We expect the demand–supply balance to remain relatively tight in both iron ore and copper. The balance of risks for oil prices are tilted modestly upwards. ... it has become a major swing factor in short term forecasts of global growth. ... With other sources of supply running essentially flat out already (record output from BHP and FMG ...
The changing nature of China's commodity demand is neatly encapsulated by the latest results of BHP Group, the world's biggest mining company and a major supplier to the top global buyer of iron ...
"The world will need more copper and nickel for electrification, renewable power and electric vehicles, iron ore and high-quality metallurgical coal to produce the steel for infrastructure, including that required for decarbonisation, and the potash required for sustainable global food production.
BHP's South Flank project, which achieved first production in May 2021, will raise the average iron ore grade of our overall portfolio by around 1 percentage point, in …
BHP estimated iron-ore output in the year ahead would be 2% above or below fiscal 2024 production. It has also been lifting its copper output, aided by last year's $6 billion takeover of Oz Minerals.
Global mining giant BHP said on Wednesday streamlining efforts at its iron ore operations in Australia helped it book record production for the steelmaking ingredient in its year to end June, when its copper output also climbed to a 15-year high.
BHP reported production of 61.5M metric tons of iron ore in the quarter, down 7% Q/Q but up 3% Y/Y, while keeping guidance for FY 2024 iron ore output of 254M-264.5M tons, while copper output ...
BHP Group Ltd on Tuesday reported full-year iron ore production near the top end of its forecast range, thanks to record production at two mines in Western Australia.
BHP Group (BHP) records iron ore production of 191Mt for the first nine-month period of fiscal 2024. This puts the miner on track to attain its targeted output of 254-264.5 Mt for fiscal 2024.
BHP has announced the discovery of what could be a large new copper porphyry in the USA, while its iron ore shipments hit a March YTD record.
SYDNEY, Oct 21 (Reuters) - BHP Billiton declared force majeure at the world's No. 4 copper mine and reported near flat quarterly output of iron ore on Wednesday, placing it deeper in the shadow of ...
B HP (NYSE:BHP) reported lower quarterly iron ore production from the previous year Wednesday and said it is evaluating options for its nickel operations amid a sharp drop in prices for the metal.
BHP Group on Tuesday logged first-half underlying profit that slightly beat analyst expectations, buoyed by strong iron ore prices, and said inflationary impacts were receding.
MELBOURNE, Jan 20 (Reuters) - BHP Billiton flagged on Wednesday that it sees no recovery in iron ore or coal prices in the next few years, while holding out hope for a rebound in copper and oil as ...
BHP Group BHP announced that its iron ore production rose 3% year over year to 61.5 Mt in the third quarter of fiscal 2024 (ended Mar 31, 2024).
BHP Group Ltd on Tuesday reported full-year iron ore production near the top end of its forecast range, thanks to record production at two mines in Western …
This story features BHP GROUP LIMITED. For more info SHARE ANALYSIS: BHP. By Mark Gardner, CEO, Head of Equities, MPC Markets. Over the last decade, BHP Group has been planning for a future beyond iron ore, and that future is rapidly unfolding, driven by the things we will need most: energy and food.
BHP expects fiscal 2024 output for Western Australia iron ore between 282 Mt and 294 Mt.
BHP's South Flank project, which achieved first production in May 2021, will raise the average iron ore grade of our overall portfolio by around 1%, in addition to increasing …
Mining giant BHP Group said it produced more iron ore and copper over the past year thanks to new and acquired mines in Australia, but that it dug up less steelmaking coal amid unexpectedly heavy ...
"We remain on track to meet copper, iron ore and energy coal production for the year. Copper volumes have increased by 10 per cent reflecting strong …
BHP estimated iron-ore output in the year ahead would be 2% above or below fiscal 2024 production. It has also been lifting its copper output, aided by last year's $6 billion takeover of Oz Minerals.
improved our platform for growth through the Jansen potash project, iron ore and copper. We are pursuing options to deliver greater value for shareholders by growing the business and our exposure to future-
BHP is a global diversified miner mainly supplying iron ore and copper. The merger of BHP Limited and Billiton PLC created the present-day BHP Group.
We have continued to focus our portfolio on iron ore and higher-quality metallurgical coal preferred by our steelmaking customers, copper which is used in electrification, nickel which is used in electric cars, and potash to make food production and land use more efficient and more sustainable. ... Growth through exploration, focused on copper ...
BHP recognises the significance of Chinese demand for iron ore for steelmaking and highlighted the determining role that Chinese stimulus packages had in influencing demand for essential steel production materials like iron ore and coking coal.
For the three months to Dec. 31, BHP produced 66.9 million tons of iron ore, more than analysts' median estimate of 64.2 million tons. Metallurgical coal production …
BHP at a glance BHP is a world-leading resources company. We work in more than 90 locations worldwide and our products are sold globally. We've positioned our business to support the megatrends shaping our world. Iron ore and metallurgical coal for the steel needed for global infrastructure and the energy transition. Copper for renewable energy.
BHP expects copper production within 1,635-1,825 kt, Production guidance for Metallurgical coal is 29-32 Mt, while for energy coal is 13-15 Mt. Nickel production is …
The world's No. 1 miner by market value forecast steady iron-ore production for the year ahead, and said it should again produce more copper and less coal.