‘Solid first half’ for BHP despite weaker outlook for metallurgical coal
But its metallurgical coal business in Australia had a tough six months after significant planned maintenance and low starting inventories
18 January 2024 - 18:28
Australia-headquartered miner BHP has reported mixed production results for the half year ended December 2023, with its copper, energy coal and nickel businesses showing strong performance while metallurgical coal production fell sharply.
The group, which has a primary listing in the Australian Stock Exchange (ASX) and a secondary listing on the JSE, noted a 36% jump in energy coal production for the six-month period, copper and nickel production were up 7% and 4%, respectively, compared with the same period last year...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.