BHP Group reports rebound in iron ore output
World’s biggest miner forecasts modest production growth in 2019/2020 amid a surge in prices
17 July 2019 - 07:48
Melbourne — BHP Group, the world’s biggest miner, reported a rebound in iron ore output in the fourth quarter after a cyclone hit production in March, and forecast modest output growth in 2019/2020 amid a surge in prices.
BHP met its revised target for iron ore production, but flagged $1bn (R14bn) in productivity losses for fiscal 2019 in its quarterly production report, flowing from disruptions to operations across its commodities...
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