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BHP Billiton Outlines Plan to Slash Costs, Lift Output ...

Oct 05, 2014· BHP Billiton Outlines Plan to Slash Costs, Lift Output Further BHP Aims to Become Lowest-Cost Supplier to China. ... Spot iron ore is down …

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

Oct 06, 2014· BHP aims to slash iron ore costs to become cheapest supplier. LONDON/MELBOURNE (Reuters) - BHP Billiton aims to cut its iron ore production costs by more than 25 percent and squeeze more tonnes ...

Doing Business between Japan and Australia | Japan ...

He said the other major players, Rio Tinto, BHP Billiton and Brazil's Vale should also cap their production "and we'll find the iron ore price goes straight back up to US$70, US$80, US$90." "I'm happy to put that challenge out there, let's cap our production right here and start acting like grown-ups," he said.

Beijing's boomerang ban on Australian coal - Openforum

Sep 15, 2021· The Chinese authorities have always thought such costs were minor relative to their broader geopolitical aims. However, rising steel costs are now filtering through to inflation more generally. Chinese factory gate prices rose 9.5% over the year to August, the fastest rate in 13 years.

Here's why BHP Billiton Limited is getting aggressive on ...

Oct 06, 2014· Taking a long-term view of global steel demand, BHP informed the market that it is planning to cut costs in its Western Australian Iron Ore (WAIO) division by …

100X60 Mini Jaw Crusher is used for rock slag steel slag ...

bhp aims to slash iron ore sts to beme. 2021/01/31. BHP aims to slash iron ore costs to become cheapest supplierOct 05, 2014 BHP Billiton aims to cut its iron ore production costs by more than 25 percent and squeeze more. marshall crusher in india. 2020/04/22.

BHP Billiton aims to become world's cheapest iron ore …

Oct 06, 2014· The world's biggest miner plans to slash its costs by at least one quarter as it goes head to head with rival, Rio Tinto in the battle to become the globe's cheapest iron ore producer. BHP ...

Rio Tinto says rejected Glencore merger approach in August

Oct 07, 2014· Rio Tinto rejected a merger approach from smaller rival Glencore to create a $160 billion mining and trading giant in August, the world No.2 miner said on Tuesday, following media reports on ...

BHP weighing LNG power for iron ore ships | Hellenic ...

Nov 05, 2019· BHP, the biggest listed miner, aims to decide early next year who has won a tender for LNG-fueled transport to ship up to 27 million tonnes, or about 10%, of its iron ore to cut emissions by ...

Fortescue posts record profit, dividend but cuts ...

Aug 30, 2021· As part of its plans to become the world's first major supplier of green iron ore and green hydrogen, it expects to spend up to $600 million this fiscal year on Fortescue Future Industries.

BHP Billiton Outlines Plan to Cut Costs on Iron Ore - The ...

Oct 06, 2014· BHP Billiton Outlines Plan to Cut Costs on Iron Ore. By Reuters. Oct. 6, 2014. MELBOURNE, Australia — The British-Australian mining company BHP Billiton aims to cut its iron ore production costs ...

Legal 'Noise' Adds to Deepening Iron Ore Rout for Brazil's ...

Aug 19, 2021· Legal 'Noise' Adds to Deepening Iron Ore Rout for Brazil's Vale. (Bloomberg) -- For Brazilian iron-ore giant Vale SA, a sector-wide rout fueled by tumbling metal prices is being accompanied by a stark reminder of its legal issues. The company's shares are down about 12% this week -- including a more than 6% slump Thursday ...

Commodity News | Seeking Alpha

BHP (BHP-5.4%), Rio Tinto (RIO-4.4%) and Vale (VALE-3.9%) are plunging as iron ore collapses below $100/ton, as China's moves to clean up its polluting industrial sector has caused a brutal price ...

BHP CEO defends iron ore strategy as best play in gloomy ...

Oct 23, 2014· BHP Billiton's chief executive said its strategy of high-volume iron ore production was the best way to profit in a gloomy market, defending a plan that has come under growing criticism for ...

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BHP aims to have curbed emissions from steelmaking ...

MELBOURNE (Reuters) – BHP Group (NYSE:) on Tuesday laid out its aim to achieve net zero emissions by 2050 from the operations of its customers by working with them to cut carbon out of their processes. BHP, the world's biggest miner, has already committed to extinguishing emissions directly from its own operations and lowering its indirect ...

BHP Billiton confident despite iron ore price drop

Oct 06, 2014· BHP Billiton iron ore president Jimmy Wilson stresses the miner's efforts to boost efficiency and cut costs will help it at a time of unsure Chinese demand as the price of iron ore has ...

BHPs economic and commodity outlook - bhp.com

Iron ore. Iron ore prices (62%, CFR, Argus) have been very strong, ranging between $150/dmt and $236/dmt over the second half of financial year 2021, averaging around $183/dmt. The high for the period ($236/dmt, reached on May 12) is also the all–time record.

world steel industry news headlines press reports

Iron ore makes unruly retreat to more normal price levels Tue, 21 Sep 2021 00:00:00 GMT Just as iron ores surge to a record high in May was an overblown rally, its plunge last week was a disorderly retreat, with neither move fully justified by the fundamentals of supply and demand.

BHP aims to have curbed emissions from steelmaking ...

BHP aims to have curbed emissions from steelmaking customers by 2050 By Reuters JPMorgan's 50,000 applicants show grads still love banking: 'Damaging headlines have not put students off' Hedge Fund Brevan Howard Expands Crypto Business — Expert Hired to …

BHP aims to slash iron ore costs to become cheapest supplier

Oct 06, 2014· * Big miners squeeze out smaller miners (Adds BHP iron ore chief, analyst comments) By Silvia Antonioli and Sonali Paul. LONDON/MELBOURNE, Oct 6 (Reuters) - BHP Billiton (NYSE: BBL - news) 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 rival Rio Tinto (Xetra: 855018 - news) as the world's cheapest …

Companies in Focus: BHP - London Mining Network

Introduction. BHP is an Anglo-Australian mining and petroleum company headquartered in Melbourne, Australia, and listed on the London Stock Exchange with a major management office in London. It is the world's largest mining company with a value of almost $130 billion in 2020. It has 33 operations in 15 different countries around the world as ...

Top Miner BHP Sees an End to the Era of Coal ...

May 27, 2019· The producer is also unlikely to add major capacity in iron ore or metallurgical coal, according to Beaven, seen as a leading contender to succeed Andrew Mackenzie as CEO. BHP will instead boost options in commodities with a more favorable exposure to the growth of energy demand and renewable power, the shift to electric vehicles and increasing ...

The Zacks Analyst Blog Highlights: BHP, Golden Minerals ...

Apr 24, 2018· The strength in Beijing's steel market will likely spread to its raw materials like coking coal and iron ore. Iron-ore prices on the Dalian Commodity Exchange, climbed 2.7% to 479.50 yuan a ton ...

Vale Virus Investigation Set To Stir Up Iron Ore Price ...

In news that will further rattle global iron ore prices, the office that enforces labour laws in Brazil's Para state is stepping up an investigation into potential shortcomings in the way mining giant Vale has protected its iron ore mineworkers from the coronavirus. ... Vale has already cut its 2020 calendar year export guidance by around 12 ...

Mining giant BHP goes digital in race for survival - FULL ...

Mining giant BHP goes digital in race for survival. BHP's Mount Whaleback mine in the ore-rich Pilbara region of northwest Australia. Pilbara is only one facet of the company's declared strategy to become a "fully integrated, highly automated" mining company by 2025. PERTH/SINGAPORE — As a lightning storm descends on BHP 's sprawling iron ...

Rio Tinto says rival BHP will not dethrone it as cheapest ...

Dec 02, 2014· Iron ore has lost about half of its value this year, hit by sluggish demand and additional supply, mostly from the world's largest global mining firms: Brazil's Vale as well as Anglo-Australian Rio Tinto and BHP. This is pushing miners to cut costs and BHP in October vowed to overtake Rio as the world's cheapest supplier to China, slashing ...

BHP aims to slash iron ore costs to become cheapest …

Oct 05, 2014· BHP aims to slash iron ore costs to become cheapest supplier. BHP Billiton aims to cut its iron ore production costs by more than 25 percent and squeeze more tons from its mines as it aims …

BHP Billiton inches ahead of Rio Tinto in race for title ...

Sep 06, 2015· BHP iron ore boss Jimmy Wilson pledged in October last year that the miner could beat Rio on costs over the "medium term" and claim its coveted mantle as the cheapest exporter of iron ore …

BHP aims to slash iron ore costs to become cheapest supplier

Oct 05, 2014· Stocks: Most Active. World Indices. World Indices