BHP 1Q Output Down on Maintenance Work

Fecha : 16/10/2019 @ 17:09
Fuente : Noticias Dow Jones
Emisora : BHP Group Limited (BHP)
Cotización : 37.39  0.63 (1.71%) @ 01:50
BHP Cotización de acciones Gráfica

BHP 1Q Output Down on Maintenance Work

BHP (ASX:BHP)
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2 meses : De Sep 2019 a Nov 2019

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   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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