On 5 June 2009, BHP Billiton and Rio Tinto signed an agreement of core principles to establish a production joint venture covering the entirety of both companies' Western Australian iron ore assets. The companies today signed binding agreements on the proposed JV that cover all aspects of how the joint venture will operate and be governed.
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BHP |Operational review for the nine months ended 31 March 2024 3 Iron ore Production 190 Mt 1% YTD Mar FY23 192 Mt FY24e 254 – 264.5 Mt Average realised price US$104.53/wmt 3% HY24 US$103.70/wmt Total iron ore production decreased by 1% to 190 Mt. Production guidance for FY24 remains unchanged at between 254 and 264.5 Mt.
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Operationally, BHP has had a solid first half. WA Iron Ore production was up 5% quarter-on-quarter, while first half copper production rose 7% reflecting a record half at Spence …
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BHP |Operational review for the half year ended 31 December 2023 4 Iron ore Production 129 Mt 2% HY23 132 Mt FY24e 254 – 264.5 Mt Average realised price US$103.70/wmt 21% HY23US$85.46/wmt Total iron ore production decreased by 2% to 129 Mt. Guidance for FY24 remains unchanged at between 254 and 264.5 Mt. WAIO126 Mt 3% | 142 Mt …
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BHP Billiton looks to cut production cost of iron ore. BHP Billiton has announced plans to extend cuts in capital spending and operating costs following the demerger of South32 in a bid to make itself a lowest-cost iron ore mining company. ... We expect to cut unit costs at Western Australia Iron Ore by 21% to $16 per tonne during …
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Mining giant BHP Billiton said it planned to cut costs and lift production at its Western Australian iron ore operations.
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BHP also said it would reduce iron ore unit costs at its Western Australia operations. "The potential benefits are substantial. We expect to cut unit costs at Western Australia Iron Ore by 21% to $16 per ton during the 2016 financial year," said Mackenzie. BHP's adversary (or partner-in-crime), Rio Tinto, is expected to lower their cost per ...
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BHP Billiton, the world's biggest mining company, has cut production guidance for its most important commodity after problems with the giant machines used …
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SYDNEY: 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...
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The cost of unifying BHP's corporate structure has significantly reduced due to a number of changes in recent years. We expect the cost of unifying BHP's corporate structure to be between $350 million to $450 million.
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BHP Billiton Iron Ore – Western Australia Mining Operations Iron Ore Phil Price – Vice President Integrated Planning . Page 2 17 July 2006 Visitors Safety Induction – Office Area 1. In an emergency - a siren will sound ... Integrated Production Process – Creating the Perfect Blend Fe % 50% 55% 60% 65% 70% 75% MINE RAIL PORT. Page 9 17 ...
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BHP's Australian iron ore exports failed to match last year's output for the third consecutive quarter, extending a trend of weak supply from the world's biggest …
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BHP expects to achieve its cost guidance for the 2021 financial year at the Western Australia Iron Ore and Queensland Coal operations after breaking production …
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Western Australia Iron Ore (WAIO) is an 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 Australia. ... Queensland Coal includes our metallurgical coal assets which consists of open-cut and underground mines the ...
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Broken Hill Proprietary's rich history began in a silver, lead and zinc mine in Broken Hill, Australia. Incorporated in 1885, BHP engaged in the discovery, development, production and marketing of iron ore, copper, oil and gas, diamonds, silver, lead, zinc and a range of other natural resources.
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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 …
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ndida Water Supply Expansion project was completed in December 2019, on schedule and budget, further increasing total desalinated water capacity to 3,800 litres per second. ndida has invested more than US$4 billion in desalinated water since 2006. This project enabled us to eliminate the extraction of groundwater for operational supply …
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BHP's earnings per share 2009-2023; India: exports of iron ore; Iron ore import volume in the U.S. 2010-2021; Value of iron ore imports to the U.S. 2010-2021
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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 ...
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BHP Billiton has announced plans to cut capital spending and operating costs for iron ore, following the company's demerger of South 32. The strategy aims to …
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BHP Billiton President Iron Ore Jimmy Wilson and BHP Billiton President HSE, Marketing and Technology Mike Henry were joined by joint venture participants ITOCHU Corporation (ITOCHU) and Mitsui & Co., Ltd (Mitsui) to mark the milestone in front of the Saiko bound for Japan. ... the iron ore we exported came back to Australia as high-quality ...
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BHP Billiton, the world's biggest mining company, has cut production guidance for its most important commodity after problems with the giant machines used to pick up and empty rail cars loaded ...
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CITIC Pacific Mining's Sino Iron project in Western Australia is ramping up production and expects to export more than 10 million tonnes this year, its chairman said on Tuesday, adding the goal ...
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Outer Harbour development enables BHP Billiton to deliver growth to meet increased demand BHP Billiton's Western Australia Iron Ore (WAIO) production profile (mtpa, ) Scale the Outer Harbour 450 500 ~450 2 Fully utilise allocated Inner Harbour capacity (approved 220mtpa + debottlenecking to 240mtpa) Growth mines (Jinidi, South …
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The ramp up of the US$3.6 billion South Flank iron ore mine in Western Australia is ahead of schedule and we have revised our medium-term production guidance to more than …
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China's industrialisation stimulated a massive increase in global iron ore production (seaborne and domestic), more than doubling from 950 million tonnes per annum (Mtpa) in 2000 to 2200 Mtpa in 2014. ... and the price of, iron ore. BHP Billiton and its shareholders have benefitted. We have also created thousands of employment opportunities ...
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Newman Operations is a part of Western Australia Iron Ore (WAIO) and consists of two mining sites in the Pilbara region of Western Australia. ... Comprising of Newman East and Newman West, Newman Operations accounts for about 78 million tonnes in total iron ore production. Newman Operations is part of an 85:15 joint venture between BHP, and ...
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Disclaimer 3 October 2022 Western Australia Iron Ore site tour 2 Forward-looking statements This presentation contains forward-looking statements, including: statements regarding our strategy, our values and how we define success; our expectations of a competitive advantage for our business or certain products; our commitment to …
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BHP Billiton has thumbed its nose at political pressure to cut iron ore production and lifted its guidance for this year. In its quarterly outlook BHP has lifted its production target by 5 million ...
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The consideration includes a share of capital costs associated with the Jimblebar Mine Expansion project incurred to date. ... ITOCHU and Mitsui collectively hold a 15 per cent interest in BHP Billiton's Western Australia Iron Ore current mine, rail and port infrastructure. ... The new Jimblebar mine will have initial production capacity of ...
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BHP Billiton President Iron Ore, Jimmy Wilson, today announced plans to cut unit costs at Western Australia Iron Ore (WAIO) by at least 25 per cent and the potential to increase capacity there by 65 million tonnes per year at a very low capital cost. ... "Meanwhile, steel production growth in other emerging economies is outpacing China as ...
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The collaboration provides a platform to develop and potentially invest in a pilot facility and aims to demonstrate that production of molten iron from Pilbara ores is feasible using renewable power when combined with Direct Reduced Iron (DRI) process technology. ... Incoming BHP Western Australia Iron Ore (WAIO) Asset President, Tim …
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• Western Australia Iron Ore (WAIO) achieved record production of 146 Mt ( basis) for the half year. • Production guidance for the 2023 financial year remains unchanged, with ndida and BHP Mitsubishi Alliance (BMA) trending to the low end of their respective guidance ranges.
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