Not exact matches
Fortescue Metals Group has
recorded higher
production costs during the March quarterand revised up its full - year costs, while
iron ore shipments were down slightly for the period.
Chief executive Andrew Mackenzie praised the
record production levels in
iron ore and said BHP «remains on track to achieve 6 per cent volume growth for the 2018 financial year».
Production is running at
record levels in the financial year to date and BHP produced 58 million tonnes of
iron ore during the quarter, up 8 per cent on the previous corresponding period.
The mining sector was one such example; with yesterday's gains on the back of the expansion of the Chinese coast mystic product still fresh in the minds, Rio Tinto announced that their first half
production of
iron ore had broken numerous
records.
Production is running at
record levels in the financial year to date and BHP produced 58 million tonnes of
iron ore during the quarter, up 8 per cent on the previous corresponding period.
We achieved
record annual
iron ore production and shipments as our expansion programme continues on schedule, delivering industry leading returns for our shareholders.
As announced on 15 January, we had a strong
production year in 2012, particularly in our low - cost
iron ore business where we produced a
record 253 million tonnes.
Chief executive Tom Albanese said «We have set new quarterly
records for
iron ore sales and hard coking coal
production as our operations recovered from the severe weather experienced earlier in the year.
Chief executive Tom Albanese said «This was another
record - breaking year in the Pilbara with both quarterly and full year
iron ore production and shipments beating previous achievements, as our expansion programme continues apace.»
•
Record global
iron ore shipments of 239 million tonnes in 2011 were below
production due to extreme weather conditions experienced in the first half of the year.
•
Record global
iron ore production of 65 million tonnes was achieved in the quarter (51 million tonnes attributable) and 245 million tonnes for the full year (192 million tonnes attributable).