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19 Jan
09:23

BHP iron ore output growth disappoints

Australian miner BHP reported 4% quarter-on-quarter growth in iron ore production in the fourth quarter of 2021 to 66.1 million tonnes. The improvement was due to strong supply chain performance, increased ore car availability and the continued ramp up of South Flank. However, total iron ore output over July-December, the first half of fiscal year 2022 (FY22), increased only 1% year-on-year to 129.4mt. Output growth was partially offset by the impact of tempo…
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