BHP Says Group Production Rises 2% in Sept Qtr
By Mike Cherney
SYDNEY--BHP Group Ltd. said group copper-equivalent production
rose 2% in the September quarter, and it largely kept its
production and unit-cost guidance unchanged for fiscal 2021.
The company said production guidance is under review at its
Cerrejon coal mine in Colombia, however, due to an ongoing strike.
It added that all guidance is subject to further potential impacts
from the coronavirus pandemic.
BHP also said that its major projects under development in
petroleum, copper and iron ore are tracking well.
"BHP has started the new financial year with a strong first
quarter of safety and production performance," BHP Chief Executive
Mike Henry said. "Group production rose 2% from a year ago driven
by solid results in metallurgical coal and iron ore."
Write to Mike Cherney at firstname.lastname@example.org
(END) Dow Jones Newswires
October 19, 2020 18:34 ET (22:34 GMT)
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