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BHP Billiton Posts Another Iron Ore Output Record

  • Wednesday, July 17, 2013
  • Source:

  • Keywords:Iron Ore
[Fellow]
[ferro-alloys.com] The world's biggest mining company has reported another record rise iniron ore output and at many of its Australian coal mines.
 
BHP Billiton's 2013 annual production report shows the mining giant recorded a 17 per cent increase in iron ore production for the June quarter compared with the same time last year.
 
For the financial year, iron ore output rose by seven per cent to 170 million tonnes, and BHP expects output to jump to about 207 million tonnes next financial year.
 
BHP says the first production at its Jimblebar mine expansion in the West Australian Pilbara region is now expected in the December quarter, ahead of schedule.
 
Output at its Queensland Coal operation rose by 54 per cent in the quarter, driven by record annual production at its Peak Downs and South Walker Creek mines.
 
BHP closed nearby mines at Norwich Park and Gregory during the year.
 
Its major competitor Rio Tinto yesterday reported record iron ore output for the six months to the end of June.
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