20
Jan
15:04
BHP hits half-year targets, increases full-year guidance
Mining giant BHP says it reached record production at Western Australia Iron Ore (WAIO) in the six months ending 31 December 2020. BHP also increased its fiscal-year 2021 production guidance for iron ore to 276-286 million tonnes on a 100% basis, as a result of the restart of Samarco in December, Kallanish notes.
In the December-quarter, BHP’s Western Australian iron ore output rose 3.5% on-year to 70.4mt, but it was about -5% lower …
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Very good overview of the weekly steel market.
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