LOGO
LOGO

Corporate News

BHP Billiton Q3 Iron Ore Production Up 6% YoY, But Decline 5% Sequentially

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

BHP Billiton Ltd. (BHP,BHP.AX,BBL,BLT.L) reported that its March quarter iron ore production improved 6 percent to 40.21 million tonnes from the year ago quarter. On a sequential basis, iron ore production declined 5 percent.

Total petroleum products for the quarter were 55.42 million Barrel of Oil Equivalents or boe, down 2 percent from the same quarter last year. On a sequential basis, total petroleum production declined 7 percent.

Aluminium production for the quarter rose 10 percent, while nickel production gained 1 percent from the same period a year earlier. Copper production rose 9 percent from the year-ago quarter.

BHP Billiton also announced that iron ore production guidance of 183 million tonnes for the 2013 financial year remains unchanged, despite cyclone related downtime during the period. An annualised production rate approaching
200 million tonnes is anticipated for the June 2013 quarter.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19