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Why the BHP (ASX:BHP) share price is trading lower today

Why the BHP (ASX:BHP) share price is trading lower today Why the BHP (ASX:BHP) share price is trading lower today The BHP Group Ltd (ASX:BHP) share price is dropping on Thursday despite achieving a milestone at the South Flank mine… James Mickleboro has been a Motley Fool contributor since late 2015. After studying economics at university back home in the United Kingdom, James came to live in Australia and managed to land a job at an Australian fund manager. This was the start of a love affair with Australian equities and he hasn t looked back since. James is part of the CFA Institute s Chartered Financial Analyst program and hopes it teaches him how to become an astute investor which allows him to help others with their own investing. Outside of reading and researching he spends many a late night watching the English Premier League and Seinfeld reruns.

BHP announces first production from South Flank

BHP announces first production from South Flank South Flank is part of the Western Australia Iron Ore complex, pictured here. (Image courtesy of BHP). Even though the announcement was expected in a few days, BHP (ASX, LON, NYSE: BHP) today reported the delivery of the first production at its South Flank iron ore project in Western Australia. South Flank is an 80 Mtpa sustaining mine that, together with the existing Mining Area C, will form the largest operating iron ore hub in the world – producing 145 million tonnes of iron ore each year. This hub is known as Western Australia Iron Ore (WAIO) and is an integrated system of four processing facilities and five mines connected by more than 1,000 kilometres of rail infrastructure and port facilities in the Pilbara region.

Mining giant calls on feds to boost regional investment

Premium Content Subscriber only Regional areas such as Mackay and Central Queensland would be the big winners in next month’s budget if a mining giant gets its way. BHP has made an unexpected stand-alone submission to Treasurer Josh Frydenberg for the upcoming financial blueprint, which calls for a boost in investment to encourage nationally significant capital projects in regional areas. “This will help bolster Australia’s next wave of investment, creating confidence, employment and supply chain opportunities – particularly in regional Australia,” the submission said. The miner has also asked for the creation of a new federal skills program that partners with large employers across Australia to support the delivery of nationally recognised apprenticeship and traineeship programs.

Mining giant calls on feds to boost regional investment

Mining giant calls on feds to boost regional investment
themorningbulletin.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themorningbulletin.com.au Daily Mail and Mail on Sunday newspapers.

Mining giant calls on feds to boost regional investment

Mining giant calls on feds to boost regional investment
whitsundaytimes.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from whitsundaytimes.com.au Daily Mail and Mail on Sunday newspapers.

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