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BHP Billiton boss rejects WA premier''s claims of ''flawed ...

 · BHP Billiton''s chief executive ... increase our iron ore production through productivity and getting more out of the existing infrastructure. ... producing it would result in very high costs on ...

BHP Billiton (BHP) Lowers Iron-Ore Production View for FY18

 · BHP Billiton (BHP) trims iron-ore output guidance for fiscal 2018. Northward movement in the price of this major steel-making product is expected to drive the company''s performance.

BHP Billiton Outlines Plan to Slash Costs, Lift Output ...

 · BHP Billiton Ltd. will aim to reduce its costs by at least a quarter and expects it can increase the capacity of its Western Australia iron-ore operations by nearly 30% at "a very low capital ...

BHP Billiton Submission to the Productivity Commission''s ...

2.1 FMG''s applications for declaration of BHP Billiton''s Pilbara iron ore railways FMG''s first application for declaration of BHP Billiton''s Pilbara iron ore railways was made in June 2004. Further applications for declarations of BHP Billiton''s Goldsworthy railway and Rio Tinto''s Pilbara iron ore railways were made in late 2007 and early 2008 ...

BHP Billiton aims to cut Australia iron ore costs, lift ...

 · 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 be the lowest cost supplier to China. Iron ore prices have fallen sharply this year amid increased production, but BHP iron ore president Jimmy Wilson said the firm wanted to lift capacity in Western ...

BHP Billiton and Iron Ore Unit Costs: A Peer Comparison

 · BHP''s iron ore asset WAIO (Western Australia Iron Ore) contributes more than 90.0% of the company''s total iron ore production. Production …

BHP Billiton to squeeze more iron volume at lower cost ...

 · BHP Billiton (NYSE: BBL - news), the world''s largest diversified miner, said it aimed to squeeze more tonnage from its iron mines at less expense per tonne as it aims to overtake rival Rio Tinto (Xetra: 855018 - news) as the world''s lowest-cost producer. "We will continue to squeeze the lemon because at the end of the day it''s just so value accretive," Jimmy Wilson, the head of BHP''s iron ore ...

BHP Billiton boosts Australian iron ore production

 · BHP Billiton Wednesday reported a rise in September quarter iron ore production as the mining giant vowed to continue reducing costs amid depressed prices from a global supply glut. The world''s biggest miner reported a 17 percent increase in iron ore production to 57.1 million tonnes in the three months to September compared to the previous year.

How Much Lower Can BHP Billiton Push Its Costs in Iron Ore?

 · Cost-cutting in iron ore BHP''s total iron ore production increased by 2% in fiscal 2016 to a record 227 million tons. More than 90% of BHP''s iron ore comes from WAIO (Western Australia iron ore).

BHP Billiton to cut costs of Australian iron ore ...

 · BHP Billiton has raised the stakes in the ongoing war of attrition in global iron ore with a plan to slash costs and lift production. The world''s biggest miner is going head to head with arch ...

BHP Q2 Iron Ore Production Rises; Lifts FY Iron Ore ...

 · Jan. 19, 2021, 09:08 PM. (RTTNews) - BHP (BHP.AX, BLT.L, BBL, BHP) reported that its second-quarter total iron ore production increased by 3.2 …

BHP Billiton says it will cut iron ore costs by 25 per cent

 · BHP Billiton says it will cut costs at its iron ore mines by 25 per cent but insisted the recent price falls did not change its view about healthy long term demand. BHP''s president of its iron ...

BHP Billiton''s Iron Ore Production Shows No Signs of ...

 · BHP Billiton Ltd. will tip more iron ore into the global market in the year ahead, as miners show few signs of holding back output of the commodity despite a worsening glut. Iron-ore prices have been dragged to a decade low as large exporters churn out rising volumes of the raw material intended to feed growth in China that is now slowing down.

BHP Billiton Plc Melbourne Victoria 3000 Australia London ...

 · 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. Mr Wilson outlined BHP Billiton''s view of the long-term supply and demand trends in the iron

Why Increasing Iron Production Now Will Reap Profits Later ...

 · In the iron ore industry, a bloated supply of iron ore has forced many small mining companies to scale back production as the iron ore price hits a 5-year low, but one company, BHP Billiton (NYSE ...

UPDATE 3-BHP aims to slash iron ore costs to become ...

>* BHP targets 25 pct cut in iron ore production costs* Aims for production cash cost below $20 a tonne* Big miners squeeze out smaller miners (Adds BHP iron ore chief, analyst comments)By Silvia Antonioli and Sonali PaulLONDON/MELBOURNE, Oct 6 (Reuters) - 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 ...

BHP Billiton: operating profit increases by 80% in fiscal ...

 · Australian mining giant BHP Billiton said on Tuesday, it plans to cut down cost of Australian iron ore, copper and coal business and increase $1.6 billion capacity in future two years. Nov 28, 2017 09:28 CST

BHP Billiton cuts iron ore guidance as production slips ...

 · BHP Billiton cuts its annual production guidance by 4 per cent, or 10 million tonnes, as it vows to keep cutting costs to deal with depressed commodity prices. ... Iron ore production fell 1 per ...

Research Update: BHP Group ''A'' Rating Placed On ...

 · After the transaction, BHP''s portfolio will comprise: iron ore (production of 254 million tons (Mt) and underlying EBITDA of $26.3 billion in fiscal year [FY] ending June 30, 2021), copper (production of 1.64 Mt and underlying EBITDA of $8.5 billion), metallurgical (met) coal (production of 41 Mt and underlying EBITDA of $0.6 billion), and ...

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 tons from its mines as it aims to overtake rival …

BHP Is Slashing Costs At Its Iron Ore Mines By 25%

 · Chris Pash Oct. 6, 2014, 1:02 PM. Iron ore. BHP will cut costs at its Western Australia iron ore mines by at least 25% and increase capacity by 65 million tonnes per year. The response to ...

Iron ore cost curve set to flatten, BHP Billiton says ...

 · BHP Billiton is expecting the cost curve of iron ore to flatten as low-cost seaborne supply replaces high-cost materials. "Iron ore prices are likely to remain subdued over the short to medium term as low-cost supply continues to rise," Jimmy Wilson, the miner''s president for iron ore, told delegates at the Global Iron Ore & Steel ...

BHP Billiton: 4Q Production Solid, But Petroleum Output to ...

 · BHP Billiton forecast iron ore production of between 239 million tonnes and 243 million tonnes in the 2018 financial year. Copper production fell 6% year-on …

BHP Billiton Outlines Plan to Cut Costs on Iron Ore

 · BHP Billiton Outlines Plan to Cut Costs on Iron Ore. By Reuters. Oct. 6, 2014. MELBOURNE, Australia — The British-Australian mining company BHP Billiton aims to cut its iron ore production costs ...

BHP Billiton to lower costs and raise production at ...

 · The increased production and low capital costs will allow the company to overtake rival Rio Tinto as the lowest cost producer of iron ore globally. While Rio Tinto''s expenditure stands at $20.40 a tonne, BHP aims to produce iron ore for less than $20 a tonne, which does not include the cost of shipping and royalties.

Process Engineer | Iron Ore | Jimblebar | FIFO 5/2 4/3

 · This position will be based at our new ''Jimblebar'' mine site on a fly-in fly-out 5/2 4/3 roster. Jimblebar is the first Greenfield mine in over 40 years to be both developed and operated by BHP Billiton Iron Ore and is located 40kms North East of Newman, Western Australia. The outstanding facilities at the brand new FIFO village include; a ...

BHP Billiton to slash copper production costs, increase ...

 · BHP Billiton (ASX:BHP), the world''s largest mining company, is making a bold bet on copper by deciding to ramp up output while slashing production costs. …

BHP Billiton: Soaring Iron Ore Prices To Bolster Financial ...

 · BHP Billiton (BHP) is the world''s largest mining company, with a diversified portfolio including copper, diamond, iron ore and coal production, and substantial interests in oil, gas, liquefied natural gas and diamonds distinguishes itself from its competitors by the combination of the quality of its assets; deep inventory of growth projects; customer-focused marketing; diversification ...

Global Iron Ore Cost Curve

Timetric''s analysis covers 70 iron ore operations accounting for over 1,300Mt of iron ore production globally, the majority of which is export production. Overall 30 companies have been included, ranging from the large producers, such as Rio Tinto, Vale and BHP Billiton, to one-mine companies, such as BC Iron, and large steel producers, such ...

Introduction: overview of the global iron ore industry ...

 · This has put considerable pressure on the higher-cost iron ore producers to reduce costs, and even the major producers such as BHP Billiton, Rio Tinto, Vale, FMG, and Kumba Iron Ore at the lower end of the cost curve (see Figure 1.51) are reducing staff levels and operating costs to improve profit margins, a key focus being on maximizing ...

Global Iron Ore Cost Curve Report 2016

 · Global Iron Ore Cost Curve Report 2016 - Analysis, Opportunities & Forecasts for 30 Companies & 70 Mines - Key Vendors: BHP Billiton, Mitsubishi Corp, Rio Tinto - …

BHP OPERATIONAL REVIEW FOR THE YEAR ENDED 30 JUNE …

 · During the year, the BHP Board approved the Ruby oil and gas project in Trinidad and Tobago. At the end of the 2020 financial year, BHP had six major projects under development in petroleum, copper, iron ore and potash, with a combined budget of US$11.4 billion over the life of the projects. Our major projects under development in petroleum

BHP plans to become lowest cost producer | SBS News

BHP plans to become lowest cost producer. BHP Billiton will cut costs at its iron ore mines by 25% with iron ore prices at five year lows. (AAP) Mining giant BHP Billiton plans to overtake Rio ...

Rio Tinto and BHP Billiton announce West Australian Iron ...

 · Rio Tinto and BHP Billiton today signed a non-binding agreement to establish a production joint venture covering the entirety of both companies'' Western Australian iron ore assets. The joint venture will encompass all current and future Western Australian iron ore assets and liabilities and will be owned 50:50 by BHP Billiton and Rio Tinto.

BHP Billiton puts the brakes on iron ore expansion ...

BHP Billiton is slowing the pace of its planned expansion in iron ore production in a bid to conserve cash as commodity prices slump and demand in China weakens. The Anglo-Australian company said ...