Request for Quotation

bhp billiton aims to cut australia iron ore costs lift production british

Rio Tinto's Iron

19-4-2016Rio Tinto PLC said its shipments of iron ore fell sharply during the first three months of this year, as the miner was buffeted by bad weather and exhausted stockpiles of ore at its remote Australian operations. The miner also downgraded its expectations for iron ore production in 2017, citing delays to its new, autonomous railway system.

Get Price

BHP Billiton aims to cut Australia iron ore costs

6-10-2014Sydney - 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

Get Price

Rio Tinto

23-9-2019Browse Rio Tinto news, research and analysis from The Conversation Fortescue's Andrew "Twiggy" Forrest says BHP Billiton and Rio Tinto have flooded the market Iron ore miners should leave the market if they can't compete. Richard Heaney, University of Western Australia. High cost iron ore producers should either reduce their

Get Price

BHP Newcastle steelworks timeline

1885 Broken Hill Proprietary Company Limited mine silver at Broken Hill 1896 BHP buys Hunter River land from Waratah Gas Co 1899 Dutch-born London based engineer and metallurgist Guillaume Daniel (GD) Delprat starts as BHP assistant general manager, based in Broken Hill, Adelaide then Melbourne from 1913 1902 BHP leases extra land at Port

Get Price

MAC: BHP Billiton [106]

2010-01-31 BHP Billiton ups spending on iron 2010-01-19 Balochistan halts $3.5bn copper project 2010-01-11 Court blow to farmers fighting coal exploration 2010-01-11 BHP Billiton isn't putting another nickel in 2009-12-22 CARRYING CARBON TO COPENHAGEN:Southeast Asia 2009-12-22 Why Black Economic Empowerment should be abolished - Mbeki

Get Price

BHP lifts iron ore output to meet China demand

2-5-2018It is an impressive production scorecard, Bank of America Merrill Lynch said in a client note. BHP's production of iron ore, the main material in steelmaking, leapt 11 per cent in the quarter from a year earlier, mirroring strong production data from rivals Rio Tinto and Vale.

Get Price

Rio aims to lift ore sales despite Q1 dip

21-4-2015Rio Tinto plans to increase iron ore sales this year to 350 million tonnes, despite prices being at decade lows and surprisingly weak quarterly production. The world's second largest iron ore miner shipped 12 per cent less ore during the March quarter compared to the previous period. Rio and BHP

Get Price

BHP Billiton sets new output records

23-1-2008Mining giant BHP Billiton's iron-ore output grew 9% to a new record in the three months to December, driven by demand from China. Production hit 27.75 million tonnes, and records were also set for aluminum and petroleum. Second-quarter output was

Get Price

Rio eyes more iron ore supplies in 2016

By Prashant Mehra (Australian Associated Press) Mining giant Rio Tinto will boost iron ore production in 2016 while keeping a tight rein on costs to help it edge ahead of its struggling global rivals. The world's second largest iron ore miner aims to lift production and shipments of the steel-making commodity to around 350 million []

Get Price

How are BHP Billiton, Rio Tinto and Fortescue Metals

4-9-2019Iron ore prices (Credit: Business Insider) Iron ore producers are down slightly less than the broader market, with BHP Billiton (ASX: BHP) down 13%, Rio Tinto down 17% and Fortescue Metals down 16%. This is because investors and management teams alike foresaw an iron ore price correction and were thus prepared for it.

Get Price

The Australian Dollar Could Get Even Stronger as BHP

17-8-2016The Australian Dollar Could Get Even Stronger as BHP Billiton Signal the End of Commodity China has however pledged to cut steel production capacity by 45mt this year, which could provide clouds to the Australian Dollar outcome were it to result in a material drop in demand for Australian iron ore exports. Latest Pound

Get Price

Is the BHP share price a buy?

30-8-2019BHP has many economic benefits to being one of the biggest resource businesses in the world, particularly in terms of lower production costs. BHP also has one of the best dividend yields and best dividend history records in the commodity sector. I appreciate management's commitment to try to sustainably grow its dividend payment. Foolish takeaway

Get Price

mining projects contracts news for contractors and engineers

Mining News Wood Group GTS Signs The focus of the project will be the continued expansion of BHP Billiton's iron ore operations in the Pilbara Region of Western Australia. (Australia) Pty Ltd, a leading Australian cost and commercial management consultancy from its

Get Price

Home

BHP veteran spells out mining's social challenges - Australian Mining. While mining companies consistently work to retain their social licence, BHP Billiton's former head of institutional and government relations Osvaldo Urzua boldly suggests the issue isn't only reserved for miners.

Get Price

Winning the iron ore price war

BHP recently announced its aim to become the world's cheapest iron ore producer. It aims to reduce costs by 25 per cent to less than US$20 a tonne which would see it overtaking Rio as the lowest cost iron ore producer to China6. According to UBS, smaller Australian iron ore producers have a break-even point of between US$80 and $107 a tonne.

Get Price

BHP grade issues at Pilbara mines cloud the outlook for

18-8-2019Miners have been investing heavily in automation to control costs. BHP last month signalled it could look to deploy as many as 500 driverless trucks at its open cut mines in WA. Unlike Rio Tinto, BHP opted to maintain its current volumes of iron ore rather than produce less at a higher grade due to contractual volume commitments to customers.

Get Price

Queensland Coal Production to Increase Due to BHP

29-8-2012BHP Billiton, the biggest miner in the world, has shifted focus to the Queensland coal output, which it aims to increase by a rate of about 10 percent every year over the course of the following two years, leading to a possible offset of lower prices that it anticipates for the majority of its goods over the extended term.

Get Price

CITIC aims to cut costs at Sino Iron project, ramp up

29-11-2016CITIC Pacific Mining's Sino Iron project in Western Australia is ramping up production and expects to export more than 10 million tonnes this year, its chairman said on Tuesday, adding the goal was to become the world's lowest cost producer. Chairman Zhang Jijing of CITIC Pacific Mining, a

Get Price

Australia's miners sees China iron ore demand flattening

20-3-2012Australian iron ore miners, key beneficiaries of China's modern-day industrial revolution, on Tuesday signaled demand growth was finally slowing in response to Beijing's moves to cool its economy. It was the strongest indication yet from an industry closest to China's phenomenal industrial growth

Get Price

BHP Billiton aims to cut Australia iron ore costs, lift

6-10-2014Mining 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

Get Price

Commodity markets limp into 2015

Indeed, BHP Billiton has continued to ramp up production despite a falling iron ore price, although it has recently announced it would reduce the costs in bringing on new production as it can lower its investment without slowing volume growth. Glencore continues to invest in copper despite the current market oversupply.

Get Price

BHP brands Elliott's overhaul proposals as flawed, costly

12-4-2017The hedge fund manager had said that spinning off about $22 billion of BHP's US oil assets and listing them in New York, could lift the value of the Australia-based investors by 48.6% and by 51% for UK-based shareholders. The miner, instead, highlighted that oil was a "core" element in the company's strategy.

Get Price

bhp billiton celebrates 50 years of mining on

BHP Billiton | BHP celebrates two important Sep 4, 2017 BHP today celebrated two significant milestones at Olympic Dam with first ore expansion into the Southern Mining Area (SMA) and the first copper cathode increase in production to over 450,000 tonnes of copper a year," she said.

Get Price

INSIGHT

29-7-2013Mark ups on iron ore for global miners BHP Billiton and Rio Tinto are now at a staggering 160 miners which have rushed in to meet the demand and could also trim billions of dollars of revenue for countries such as Australia, where iron ore is the biggest single export. With production costs at between $30-$50 a tonne,

Get Price

BHP Billiton Has Increased Production By Almost 10%

BHP Billiton Has Increased Production By Almost 10% JSE-listed resources firm, BHP Billiton, on Wednesday said production increased 9 percent during the December 2014 half year with records achieved for eight operations and five commodities.

Get Price

BHP chief gives Chinese economy thumbs up

22-6-2019TOKYO -- The Chinese economy is doing quite well despite the trade war with the U.S., the head of Australia's BHP Billiton, the world's largest miner, told Nikkei in a recent interview. The trade conflict has raised concerns over a global slowdown, but CEO Andrew Mackenzie said the battle between

Get Price

Iron ore rallying on China demand

12-11-2013Iron ore is extending a bull market on record sales to China that are spurring forecasters from Morgan Stanley to the World Bank to increase price predictions. Iron ore is the largest seaborne commodity cargo after crude oil and is the biggest source of revenue for Rio Tinto Group, BHP Billiton Ltd. and Vale SA. The commodity used to

Get Price

Iron Ore Chief Says Rio Can't Turn Off Tap to Boost Prices

5-11-2015BHP Billiton Ltd. are raising volumes in an effort to cut costs per ton, BHP and Rio expand their low-cost production just as signs indicate come, Alan Chirgwin, BHP's vice president of marketing for iron ore, forecast this week. "There has been a view that Australia can simply turn the iron ore tap on and off to

Get Price

Vale to fightback Rio, BHP for iron ore supply to China

16-7-2015As Rio Tinto and BHP Billiton ship more iron ore than ever to China, the Australia mining giants face a fightback from Brazil's Vale for market share that threatens to drive already weak prices even lower. The Australian companies are set to report bumper iron ore production, with Rio Tinto on

Get Price

NSW Mining Methods

One of Australia's largest open-cut coal mines, BHP Billiton's Mt Arthur Coal mine, is located in the Hunter Valley. Underground mining . Underground mining involves creating tunnels from the surface into the mineral seam, which can be hundreds of metres below the surface.

Get Price