BHP’s iron ore production increased by eight per cent
In its Operational Review for the quarter ended 30 September 2020, BHP has reported that its total iron ore production increased by eight per cent to 66 Mt (74 Mt on a 100 per cent basis). Guidance for the 2021 financial year remains unchanged at between 244 and 253 Mt (276 and 286 Mt on a 100 per cent basis).
Mining and processing operations at Samarco remain suspended following the failure of the Fundao tailings dam and Santarem water dam on 5 November 2015.
Restart can occur when the filtration system is complete and Samarco has met all necessary safety requirements, and will be subject to final approval by Samarco’s shareholders.