bhp billiton iron ore production costs search results

The World Today - BHP Billiton after tax profit slumps by ...

iron ore for the half fall. So, for 2013 the half-year, it was USD$11 billion, for the half-2015 it's 8.4 billion. So significant drop. BHP Billiton though was emphasising it's been cutting costs and it says that it's cut the price at which it produces iron ore. So it says at the mine, it's cut the price of iron ore production to USD$20 a tonne ...

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BHP Billiton Outlines Plan to Cut Costs on Iron Ore - The ...

Oct 06, 2014  BHP Billiton Outlines Plan to Cut Costs on Iron Ore. MELBOURNE, Australia — The British-Australian mining company BHP Billiton aims to cut its iron ore production costs

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BHP cuts production costs in response to metal price dive

May 12, 2015  BHP Billiton, the world's largest mining company, said on Tuesday it would slash its iron ore production cost further and cut spending to better withstand a downturn in commodity prices.

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BHP Billiton Iron Ore

BHP Billiton WAIO 0 50 100 150 200 Expansions to low cost seaborne supply will flatten the cost curve Cost curve for iron ore fines (US$/t, nominal, CIF China equivalent basis) Source: Macquarie Research, September 2012. Slide 6 Cumulative volume (million tonnes) CY2012 CY2015 •BHP Billiton will retain a favourable position on the cost curve ...

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

Oct 06, 2014  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 ...

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BHP first-half 2019 profit drops on rising costs, missed ...

Feb 18, 2019  Last month, BHP said its second-quarter iron ore production fell 9 percent after it was forced to derail an iron ore-cargo train after it ran away en route to a key shipping hub.

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BHP seizes on ore price with record sales

Jul 20, 2020  BHP explained that major maintenance on a car dumper at Port Hedland ( a piece of equipment that tips train carriages upside down, thereby removing the iron ore) would affect iron ore production ...

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BHP Billiton and Rio Tinto sign binding agreements on Iron ...

The production joint venture encompasses all current and future Western Australian iron ore assets and liabilities and will be owned 50:50 by BHP Billiton and Rio Tinto. It will deliver substantial synergies resulting from combining the companies' Western Australian iron ore operations, with the aim of producing more iron ore at lower cost.

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Our products help build a better, clearer future BHP

Our products help build a better, clearer future. What we produce is essential for the world to continue to grow and many of our products will help make the transition to cleaner energy possible. Positioning for the future. Learn more about our focus on the commodities the world needs to decarbonise and sustainably grow. Taking action on climate.

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BHP Billiton Opens Jimblebar Iron Ore Mine BHP

BHP Billiton Opens Jimblebar Iron Ore Mine. 23 April 2014. BHP Billiton today celebrated the official opening of its new Jimblebar iron ore mine 40 kilometres east of Newman in the Pilbara region of Western Australia. BHP Billiton President Iron Ore Jimmy Wilson, was joined by the Premier of Western Australia, the Hon. Colin Barnett, and joint ...

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Global Iron Ore Cost Curve - market research

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 ...

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Can BHP Billiton Catch Up with Rio Tinto in Iron Ore Unit ...

Feb 25, 2016  Impressive cost-cutting in iron ore. More than 90% of BHP’s iron ore comes from WAIO (Western Australia iron ore). The production of WAIO increased by

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

Oct 05, 2014  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.

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BHP Billiton to slash iron ore production costs by 25 pct

Oct 05, 2014  BHP Billiton (NYSE: BBL - news) plans to cut its iron ore production costs by 25 percent and possibly increase capacity by 65 million tonnes a year despite a slump in iron ore prices, the top global miner said on Monday. "We continue to see healthy demand growth for iron ore in the mid-term as Chinese steel production is expected to increase by approximately 25 percent to between

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Breaking down BHP Billiton’s iron ore production costs ...

Sep 29, 2011  BHP Billiton organized a site tour of its Western Australia Iron Ore operations this week, providing valuable information about its production costs: Source: BHP Billiton Site Tour Presentation, September 27 2011 Observations: BHP positions itself in the cost curve around $39/t CIF. Average iron ore price for the year ended June 2011 was $163/t, resulting

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BHP aims to slash iron ore costs to become cheapest supplier

Oct 05, 2014  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

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Controlling Product Quality at High Production Rates as ...

costs. INTRODUCTION The BHP Billiton Iron Ore Yandi Mine, established in 1991, is located approximately 260 km South of Port Hedland in the Pilbara region of Western Australia. Production of the high grade pisolitic iron ore has expanded rapidly from 5 Mt in

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

Mar 10, 2015  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 ...

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Global Iron Ore Cost Curve - market research

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 ...

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What Impacts Iron Ore Miners’ Break-Even Costs?

Oct 15, 2015  According to their latest published results, while RIO, BHP, and Vale had free on board (or FOB) cash costs per ton of $16.20, $17.00, and $15.80, Cliffs Natural Resources’ (CLF) Asia–Pacific ...

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

Oct 06, 2014  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 ...

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BHP Group (BHP) Vs Rio Tinto (RIO): Which Energy Stock Is ...

Feb 16, 2021  “The bulk of our BHP Billiton fair value estimate derives from just three commodities: iron ore, copper, and petroleum, in broadly equal contributions of approximately one-third apiece. Coking ...

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The World Today - BHP Billiton after tax profit slumps by ...

iron ore for the half fall. So, for 2013 the half-year, it was USD$11 billion, for the half-2015 it's 8.4 billion. So significant drop. BHP Billiton though was emphasising it's been cutting costs and it says that it's cut the price at which it produces iron ore. So it says at the mine, it's cut the price of iron ore production to USD$20 a tonne ...

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BHP Billiton on track for record mining production

BHP Billiton iron ore production increases. BHP Billiton has seen impressive increases in its iron ore production out of the WA Pilbara with some 225 million tonnes of production for the year and 37.6 million tonnes of coal from its Queensland coal mining operations like the $5 billion Daunia mine.

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

Oct 05, 2014  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.

More

The World Today - BHP Billiton after tax profit slumps by ...

iron ore for the half fall. So, for 2013 the half-year, it was USD$11 billion, for the half-2015 it's 8.4 billion. So significant drop. BHP Billiton though was emphasising it's been cutting costs and it says that it's cut the price at which it produces iron ore. So it says at the mine, it's cut the price of iron ore production to USD$20 a tonne ...

More

BHP Billiton boosts Australian iron ore production

Oct 22, 2014  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.

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BHP posts record annual iron ore production, lower output ...

Jul 19, 2021  BHP secured iron ore prices of $158.17 for the June half, double those received for the last financial year. “Operationally, it’s just satisfactory from our point of view given production of ...

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BHP Billiton’s iron ore output up in Oct-Dec, FY 2020-21 ...

Jan 20, 2021  Australian miner BHP Billiton has announced its production results for the first half of the financial year 2020-21 ended December 31. The company achieved an iron ore output of 128.4 million mt in the given period, increasing by six percent year on year, reflecting record production at Jimblebar and a strong performance across the supply chain.

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

Apr 19, 2018  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.

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

Oct 06, 2014  BHP Billiton continued to see healthy demand growth for iron ore in the mid-term as Chinese steel production is expected to rise by about 25 percent in the early to mid-2020s, he added. "Meanwhile, steel production growth in other emerging economies is outpacing China as those nations urbanise and industrialise," he said.

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

Oct 06, 2014  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 ...

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Can BHP Billiton Limited overtake Rio Tinto Limited in ...

Jul 07, 2014  Resources giant BHP Billiton Limited says it is aiming to bypass Rio Tinto Limited in lowering its iron ore production costs.. Deutsche Bank estimates BHP’s all in cash costs

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Global Iron Ore Cost Curve - PR Newswire

Sep 05, 2016  - The cost analysis indicates the dominance of the three largest iron ore producers: Rio Tinto, Vale and BHP Billiton. These three producers not only account for the largest share of world ...

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

Apr 20, 2016  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 ...

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BHP Billiton posts record iron ore, coal production ...

Jan 21, 2015  BHP Billiton produced 16 per cent more iron ore in the December 2014 half year to post a new record. BHP revealed it produced 113 million tonnes in

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