UTC+8 ( BJT)

BHP’s Cu output up 1% on year, reviewing FY20 target

BHP’s total copper output including concentrate and cathode remained largely unchanged, up 1% on year to 425,000 tonnes in metal over January-March, but it is reviewing the production guidance for the fiscal year 2020 (July 2019-June 2020) in consideration of the possible impact of the COVID-19, according to its latest quarterly report released on April 21.
For the past nine months of FY20, BHP’s copper output still grew 5% on year to around 1.3 million tonnes in metal, but for the last quarter of FY20, however, BHP’s Chilean copper operations including Escondida may be operating with 3% less operational workforces as part of the preventative measures against the COVID-19. BHP Jan-Mar


To read the full article take a free 7-day trial to Mysteel Global

+65 6653 8227