BHP Q4 Iron Ore Production Declines
MELBOURNE (dpa-AFX) - BHP (BHP.AX, BLT.L, BBL, BHP) reported that its fourth-quarter total iron ore production declined 2.2% to 65.25 million tonnes from 66.73 million tonnes in the previous year.
The company expects total iron ore production to be between 249 million tonnes and 259 million tonnes for the financial year 2022.
Western Australia Iron Ore or WAIO production for the quarter declined to 64.22 million tonnes from 66.73 million tonnes last year. Quarterly WAIO production also decreased to 72.85 million tonnes from 75.59 million tonnes in the previous year on a 100 per cent basis.
Total petroleum production for fiscal year 2021 decreased by six percent to 103 MMboe, with volumes slightly above the top end of guidance range.