bhp aims to slash iron ore costs to become cheapest supplier

20
Dec

BHP Billiton Outlines Plan to Cut Costs on Iron Ore - …

 · BHP, the world's largest mining company but the No. 3 iron ore producer behind Vale and Rio Tinto, outlined the cost-cutting and expansion plan, although iron ore …

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Dec

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Dec

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Rio Tinto CEO Defends Iron-Ore Supply Expansion - WSJ - WSJ- cost of iron mining equipment,8 Nov 2014 2 iron-ore miner, is one among a trio of global producers, including If you're the lowest-cost producer, you will be in a particularly Mr Walsh said Rio and Chinalco will jointly donate $26 million worth of equipment andMining companies news ...

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Dec

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Oct 07, 2014· MELBOURNE, Australia — The British-Australian mining company BHP Billiton aims to cut its iron ore production costs by more than 25 percent and squeeze more tons from its mines as it aims to overtake Rio Tinto as the world's cheapest producer, BHP said on Monday. BHP…

20
Dec

BHP Billiton inches ahead of Rio Tinto in race for title ...

BHP Billiton has overtaken arch rival Rio Tinto to become the world's lowest-cost exporter of iron ore to China, less than a year after iron ore president Jimmy Wilson threw down a challenge to ...

20
Dec

BHP Billiton Aims to Overtake Rio Tinto as Cheapest ...

Iron ore prices may be diminishing but that's not stopping BHP Billiton's (ASX:BHP) (NYSE:BHP) desire to be the world's cheapest supplier. The Australian-based company, which is currently the third-biggest producer of iron ore, is looking to cut its production costs by more than 25 percent

20
Dec

Rio Tinto to slash costs, boost asset sales | Reuters

 · Rio Tinto aims to axe $7 billion in costs over the next two years and sell more assets to cushion against weaker commodity prices, while at the same time beefing up output in its lucrative iron ...

20
Dec

Mining giant BHP goes digital in race for survival ...

At BHP's Jimblebar mine, haulage costs have shrunk by 20% since equipment was fully automated in 2018, the company says. But Pilbara is only one facet of BHP's declared strategy to become a "fully ...

20
Dec

Iron ore war: BHP to be cheapest supplier, Glencore says ...

While BHP gets ready to further expand iron ore output, Glencore's Glasenberg warns the move will make investing in African iron ore a less appealing prospect.

20
Dec

BHP CEO defends iron ore strategy as best play in gloomy ...

 · LONDON (Reuters) - BHP Billiton's chief executive said its strategy of high-volume iron ore production was the best way to profit in a gloomy market, defending a plan that has come under growing ...

20
Dec

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BHP cuts production costs in response to metal price dive. BHP Billiton, the world's largest mining company, said on Tuesday it would slash its iron ore production cost further and cut spending to better withstand a downturn in commodity prices.

20
Dec

Vale Seen Overtaking BHP, Rio as Cheapest Iron Shipper ...

 · BHP, the world's third-biggest iron-ore exporter, last year said it wants to cut production costs to less than $20 a ton, from about $25 a ton at present, excluding freight and royalty costs ...

20
Dec

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BHP Billiton aims to cut Australia iron ore costs, lift production. Mining giant BHP Billiton said Monday it planned to cut costs and lift production at its Western Australian iron ore operations as it aims to be the lowest cost supplier to China.

20
Dec

BHP plans to slash iron ore production costs | South China ...

BHP Billiton aims to cut its iron ore production costs by more than 25 per cent and squeeze more tonnes from its mines as it aims to overtake rival Rio Tinto as the world's cheapest producer ...

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Dec

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20
Dec

BHP lays out plans to become cheapest supplier - BHP …

BHP Billiton (NYSE:BHP) plans to raise its iron-ore capacity by nearly 30% without building any new mines, to become the world's most profitable producer of the steelmaking commodity.

20
Dec

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BHP aims to slash iron ore costs to become cheapest supplier BHP Billiton aims to cut its iron ore production costs by more than 25 percent and squeeze more tons from its mines as it aims …

20
Dec

BHP lays out plans to become cheapest supplier - BHP …

BHP Billiton (NYSE:BHP) plans to raise its iron-ore capacity by nearly 30% without building any new mines, to become the world's most profitable producer of the steelmaking commodity.