BHP has broken production records at the Goonyella Riverside metallurgical coal mine in Queensland and at its Western Australia Iron Ore sites after launching operations at South Flank in May.
BHP has high expectations for the future, as first production at the South Flank iron ore project in the Pilbara coincides with continued government stimulus and soaring commodity prices.
BHP has constructed 90 per cent of the South Flank iron ore project in Western Australia, keeping the development on track to start production by mid 2021.
BHP has capitalised on a 35 per cent increase in prices for its iron ore mined in the Pilbara by delivering a production record for the second half of 2020.
Monadelphous managing director Rob Velletri is confident on the prospects of the Australian iron ore sector despite uncertainties surrounding the global economy.
BHP has added more than 5000 people to its workforce in the 2020 financial year.
BHP is establishing a new company that will comprise Banjima Elders and senior company representatives to provide input into mine plans at the South Flank iron ore project in Western Australia.
BHP has now developed more than three quarters of the South Flank iron ore project in the Pilbara region of Western Australia.
BHP has overcome COVID-19 to achieve record production at its Western Australian iron ore operations, as well as at the Caval Ridge and Poitrel coal mines in Queensland.
BHP has held off a portion of its South Flank mine development in the Pilbara region of Western Australia due to its impact on cultural heritage sites belonging to the Banjima people.
Iluka Resources has taken steps to demerge its royalty business at the BHP-operated Mining Area C iron ore project in Western Australia after a company review.
BHP has finished off 2019 with a notable increase in copper production after the Olympic Dam mine in South Australia overcame an operational issue.
Fitch Solutions has predicted that Australian iron ore production will experience minimal growth from 2020 to 2029, despite new mines such as the South Flank, Koodaideri and Eliwana projects coming online.
Stay on top of the most popular stories on Australian Mining over the past week, including an update on the progress being made at BHP’s South Flank iron ore project in the Pilbara.
BHP contractor Fluor Corporation has commenced the construction of the ore handling plant in the South Flank project in Western Australia.
Monadelphous Group has secured construction and maintenance contracts involving BHP in Western Australia.
Stay on top of the most popular stories on Australian Mining over the past week, including the completion of NRW Holdings’ acquisition of BGC Contracting.
Monadelphous has selected REMA TIP TOP Australia to install more than 50 kilometres of conveyor belting for the $US3.6 billion ($5.26 billion) BHP Western Australian Iron Ore South Flank project in the Pilbara.
Iluka Resources to see an increase in annual iron ore production within its Mining Area C royalty with BHP due to the development of the South Flank project in Western Australia.
Stay on top of the most popular stories on Australian Mining over the past week, including the latest contract Rio Tinto has awarded for the development of the Koodaideri iron ore project in Western Australia.