21
Aug
11:39
BHPB profits jump but not from iron ore
Copper drove ebitda growth for BHP Billiton in the financial year ending June 2018, with iron ore Ebitda falling slightly. The miner aims to boost the iron ore division through incremental growth in output and cost control, Kallanish notes.
BHPB’s revenue over the last financial year was up 20.8% to $43.638 billion, but revenue from the iron ore arm was up only 1.27% to $14.81 billion as volumes were up only slightly by 3% to 275 million tonnes. Realised p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous