BHP 1Q Output Down on Maintenance Work
October 16 2019 - 5:09PM
Dow Jones News
By Rhiannon Hoyle
SYDNEY--BHP Group Ltd. (BHP.AU) said production of commodities
including iron ore, coal and petroleum was weaker during its first
fiscal quarter, mainly because of planned maintenance work.
BHP, the world's biggest mining company by market value, said
Thursday it produced 61 million metric tons of iron ore during the
three months through September, down 1% on the same period a year
ago. Volumes were lower because of maintenance activities at the
Port Hedland port facility on Australia's northwest coast, it
said.
At 29 million barrels of oil equivalent, the company produced
11% less petroleum than the year-earlier period. That was in big
part due to planned maintenance at the North West Shelf operations
and Tropical Storm Barry in the Gulf of Mexico, BHP said.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
(END) Dow Jones Newswires
October 16, 2019 17:54 ET (21:54 GMT)
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