BHP says sticks with long-term contracts on iron ore supply
BHP Billiton, the world's no. 3 iron ore miner, said on Wednesday it was linking the majority of its sales to monthly average spot prices but continued to negotiate long-term contracts for supply ...
BHP: Iron Ore Prices Likely To Decline …
BHP did close over $65 at contract expiration and our effective short price was $65+$2.85=$67.85. We did cover these short position on the way down and concluded it on May 25 with BHP at $54.87 .
BHP Australia iron ore train drivers approve 24-hour strike …
Train drivers at BHP's Pilbara iron ore operations in Australia voted to strike for 24 hours, potentially impacting supply from Western Australia mines to the Port Hedland export hub.
BHP's economic and commodity outlook (FY20 full year)
Introducing LNG fuelled vessels into BHP's iron ore value chain will help to reduce emissions by roughly one-third on a per voyage basis compared to conventional fuel. Turning quickly back to recent industry developments, Capesize fleet growth has been solid in calendar 2020 to date, with significantly fewer deletions than expected previously.
BHP Australia iron ore rail workers approve industrial action …
The work stoppages could impact its operations at the world's largest iron ore export hub at Port Hedland. BHP's iron ore operations in Western Australia state's Pilbara region include four processing hubs and five mines, connected by more than 1,000 kms (621 miles) of rail infrastructure and port facilities.
BHP extends March iron ore discounts » Metallurgprom
The JMBF discount has increased for two consecutive months to 3.5% based on the March Fe iron ore index average of 62%, while the MACF forward contract discount for March loading has been increased to 0.75% from a fixed rate for term contracts with loading in February. Market sources were largely
BHP widens Oct iron ore discounts across all medium-grade …
Australian iron ore miner BHP has widened October discounts for term contracts across Jimblebar Fines (JMBF), Mining Area C Fines (MACF) and Newman High Grade Fines …
BHP: Iron Ore Prices Likely To Decline …
We have shown the price of iron ore and BHP over the last decade to make our point. Our outlook on iron ore is hence the most important in predicting total returns over the next 3-5...
NRW Secures Significant Iron Ore Contract with BHP
NRW Holdings (ASX), a prominent mining contractor, has secured a $109 million contract with BHP (ASX ) for work at the Jimblebar Iron Ore Mine in Western Australia. The scope of the contract includes civil, structural, mechanical, and electrical work to support sustainable operations at Jimblebar.
BHP narrows Nov iron ore discounts across all medium …
Platts, part of S&P Global Commodity Insights, assessed 58% Fe Iron Ore Index at $86.10/dmt Oct. 23, and the 62% Fe Iron Ore Index at $98.25/dmt Oct. 23. NBLU discounts widen on weak fundamentals
China trims long-term iron ore contracts as glut hits market
SINGAPORE/SHANGHAI, May 30 (Reuters) - Chinese steel mills are cutting back on long-term iron ore contracts in favour of cheaper spot cargoes, confident that beaten-down prices are unlikely to rebound amid the first global ore surplus in 10 years. Miners in Australia and Brazil, who for years have earned massive profits from China's insatiable demand for iron ore, are …
BHP Moves to Short-Term Ore Contracts
BHP Billiton Ltd. said Tuesday it has moved a "significant" number of Asian customers to short-term iron-ore sales contracts from annual pricing deals, scoring a win in its campaign to move away ...
BHP Group: Strike While The Iron Is Cold (NYSE:BBL)
On a shorter-term horizon though, BHP is very tied to the price of iron ore. That commodity has taken a straight dive off the proverbial cliff and the price pressures show no signs of abating ...
BHP sees gloom ahead for iron ore
BHP's economists estimate that up to 170 million tonnes of iron ore per year could be priced out of the market if prices remain at current levels or fall below $80 per tonne. This is due to a combination of plateauing or …
BHP iron-ore train drivers vote for 24h strike from Friday
Train drivers at BHP Group's Pilbara iron-ore operations in Western Australia have voted to strike on Friday for 24 hours, potentially cutting supply to the producer's Australian …
BHP Billiton secures short-term iron ore contracts
BHP Billiton confirmed on March 30 that it has reached short-term iron ore price agreements with a significant number of customers throughout Asia. ... BHP Billiton secures short-term iron ore contracts. Tuesday, 30 March 2010 12:00:13 (GMT+3) | ...
Operational decarbonisation
Medium-term: Reduce operational emissions by at least 30 percent from FY2020 levels 2 by FY2030; Long-term: Achieve net zero operational emissions by 2050; In the past year, some important steps have …
BHP Billiton Iron Ore Negotiations
BHP Billiton today announced that it had reached agreement with a significant number of customers throughout Asia to move existing iron ore contracts that were previously priced annually onto a shorter term landed price equivalent basis. The agreements reached represent the majority of BHP Billiton's iron ore sales volume.
BHP widens March discounts for JMBF and MACF iron ore
The discount for JMBF has widened for two consecutive months to 3.5% basis the March average of 62% Fe iron ore indexes, while the term contract discount for March-loading MACF was widened to 0.75 ...
BHP resumes South Flank iron ore operations after short …
BHP's Mining Area C (MAC) and South Flank mines make up its Central Pilbara hub, part of the miner's Western Australian iron ore operations that together delivered 65 million metric tons of ...
Downer wins work contract for BHP's Port Hedland iron ore …
BHP Billiton Iron Ore Pty Ltd has awarded a three-year general maintenance services contract to Downer EDI for works at its Western Australia Iron Ore (WAIO) operations located in Port Hedland. "This new contract is testament to our Asset Services capabilities, as well as the high standards of work we provide our customers.
NRW lands major BHP iron ore contract
NRW lands major BHP iron ore contract ... In mid-August, the company said it had a solid pipeline of near-term prospects valued at $16.4 billion, with $5.5 billion of active tenders. Since releasing its FY24 results, NRW has …
Historic Agreement Ends 40 Year Old Iron Ore Benchmark …
In a historic moment for commodities markets, two of the world's largest iron ore producers, Vale SA (NYSE ADR: VALE) and BHP Billiton Ltd. (NYSE ADR: BHP) signed short-term contracts for record ...
BHP: Iron Ore Pricing Could Become A Concern …
The near-term pricing outlook isn't great. The short summary of BHP's commodity outlook is that while copper has outperformed, the steelmaking commodities, iron ore and met coal, have been under ...
Section 12 Environmental Management and …
BHP Billiton Iron Ore has developed and implemented a Health, Safety and Environmental Management System ... engineering designs, contract documents and the day-to-day construction and operation of the proposed Outer Harbour Development. ... abstraction will be a short-term activity and if aquifer drawdown does occur it is likely to recover ...
Iron ore fundamentals
BHP Billiton's US$25 billion capital investment over the last decade in our Western Australian iron ore business was made because of our confidence in the long term future of iron ore. Our iron ore resource underpins our expectation that we can mine for more than 100 years and our confidence in the business, and the market, is unchanged.
BHP iron-ore train drivers vote for 24h strike from Friday
Train drivers at BHP Group's Pilbara iron-ore operations in Western Australia have voted to strike on Friday for 24 hours, potentially cutting supply to the producer's Australian export hubs.
Update On Iron Ore Price Negotiations
The price for iron ore lump will be approximately 44 per cent lower than the contract prices agreed in the 2008 contract year. A further 30 per cent of BHP Billiton's total iron ore volumes will be sold on a mix of quarterly negotiated pricing, market clearing price …
BHP's Fair Value Reduced by 4%, Driven by Lower Iron Ore …
BHP is the world's largest miner by market capitalization. Its main operations span iron ore and copper, with smaller contributions from metallurgical coal, thermal coal, and nickel.
Welcome to BHP Billiton Iron Ore Mining Operations
Welcome to BHP Billiton Iron Ore Mining Operations Business Analysts visit 11 – 12 September 2003 ... Whaleback and Contract Mines 0.5 0.0.56 10. 5 8 8 13 2.5 2 1.2 8 55 5 3 0 5 10 15 20 25 ... • Think beyond short term / regional horizons • Gain strategic benefits • People management – become employer of choice ...