cost of production bhp billiton iron ore

cost of production bhp billiton iron ore

BHP Billiton and Iron Ore Unit Costs: A Peer Comparison

Aug 24, 2017  BHP’s iron ore asset WAIO (Western Australia Iron Ore) contributes more than 90.0% of the company’s total iron ore production. Production at this site rose 4.0% to 231.0 million tons in fiscal ...

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How Much Lower Can BHP Billiton Push Its Costs in Iron

Aug 18, 2016  Cost-cutting in iron ore BHP’s total iron ore production increased by 2% in fiscal 2016 to a record 227 million tons. More than 90% of BHP’s iron ore comes from WAIO (Western Australia iron ore).

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Breaking down BHP Billiton’s iron ore production costs ...

Sep 29, 2011  BHP Billiton organized a site tour of its Western Australia Iron Ore operations this week, providing valuable information about its production costs: Source: BHP Billiton Site Tour Presentation, September 27 2011 Observations: BHP positions itself in the cost curve around $39/t CIF. Average iron ore price for the year ended June 2011 was $163/t, resulting

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BHP iron ore production 2021 Statista

Oct 12, 2021  Iron ore production of BHP 2008-2020. This statistic shows BHP's production of iron ore from 2008 to 2020, years ended on June 30. In 2012, BHP produced nearly 160 million metric tons of iron ore ...

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BHP Billiton: Soaring Iron Ore Prices To Bolster Financial ...

May 10, 2021  BHP Billiton (BHP) is the world's largest mining company, with a diversified portfolio including copper, diamond, iron ore and coal production, and substantial interests in oil, gas, liquefied natural gas and diamonds.It distinguishes itself from its competitors by the combination of the quality of its assets; deep inventory of growth projects; customer-focused

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Iron ore BHP

Samarco Mineracao S.A. (Samarco) is a non-operated joint venture iron ore operation. BHP Billiton Brasil and Vale each hold a 50% shareholding in Samarco. Following the Fundão dam failure in 2015, operations at the iron ore operation have resumed without the need of tailings dams and with a new, safer filtration system.

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BHP Billiton to cut costs of Australian iron ore ...

Oct 06, 2014  BHP Billiton has raised the stakes in the ongoing war of attrition in global iron ore with a plan to slash costs and lift production. The world's biggest miner is

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How Are Iron Ore Miners Placed on the Cost Curve?

Oct 14, 2015  BHP Billiton stated that it is trying to bring its cash costs down to $15 per ton in fiscal 2016 from $19 in fiscal 2015. On the other hand, Rio Tinto’s cash costs are down 21% year-over-year ...

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BHP Billiton (BHP) Lowers Iron-Ore Production View for

Apr 19, 2018  BHP Billiton (BHP) trims iron-ore output guidance for fiscal 2018. Northward movement in the price of this major steel-making product is

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BHP Billiton Opens Jimblebar Iron Ore Mine BHP

BHP Billiton Opens Jimblebar Iron Ore Mine. 23 April 2014. BHP Billiton today celebrated the official opening of its new Jimblebar iron ore mine 40 kilometres east of Newman in the Pilbara region of Western Australia. BHP Billiton President Iron Ore Jimmy Wilson, was joined by the Premier of Western Australia, the Hon. Colin Barnett, and joint ...

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BHP Billiton: Soaring Iron Ore Prices To Bolster Financial ...

May 10, 2021  BHP Billiton (BHP) is the world's largest mining company, with a diversified portfolio including copper, diamond, iron ore and coal production, and substantial interests in oil, gas, liquefied natural gas and diamonds.It

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BHP Billiton Cost of Goods Sold 2006-2021 BBL MacroTrends

BHP Billiton annual cost of goods sold for 2021 was $8.873B, a 6.86% increase from 2020. BHP Billiton annual cost of goods sold for 2020 was $8.303B, a 2.71% decline from 2019. BHP Billiton annual cost of goods sold for 2019 was $8.534B, a 7.82% increase from 2018. BHP Billiton Plc is engaged in production of minerals which includes iron ore ...

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BHP: Negotiating Iron Ore Prices With China Harvard ...

Dec 12, 2006  As the largest iron ore consumer and steel producer, China accounted for 35% of world iron ore imports and over 25% of world steel production. Two-thirds of the iron ore market was dominated by only three companies--Australian-owned BHP Billiton Ore (BHPBIO or BHP), Rio Tinto Hamersley Iron Unit (RTHI), and Brazilian-owned Companhia Vale do Rio Doce SA

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BHP Billiton’s iron ore output up in Oct-Dec, FY 2020-21 ...

Jan 20, 2021  Australian miner BHP Billiton has announced its production results for the first half of the financial year 2020-21 ended December 31. The company achieved an iron ore output of 128.4 million mt in the given period, increasing by six percent year on year, reflecting record production at Jimblebar and a strong performance across the supply chain.

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Global Iron Ore Cost Curve - market research

Timetric’s analysis covers 70 iron ore operations accounting for over 1,300Mt of iron ore production globally, the majority of which is export production. Overall 30 companies have been included, ranging from the large producers , such as Rio Tinto, Vale and BHP Billiton, to one-mine companies, such as BC Iron, and large steel producers, such ...

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How Are Iron Ore Miners Placed on the Cost Curve?

Oct 14, 2015  BHP Billiton stated that it is trying to bring its cash costs down to $15 per ton in fiscal 2016 from $19 in fiscal 2015. On the other hand, Rio Tinto’s cash costs are down 21% year-over-year ...

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BHP Billiton (BHP) Lowers Iron-Ore Production View for FY18

Apr 19, 2018  BHP Billiton (BHP) trims iron-ore output guidance for fiscal 2018. Northward movement in the price of this major steel-making product is

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Here are the breakeven rates for major iron ore miners

Jan 08, 2018  It shows the current breakeven levels for various iron ore miners, along with the annual volumes each produce and the average quality of the ore they mine. ... Rio Tinto and BHP Billiton had the ...

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BHP Billiton aims to cut Australia iron ore costs, lift ...

Oct 06, 2014  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 Wilson said the firm wanted to lift capacity in Western ...

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Western Australia BHP

Western Australia Iron Ore (WAIO) is an integrated system of four processing hubs and five mines, connected by more than 1,000 kilometres of rail infrastructure and port facilities in the Pilbara region of northern Western Australia. Nickel West is a fully integrated mine-to-market nickel business located 600 kilometres north-east of Perth.We also produce crude oil and

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BHP Billiton sets new iron ore production record ...

Jul 22, 2015  BHP Billiton has posted a 14 per cent rise in iron ore production to set a new record. The company produced a record 233 Mt for the 2015 financial year, and expects this to increase by six per ...

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BHP Billiton Accelerates Expansion of Western Australian ...

Number 26/03. BHP Billiton today announced that it would be accelerating the development of its Western Australian iron ore expansion projects, to ensure a system capacity of 100 million tonnes per annum (Mtpa) by the end of the second quarter of CY2004.

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BHP Billiton aims to cut Australia iron ore costs, lift ...

Oct 06, 2014  BHP Billiton continued to see healthy demand growth for iron ore in the mid-term as Chinese steel production is expected to rise by about 25 percent in the early to mid-2020s, he added. "Meanwhile, steel production growth in other emerging economies is outpacing China as those nations urbanise and industrialise," he said.

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BHP Billiton aims to cut Australia iron ore costs, lift ...

Oct 06, 2014  BHP Billiton continued to see healthy demand growth for iron ore in the mid-term as Chinese steel production is expected to rise by about 25 percent in the early to mid-2020s, he added. "Meanwhile, steel production growth in other emerging economies is outpacing China as those nations urbanise and industrialise," he said.

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BHP Billiton to lower costs and raise production at ...

Oct 05, 2014  The increased production and low capital costs will allow the company to overtake rival Rio Tinto as the lowest cost producer of iron ore globally. While Rio Tinto’s expenditure stands at $20.40 a tonne, BHP aims to produce iron ore for less than $20 a tonne, which does not include the cost of shipping and royalties.

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BHP Billiton Cost of Goods Sold 2006-2021 BBL MacroTrends

BHP Billiton annual cost of goods sold for 2021 was $8.873B, a 6.86% increase from 2020. BHP Billiton annual cost of goods sold for 2020 was $8.303B, a 2.71% decline from 2019. BHP Billiton annual cost of goods sold for 2019 was $8.534B, a 7.82% increase from 2018. BHP Billiton Plc is engaged in production of minerals which includes iron ore ...

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BHP: Negotiating Iron Ore Prices With China Harvard ...

Dec 12, 2006  As the largest iron ore consumer and steel producer, China accounted for 35% of world iron ore imports and over 25% of world steel production. Two-thirds of the iron ore market was dominated by only three companies--Australian-owned BHP Billiton Ore (BHPBIO or BHP), Rio Tinto Hamersley Iron Unit (RTHI), and Brazilian-owned Companhia Vale do Rio Doce SA (CVRD). In

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This Could Lead BHP’s Cost-Reduction Efforts in Iron Ore

Nov 20, 2020  Iron ore makes up 38% of BHP Billiton’s () revenues and 42% of its EBITDA (earnings before interest, tax, depreciation, and amortization).So it’s important to look at its iron ore costs, which ...

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Iron ore cost curve set to flatten, BHP Billiton says ...

Mar 10, 2015  BHP Billiton is expecting the cost curve of iron ore to flatten as low-cost seaborne supply replaces high-cost materials. “Iron ore prices are likely to remain subdued over the short to medium term as low-cost supply continues to rise,” Jimmy Wilson, the miner’s president for iron ore, told delegates at the Global Iron Ore Steel ...

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BHP aims to slash iron ore costs to become cheapest ...

Oct 06, 2014  BHP Billiton aims to cut its iron ore production costs by more than 25 percent and squeeze more tonnes from its mines as it aims to overtake

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BHP Billiton lifts iron ore production - Australian Mining

Apr 22, 2015  BHP Billiton has announced a 20 per cent increase in iron ore production, resulting in the miner lifting its full year guidance. The company produced 58.979 million tonnes of iron ore

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BHP - Statistics Facts Statista

Sep 17, 2020  BHP's iron ore production 2021. 253.5m mt. ... BHP, formerly known as BHP Billiton, was formed as a result of the 2001 merger between BHP (Broken Hill Propriety Company Limited) and Billiton

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BHP Billiton sets new iron ore production record ...

Jul 22, 2015  BHP Billiton has posted a 14 per cent rise in iron ore production to set a new record. The company produced a record 233 Mt for the 2015 financial year,

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BHP Billiton The Iron Ore

For these reasons, iron ore production is concentrated in the hands of a few major players. World production averages two billion metric tons of raw ore annually. The world’s largest producer of iron ore is the Brazilian mining corporation Vale, followed by Anglo-Australian companies BHP Billiton

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BHP seizes on ore price with record sales

Jul 20, 2020  BHP seizes on ore price with record sales. BHP has capitalised on high iron ore prices with its biggest ever sales volumes in a three month period, but the miner revealed copper and petroleum ...

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BHP Billiton: Iron Ore for China(c)

BHP Billiton: Iron Ore for China(c) In 2003, China became the world’s largest importer of iron ore. Between 2004 and 2005, China’s steel production increased from by 26% from 270 to 340 million metric tons, or about one-third of world production. Fueled by rapid economic growth, production was projected to increase by a further 9% to 370

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BHP Billiton boosts Australian iron ore production

Oct 22, 2014  BHP Billiton Wednesday reported a rise in September quarter iron ore production as the mining giant vowed to continue reducing costs amid depressed prices from a global supply glut. The world's biggest miner reported a 17 percent increase in iron ore production to 57.1 million tonnes in the three months to September compared to the previous year.

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BHP Billiton met its production targets for copper, iron ...

Jul 20, 2021  Australian mining giant BHP Billiton said on Tuesday, it plans to cut down cost of Australian iron ore, copper and coal business and increase $1.6 billion capacity in future two years. Nov 28, 2017 09:28 CST

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