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BHP Group, the world's biggest miner, joined rival Rio Tinto on Wednesday in cutting its forecast for iron ore output after a tropical cyclone, although analysts expect high prices to limit any impact on profits. Cyclone Veronica tore down the coast of Western Australia in March, hitting several iron ore export hubs, in a return of more turbulent weather conditions after several moderate years.

BHP expects full year iron ore output near upper end of

13 hours ago April 21 (Reuters) - BHP Group Ltd BHP.AX, BHP.L on Wednesday reported a near 2% dip in third-quarter iron ore production, but said full-year …

BHP raises copper output forecast; sees iron ore volumes

5 hours ago Mining company BHP raised its copper output guidance and maintained its iron ore output target with volumes expected to be in the upper half of the target range. Annual copper production was lifted to a range of 1,535 kt to 1660 kt, from 1,510 to 1,645 kt previously. Iron ore production …

BHP (ASX BHP) notches 9 month high in iron ore output

11 hours ago The company’s projections suggest BHP will meet its iron ore output guidance of 276 to 286 million tonnes. While Brazilian competitors are experiencing production setbacks, causing …

BHP Group PLC upbeat on iron ore output, but cuts full

4 hours ago BHP Group PLC (LON:BHP, ASX:BHP) said total iron ore production grew 4% to 188 million tonnes (Mt) in the nine months to end March 2021, helped by record output at Western Australia Iron Ore (WAIO ...

BHP sees full year iron ore output near upper end of

11 hours ago BHP Group Ltd (BHP.AX), said on Wednesday it expects annual iron ore production at the upper end of its forecast, although bad weather and …

BHP iron ore shipments soften in March quarter, but

12 hours ago The company shipped 68.5 million tonnes in the same period in 2020, and 70.8 million tonnes in the three months to the end of December. BHP released its quarterly production report as the iron ore ...

BHP Jan Mar iron ore output down 5%, annual target stays

BHP’s iron ore production over January-March fell 5% on year or down 2% on quarter to 66.7 million wet tonnes (a 100% basis), but the miner still expected to reach the upper range of its iron ore production guidance for the FY21 (July 2020-June 2021) at 276-286 million wet tonnes, according to its latest quarterly report released on April 21.

BHP posts 7% rise in iron ore output, flags lower

BHP said, however, that December quarter iron ore production will be affected by work linking its Mining Area C and South Flank projects in Western Australia. Its full-year forecast of 276 milllion – 286 million tonnes was kept unchanged. BHP's projects are on track, and the company is securing growth options in copper and nickel.

BHP iron ore to lift as Brazil disaster mine restarts

Jan 20, 2021 The resumption of production at a mine that caused an environmental and human tragedy five years ago has boosted BHP’s full-year iron ore forecast. Rebecca Le May NCA NewsWire January 20, 2021 3 ...

BHP joins Rio in iron ore output cut, eases oversupplied

Mining giant BHP Billiton (BHP.AX) (BLT.L) followed rival Rio Tinto (RIO.AX) (RIO.L) in trimming its iron ore output guidance on Wednesday, helping to ease pressure on an oversupplied market. The world's no. 3 producer cut its Western Australia iron ore production for the year to June 30, 2016 by 10 million tonnes to 260 million tonnes, blaming a cyclone that ripped through the Pilbara iron ...

BHP holds iron ore output outlook despite virus risks

BHP Group on Tuesday reported a 6.3% rise in third-quarter iron ore production that slightly missed analyst estimates, and maintained its iron ore forecast despite global economic disruption caused by the coronavirus outbreak. The world's largest listed miner warned, however, that global steel production excluding China could drop sharply this year in light of the pandemic, and that capital ...

BHP expects full year iron ore output near upper end of

13 hours ago April 21 (Reuters) - BHP Group Ltd BHP.AX, BHP.L on Wednesday reported a near 2% dip in third-quarter iron ore production, but said full-year …

BHP Group PLC upbeat on iron ore output, but cuts full

5 hours ago BHP Group PLC (LON:BHP, ASX:BHP) said total iron ore production grew 4% to 188 million tonnes (Mt) in the nine months to end March 2021, helped by record output at Western Australia Iron Ore (WAIO ...

BHP (ASX BHP) notches 9 month high in iron ore output

11 hours ago The company’s projections suggest BHP will meet its iron ore output guidance of 276 to 286 million tonnes. While Brazilian competitors are experiencing production setbacks, causing …

BHP Jan Mar iron ore output down 5%, annual target stays

BHP’s iron ore production over January-March fell 5% on year or down 2% on quarter to 66.7 million wet tonnes (a 100% basis), but the miner still expected to reach the upper range of its iron ore production guidance for the FY21 (July 2020-June 2021) at 276-286 million wet tonnes, according to its latest quarterly report released on April 21.

BHP cuts iron ore production guidance after cyclone hit

Apr 17, 2019 The BHP downgrade on Wednesday came a day after Rio Tinto cut its iron ore production guidance to 333-343 million tonnes, down from earlier guidance of between 338 million and 350 million tonnes.

BHP iron ore to lift as Brazil disaster mine restarts

Jan 20, 2021 The resumption of production at a mine that caused an environmental and human tragedy five years ago has boosted BHP’s full-year iron ore forecast. Rebecca Le May NCA NewsWire January 20, 2021 3 ...

BHP cuts 2019 iron ore production forecast following

BHP Group, the world’s biggest miner, has cut its 2019 forecast for iron production on the impact of Cyclone Veronica last month. The Anglo-Australian company on Wednesday reduced its production ...

BHP joins Rio in iron ore output cut, eases oversupplied

Mining giant BHP Billiton (BHP.AX) (BLT.L) followed rival Rio Tinto (RIO.AX) (RIO.L) in trimming its iron ore output guidance on Wednesday, helping to ease pressure on an oversupplied market. The world's no. 3 producer cut its Western Australia iron ore production for the year to June 30, 2016 by 10 million tonnes to 260 million tonnes, blaming a cyclone that ripped through the Pilbara iron ...

BHP holds iron ore output outlook despite virus risks

BHP Group on Tuesday reported a 6.3% rise in third-quarter iron ore production that slightly missed analyst estimates, and maintained its iron ore forecast despite global economic disruption caused by the coronavirus outbreak. The world's largest listed miner warned, however, that global steel production excluding China could drop sharply this year in light of the pandemic, and that capital ...

BHP's economic and commodity outlook (FY20 full year) BHP

Chinese domestic iron ore concentrate production started the year at a low ebb under COVID–19, with the run–rate dropping from 211 Mtpa in December 2019 to just 187 Mtpa in February 2020. It has since recovered to 222 Mtpa in the month of July, slightly above the previous levels reached under “surge” conditions induced by attractive prices.

BHP lifts copper guidance, iron ore output falls MarketWatch

7 hours ago SYDNEY--BHP Group Ltd. said it will likely produce more copper than expected this fiscal year but less coal, as it reported a 4% fall in third-quarter iron-ore output because of bad weather and ...

BHP sees full year iron ore output near upper end of forecast

11 hours ago BHP said in January that third-quarter production would be impacted by planned ore handling maintenance and tie-in activity between Mining Area C and the South Flank project. Output from Western Australia on a 100% basis in the three months ended March came in at 66.7 Mt, down from 68 Mt a year earlier.

BHP expects full year iron ore output near upper end of

13 hours ago April 21 (Reuters) - BHP Group Ltd BHP.AX, BHP.L on Wednesday reported a near 2% dip in third-quarter iron ore production, but said full-year …

BHP sees full year iron ore output near upper end of forecast

BHP Group Ltd said on Wednesday it expects annual iron ore production at the upper end of its forecast, although bad weather and planned maintenance at its operations in Western Australia sent third-quarter output nearly 2% lower. Supply constraints from Brazil have also supported prices, benefiting major iron ore miners such as BHP, Rio Tinto and Fortescue Metals Group Ltd.

BHP Group PLC upbeat on iron ore output, but cuts full

5 hours ago BHP Group PLC (LON:BHP, ASX:BHP) said total iron ore production grew 4% to 188 million tonnes (Mt) in the nine months to end March 2021, helped by record output at Western Australia Iron Ore (WAIO ...

BHP on track to beat iron ore target as price surges again

14 hours ago Despite being well placed to beat the target, BHP retained its forecast for iron ore production of between 276 million and 286 million tonnes in the year to June 30.

BHP (ASX BHP) notches 9 month high in iron ore output

11 hours ago The company’s projections suggest BHP will meet its iron ore output guidance of 276 to 286 million tonnes. While Brazilian competitors are experiencing production setbacks, causing …

BHP sees full year iron ore output near upper end of

11 hours ago BHP Group Ltd (BHP.AX), said on Wednesday it expects annual iron ore production at the upper end of its forecast, although bad weather and …

BHP iron ore shipments soften in March quarter, but

13 hours ago The company shipped 68.5 million tonnes in the same period in 2020, and 70.8 million tonnes in the three months to the end of December. BHP released its quarterly production report as the iron ore ...

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