bhp bullish on iron ore production

Vale Day presentation. At the current spot prices of $140/t iron ore, $8,863/t copper, and $16,145/t nickel, Vale profits handsomely. Iron ore AIC in 2026 is assumed to decrease to $45/t. It is a ...

The 5 per cent fall in Fortescue's share price on Monday reflects pressure on iron ore prices in the last month. But like BHP and Rio Tinto, it remains bullish on China's recovery.

CEO Mike Henry remains bullish on China as it reopens from Covid. BHP (ASX:BHP) has maintained its bullish stance on China, predicting another year with steel production in excess of 1 billion …

Western Australia Iron Ore. Our iron ore business includes integrated iron ore mines, rail and port operations in the Pilbara region of Western Australia. If you would like to lodge a complaint or concern linked to our operations, please feel free to contact the BHP Community Contact Line on 1800 421 077 - 24 hours a day, 7 days a week.

An analyst at Shaw and Partners is bullish on BHP, predicting growth in Chinese steel production will continue to defy the faltering Chinese economy.The analyst believes a tight iron ore market ...

BHP is bullish on Indian growth. ... it's a good bet the new building was made with no shortage of Australian coking coal and iron ore. ... Indian steel production was 100 million tonnes two ...

BHP Group's BHP iron ore production declined 3% year over year to 63.2 Mt in the first quarter of fiscal 2024 (ended Sep 30, 2023). The company witnessed a 3% fall in iron ore output at Western ...

BHP Billiton remains bullish about the demand for iron ore, despite predicting that Chinese steel consumption will slow.

Jul 19, 2021 6:50PM EDT. Credit: REUTERS/CHRIS HELGREN. BHP Group Ltd on Tuesday reported full-year iron ore production near the top end of its forecast range, …

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 …

BHP is bullish on the long-term outlook for metallurgical coal, believing it will be needed to make steel for decades, but supply is likely to be constrained by a lack of investment in new production.

BHP maintained its fiscal 2024 production estimates for Western Australia iron ore at between 250 million tonnes and 260 million tonnes, 282 million tonnes and 294 million tonnes on a basis. Total copper production for the second quarter increased to 437,400 tonnes from 424,300 tonnes last year.

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 addition to increasing the share of lump in our total output from around one–quarter to …

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,...

"Iron ore prices have been elevated since the Brumadinho tailings dam tragedy in Brazil first disrupted the market in early 2019. Conditions were particularly tight in the recent half. The combined impact of very strong Chinese pig iron production and Brazilian exports being unable to lift materially from depressed calendar 2019 levels far ...

The company expects fiscal 2024 output for Western Australia iron ore between 282 million and 294 million metric tons, the mid-point of which is 0.9% higher than annual production of 285.3 million ...

BHP maintained its fiscal 2024 production estimates for Western Australia iron ore at between 250 million tonnes and 260 million tonnes, 282 million tonnes and 294 million tonnes on a basis.

David McKay. - July 12, 2019. Australia's Pilbara iron ore fields. BHP said the medium- to long-term fundamentals for iron ore were good and could support the construction of 11 more mines in Australia's Pilbara region …

Published: Jan. 17, 2024 at 5:40 p.m. ET. BHP Group, the world's biggest miner by market value, said first-half production of iron ore and metallurgical coal fell year-on-year, …

One reason that iron ore can fall so low (and even lower in our opinion this time) is that the marginal cost of production is extremely low. BHP's marginal cost is under $20/tonne.

BHP has signed an agreement with China's HBIS Group Co., Ltd (HBIS), one of the world's largest steelmakers, to trial direct reduced iron (DRI) production and utilisation of BHP iron ores in blends and progress a separate enhanced lump stage 2 trial aimed at lowering blast furnace (BF) carbon emissions. To support the development of ...

09 February 2024. Australia's two largest iron ore producers and its biggest steelmaker have partnered in their efforts to accelerate the decarbonisation of steelmaking by agreeing to jointly investigate the development of the country's first ironmaking electric smelting furnace (ESF) pilot plant. Under a new framework agreement, Rio Tinto ...

Potash seems poised at the crest of its stunning bull wave, driven by strikingly positive downstream fundamentals at a time of both constrained and uncertain supply. ... Chinese domestic iron ore concentrate production (implied) reached 273 Mt in calendar year 2019, 308 Mt in 2020 and the same figure in 2021. ... BHP's South Flank …

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

the flexibility we have created in pretty much everything we do here. South Flank will improve BHP's customer value proposition, increasing both the iron content and the lump to fines ratio across our product offering. Our iron-rich Marra Mamba ore is similar in mineralisation and structure to the North Flank resource currently mined at MAC.

MELBOURNE (Reuters) - BHP Group Ltd on Tuesday reported full-year iron ore production near the top end of its forecast range, thanks to record output at two mines in Western Australia. However ...

BHP Group's BHP iron ore production improved 1% year over year to 129.4 Mt in the first half of the fiscal year 2022 (ended Dec 31, 2021). Record levels were attained at Western Australia Iron ...

BHP hiked iron ore production by 7% year-on-year in the September quarter and said it was on track to meet full-year 2016 guidance across the business. ... Read More BHP Billiton CEO bullish on ...

Jun 7, 2021 – 5.00am. First Rio Tinto stole Brazilian miner Vale's title as the world's biggest exporter of iron ore, then BHP and Fortescue pinched Rio's title as the lowest cost producer ...