Production at BHP recorded a new record
Mining News Pro - BHP reported that it has achieved a new record in the annual production of the Western Australian mine and in the fiscal year ending June 30, the company`s iron ore production is recorded at 289 million tons. Also, the company`s copper production rose 32 percent to 1.75 million tons.
This growth in 2017 was largely attributable to the growth of the Scandinavian mine and increased production levels in the Los Colorados development project.
57% increase in production of the Escondido mine and its production volume increased to 1.2 million tons, mainly due to a production breach in the mine last year.
The BHP company announced that targeted production will be in the range of 1.12 to 1.18 million tons this year, as potential production growth will be offset by a significant reduction in the level of alloys. The production of copper at the Olympic Dam mine in Australia last year fell by 18% to 137,000 tonnes, mainly due to the drop in production, planned maintenance operations for the mine`s melting unit during the first half of the fiscal year and the delay in launching development operations. Is. The mine reached its full capacity in the quarter to June, according to the report.
BHP also announced that the targeted production of the mine will be in the region of 200 to 220 thousand tons this year, which will result in a sustained increase in operations and an increase in the level of mineralization in the southern regions.