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22 Jan
07:59

BHP iron ore output firms despite derailment

BHP says it remains on track to hit its production and cost guidance despite a number of setbacks that set it back an estimated $600 million in productivity, according to its half-year operational review. Although December quarter iron ore volumes were hit by a train derailment, volumes over the first half of its financial year were still up year-on-year, Kallanish notes. October-December iron ore volumes were down -6% from the previous quarter and year-on-year …
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