group Ltd BHP.AX , the world's biggest miner, reported a 1% drop in fourth-quarter iron ore production on Wednesday, hurt by a tropical cyclone in Western Australia that disrupted production and exports.

The Anglo-Australian miner's iron ore output fell to 71 million tonnes during the three months ended June 30, compared with 72 million tonnes a year earlier. The figure was lower than a UBS estimate of 72.6 million tonnes. Source Text https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02123829

BHP forecast fiscal 2020 iron ore production at 273 million to 286 million tonnes.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.