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20 Jul
01:44

BHP's annual iron ore production rises slightly

Global miner BHP saw its total iron ore production increase by 1% on-year to 257 million tonnes in the financial year ended 30 June, 2023 (FY23), in line with its guidance. The firm expects FY24 production to be between 254mt and 264.5mt, Kallanish notes. Its Western Australia Iron Ore (WAIO) operations achieved record production of 253mt, thanks in part to improved rail performance and increased car dumper utilisation. Its WAIO production is expected to increase …
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