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BHP BHP Group Limited

56.40
0.82 (1.48%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
BHP Group Limited NYSE:BHP NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.82 1.48% 56.40 56.74 55.92 56.26 2,087,955 01:00:00

BHP 3Q Iron Ore Output Falls, Met Coal Output Jumps

21/04/2022 12:24am

Dow Jones News


BHP (NYSE:BHP)
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By Rhiannon Hoyle

 

BHP Group Ltd. on Thursday reported a 10% fall in iron-ore output quarter-on-quarter, but said production of metallurgical coal jumped by 20%.

The miner said it produced 59.7 million metric tons of iron ore in the January-March quarter. Volumes were weaker as Covid-19 infections affected labor availability at its pits, while the miner also grappled with a shortage of train drivers.

BHP said its production of metallurgical coal--which climbed to 10.6 million tons--was stronger because of lower rainfall than the prior period and improved truck productivity.

 

Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com

 

(END) Dow Jones Newswires

April 20, 2022 19:09 ET (23:09 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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