2015-1-21 · BHP Billiton produced 16 per cent more iron ore in the December 2014 half year to post a new record. BHP revealed it produced 113 million tonnes in the half year, and said guidance for the 2015 ...
2017-8-25 · BHP''s iron ore asset WAIO (Western Australia Iron Ore) contributes more than 90.0% of the company''s total iron ore production. Production at …
· BHP Billiton organized a site tour of its Western Australia Iron Ore operations this week, providing valuable information about its production costs: Source: BHP Billiton Site Tour Presentation, September 27 2011 Observations: BHP positions itself in the cost curve around $39/t CIF. Average iron ore price for the year ended June 2011 was $163/t, resulting…
2014-10-6 · BHP Billiton has raised the stakes in the ongoing war of attrition in global iron ore with a plan to slash costs and lift production. The world''s biggest miner …
Jul 17, 2013· Mining giant BHP Billiton has reported record full-year production at its iron ore operations. BHP said that production had jumped by 9% to …
2015-4-22 · BHP Billiton has announced a 20 per cent increase in iron ore production, resulting in the miner lifting its full year guidance. The company produced 58.979 million tonnes of iron ore …
2015-2-25 · BHP had an "extreme imperative" to continue to drive costs down and become the world''s lowest-cost exporter of iron ore to China, a mantle the miner was trying to snatch from Rio, Mr Mackenzie ...
2012-11-2 · DeutscheBank Markets Research Rating Buy Australasia Australia M&M DiversifiedResources Company BHP Billiton Ltd Date 31 October 2012 Company Update Investor briefing moreiron ore, less met coal Reuters Bloomberg Exchange Ticker BHP.AX BHP
2021-7-20 · With iron ore prices reaching their highest position in history, BHP produced a record 252 million tonnes at WAIO in the 2021 financial year. This marked a 1 per cent increase from the previous year, while total iron ore production for the company increased to 253.5 million tonnes. BHP reached first production on budget and ahead of schedule at ...
2018-7-18 · BHP Billiton LimitedBHP clocked an increase of 8% in annual production in fiscal 2018 and record output at Western Australia Iron Ore, Queensland Coal, and Spence copper mine in Chile.. Iron ore ...
2020-4-8 · BHP Billiton President Iron Ore Jimmy Wilson outlined BHP Billiton''s view of the long-term supply and demand trends in the iron ore market. He announced plans to cut unit costs at Western Australia Iron Ore (WAIO) by at least 25% and the potential to increase capacity there by 65 million metric tons per year (mt/y) at a very low capital cost.
2014-10-6 · October 6, 2014, 8:32 AM. Mining giant BHP Billiton said Monday it planned to cut costs and lift production at its Western Australian iron ore operations as it aims to be the lowest cost supplier to China. Iron ore prices have fallen sharply this year amid increased production, but BHP iron ore president Jimmy Wilson said the firm wanted to ...
2021-7-21 · BHP Billiton to Cut down Cost of Iron Ore, Copper & Coal Business Australian 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.
2020-12-22 · Report summary. Average seaborne cash costs in 2020 fell to US$29/tonne, compared to US$31/tonne in 2019 and global C1 operating costs were 9% lower than last year. The lower costs were a direct result of plummeting fuel prices in the first half of the year and lower exchange rates which were enough to offset additional costs associated with ...
2014-10-5 · BHP Billiton (NYSE: BBL - news) plans to cut its iron ore production costs by 25 percent and possibly increase capacity by 65 million tonnes a year despite a slump in iron ore prices, the top global miner said on Monday. "We continue to see healthy demand growth for iron ore in the mid-term as Chinese steel production is expected to increase by approximately 25 …
2014-2-4 · costs. INTRODUCTION The BHP Billiton Iron Ore Yandi Mine, established in 1991, is located approximately 260 km South of Port Hedland in the Pilbara region of Western Australia. Production of the high grade pisolitic iron ore has expanded rapidly from 5 Mt in its first year to a current annual rate of over 30 Mt.
2015-3-10 · Iron ore cost curve set to flatten, BHP Billiton says. BHP Billiton is expecting the cost curve of iron ore to flatten as low-cost seaborne supply replaces high-cost materials. "Iron ore prices are likely to remain subdued over the short to medium term as low-cost supply continues to rise," Jimmy Wilson, the miner''s president for iron ore ...
2014-10-6 · BHP Billiton aims to cut its iron ore production costs by more than 25 percent and squeeze more tons from its mines as it aims to overtake rival Rio Tinto as …
2015-5-12 · BHP cuts production costs in response to metal price dive. BHP Billiton, the world''s largest mining company, said on Tuesday it would slash its iron ore production cost …
2015-2-4 · Iron Ore Production Costs Rio Tinto has the lowest production costs of all three whereas BHP''s cash production costs are the highest. Looking at the costs delivered to China, the picture changes.
2016-8-18 · Iron ore makes up 34% of BHP Billiton''s revenues and 45% of its EBITDA (earnings before interest, tax, depreciation, and amortization). So it''s important to look at its iron ore costs…
2019-4-7 · Global Iron Ore Cost Curve. This report provides a breakdown of mining cash costs per tonne for individual iron ore operations, company production and country production. Timetric''s analysis covers 70 iron ore operations accounting for over 1,300Mt of iron ore production globally, the majority of which is export production.
2012-11-2 · BHP_BILLITON_LTD (BHP.AX)-2012-11-02. 5248 44 40 36 32 DeutscheBank Markets Research Rating Buy Australasia Australia Company BHP Billiton Ltd Date 31 October 2012 Company Update M&M DiversifiedResources Reuters Bloomberg Exchange Ticker Price 30Oct 2012 Price target 12mth52 week range (AUD) 33.97 42.70 38.33 30.18BHP.AX BHP AU ASX BHP …
2014-10-6 · Mining giant BHP Billiton said Monday it planned to cut costs and lift production at its Western Australian iron ore operations as it aims to be the lowest cost supplier to China. Iron ore prices have fallen sharply this year amid increased production, but BHP iron ore president Jimmy Wilson said the firm wanted to lift capacity in Western ...
2020-5-19 · BHP Billiton: Iron Ore for China(c) In 2003, China became the world''s largest importer of iron ore. Between 2004 and 2005, China''s steel production increased from by 26% from 270 to 340 million metric tons, or about one-third of world production. Fueled by rapid economic growth, production was projected to increase by a further 9% to 370
2014-10-6 · BHP Billiton continued to see healthy demand growth for iron ore in the mid-term as Chinese steel production is expected to rise by about 25 percent in the early to mid-2020s, he added. "Meanwhile, steel production growth in other emerging economies is outpacing China as those nations urbanise and industrialise," he said.
BHP Billiton and Iron Ore Unit Costs: A Peer Comparison
2014-10-5 · Mining giant BHP Billiton is planning to cut capital costs of iron ore production by 25% and to expand production by 65 million tonnes (Mt) a year at its Western Australia Iron Ore (WAIO) operations. The increased production and low capital costs will allow the company to overtake rival Rio Tinto as the lowest cost producer of iron ore globally.