BHP Billiton Ships One Billion Tonnes of Iron Ore to China
The rate of this growth, and the demand for iron ore, has been unprecedented. "It took nearly 30 years for BHP Billiton to ship 100 million tonnes of iron ore to China and then only 12 more years to reach the one billion tonne milestone.". Also speaking at the celebration event, Mr Henry acknowledged China's extraordinary development over ...
BHP Billiton Iron Ore – Western Australia
• Cost-efficient incremental expansions completed and underway, in line with market demand ... Iron Ore Strong Production Performance ( Terms) 0 20 40 60 80 100 ... BHP Billiton Iron Ore Products – YEJ 2005 Goldsworthy High 64.3 …
BHP cuts production costs in response to metal price dive
VIDEO 04:51. Why BHP Billiton's spin-off move makes sense. The Anglo-Australian mining company said also it expected to reduce iron ore unit costs at its …
Pathways to decarbonisation episode two: steelmaking technology
Similar to scrap, there is simply not enough high quality iron ore suitable for efficient DRI/EAF production to meet the global steel demand. With impurities such as silica, alumina and phosphorus strongly impacting the efficiency and competitiveness of the EAF process, DRI production must use the very highest quality iron ore, with an …
Financial results and operational reviews | BHP
2024 half year results. In the last half BHP again delivered for our shareholders and communities with strong operational performance and disciplined cost management enabling us to announce a dividend of 72 US cents per share along with 5 billion US dollars in taxes and royalties.
BHP iron ore production 2023 | Statista
BHP produced approximately 257.04 million metric tons of iron ore in the financial year ending June 30, 2023. The iron ore production increased in 2023 compared to the previous year,...
BHP Billiton and Rio Tinto sign binding agreements on Iron Ore
The production joint venture encompasses all current and future Western Australian iron ore assets and liabilities and will be owned 50:50 by BHP Billiton and Rio Tinto. It will deliver substantial synergies resulting from combining the companies' Western Australian iron ore operations, with the aim of producing more iron ore at lower cost.
BHP OPERATIONAL REVIEW FOR THE HALF YEAR …
Iron ore (Mt) 132.0 2% 66.9 3% Record production at WAIO in the month of December 2022 due to strong supply chain performance and reduced impacts of labour constraints and wet weather. Metallurgical coal (Mt) High13.6 5% 7.0 4% er volumes due to improved strip ratios and the planned longwall move at
Annual Report 2020 | BHP
We achieved an Attributable profit of US$8.0 billion, broadly in line with the prior year. Our operations generated robust free cash flow of US$8.1 billion, we invested US$7.6 billion in our assets, and our balance sheet remained strong, with net debt finishing at the low end of our target range. On average, we lowered our unit production costs ...
A Comparison Of The Major Iron Ore Miners
1.5K Follower s. Summary. BHP, Rio Tinto and Vale are the world's largest iron ore miners. All three have been hit by last year's iron ore price slide, but there are signs that a bottom...
BHP Billiton Iron Ore
Jimmy Wilson, President Iron Ore, 15 October 2013 Source: Macquarie Research, October 2013. Cost curve expected to flatten over time as new supply is predominantly low cost •BHP Billiton will retain a favourable position on the cost curve •Our competitive position is underpinned by the quality of our resource BHP Billiton WAIO
BHP costs on target as iron ore output peaks
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 …
BHP Billiton Outlines Plan to Cut Costs on Iron Ore
BHP, the world's largest mining company but the No. 3 iron ore producer behind Vale and Rio Tinto, outlined the cost-cutting and expansion plan, although iron ore prices have slumped 42 percent ...
BHP aims to slash iron ore costs to become cheapest supplier
BHP Billiton aims to cut its iron ore production costs by more than 25 percent and squeeze more tonnes from its mines as it aims to overtake rival Rio Tinto as the world's cheapest producer, the ...
BOODARIE IRON
Boodarie Iron, owned by BHP Billiton, is located about 20 kilometres south of the town of Port Hedland in north west Western Australia. Construction of the Boodarie Iron plant commenced in 1996 and was completed in 1999. More than 77 per cent of the construction expenditure was spent in Australia, with around 70 per cent spent in Western Australia.
BHP Billiton Iron Ore
Iron Ore 30/06/2003 BHP Billiton Iron Ore's Joint Ventures • Mt. Newman JV (≈35Mwmt/a) – 85 per cent BHP Billiton Minerals Pty. Ltd. – 10 per cent Mitsui - Itochu Iron Pty. Ltd. – 5 per cent CI Minerals Australia Pty. Ltd. • Note : Jimblebar is owned by BHP Billiton Minerals Pty Ltd • Mt. Goldsworthy Mining Associates JV ...
Iron ore fundamentals | BHP
Between 1980 and 2005, the price of iron ore leaving Port Hedland (in 2015 dollar terms, what we call 'real Free on board Pilbara') averaged US$30 per dry metric tonne (dmt). For the 10-year period from 2005 to 2015, the price of iron ore averaged US$96 per dmt. And driven by the Chinese industrialisation, we even saw once-in-a-generation ...
New | BHP plans to slash iron ore production costs
BHP Billiton aims to cut its iron ore production costs by more than 25 per cent and squeeze more tonnes from its mines as it aims to overtake rival Rio Tinto as the …
BHP's economic and commodity outlook (FY21 half year) | BHP
Copper. Copper prices ranged from $6017/t to $7964/t ($2.73/lb to $3.61/lb) over the first half of the 2021 financial year, averaging $6840/t ($3.10/lb). 26 The average was around +24 per cent higher than in the prior half and +17 per cent versus the equivalent half of financial year 2020.
New | BHP plans to slash iron ore production costs
BHP Billiton aims to cut its iron ore production costs by more than 25 per cent and squeeze more tonnes from its mines as it aims to overtake rival Rio Tinto as the world's cheapest producer ...
BHP OPERATIONAL REVIEW FOR THE HALF YEAR ENDED …
BHP OPERATIONAL REVIEW FOR THE HALF YEAR ENDED 31 DECEMBER 2022. We remained fatality free at our operated assets for the fourth consecutive year and …
BHP Billiton Extends Western Australia Iron Ore Joint …
BHP Billiton President Iron Ore, Jimmy Wilson, said: "We are pleased to extend our successful, long standing joint venture relationship with ITOCHU and Mitsui. The new Jimblebar mine will have initial production capacity of 35 million tonnes per annum (100 per cent basis) with future expansion potential.
BHP Billiton Settles Iron Ore Prices
BHP Billiton today announced it had reached agreement with a number of its steel customers on prices for contracted iron ore tonnage for the 2005 contract year. The agreed prices are as follows: - Mt Newman High Grade Fines 61.72 US cents per dry metric tonne unit; an increase of 71.5 per cent. - Prices for Mt Newman High Grade Lump, Pisolite ...
Operational review for the half year ended 31 December …
Unit cost guidance Executive Leadership Team update WAIO, ndida and Spence are expected to be within their respective unit cost guidance ranges at FY24, with BMA unit cost guidance for FY24 increasing to between US$110/t and US$116/t as a result of the lowered production guidance. In December,we announced a number of changes to our
BHP maintains FY guidance as Q1 iron ore production jumps 7%
BHP, like its rivals, is working it mines harder to drive down costs and improve efficiencies as demand for its ore softens in the key China market. Iron ore prices are down sharply from a high of ...
Global iron ore cost summary Report | Wood Mackenzie
BHP Billiton. Fortescue. Operating costs. Capital costs. Tables and charts. This report includes 24 images and tables including: 2020 Global total cash cost …
Our operations | BHP
The operations involve a complex integrated system of four processing hubs and five mines, connected by more than 1,000 kilometres of rail infrastructure and port facilities in the Pilbara region of northern Western …
Western Australia Iron Ore
Slide 10,23,30: 2021 Carbon Intensity for Seaborne Iron Ore is detailed on slide 25. Slide 10: Nature positive is defined by the WBCSD / TNFD as "A high-level goal and concept describing a future state of nature (e.g., biodiversity, ecosystem services and natural capital) which is greater than the current state.".
BHP Billiton: Soaring Iron Ore Prices To Bolster Financial …
Article. BHP Billiton: Soaring Iron Ore Prices To Bolster Financial Performance. Mining / Global / Mon 10 May, 2021. Key View. BHP Billiton will benefit …
BHP Billiton To Increase Capacity At Western Australian Iron Ore
Western Australian Iron Ore Operations (110.65 KB) Number 40/05. BHP Billiton today announced approval for the Rapid Growth Project 3 (RGP3) which will increase capacity at its Area C iron ore mine in Western Australia by 20 million tonnes per annum (Mtpa) to 42Mtpa. Work on the project will commence immediately, with initial production ...