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21 Feb
11:14

BHPB boosts volumes but costs tick up

BHP Billiton saw total iron ore production in the six months ending December 2016 increase 4% year-on-year to 118 million tonnes. The company’s cash costs/tonne in Western Australia increased slightly from the previous period but this was more than offset by surging prices, Kallanish notes. The West Australian operation produced 136mt on a 100% basis in the first half of BHPB’s financial year. This was on the back of high volumes from the Jimble…
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