COMPANIES

Copper dampens BHP iron ore record

Buoyed by stronger-than-expected iron ore prices during the second half of 2016, BHP Billiton’s (AU:BHP) Western Australia hub produced a record amount of the steel raw material in the last six months of the year.

An iron ore production record in Western Australia has been offset by past and current issues at BHP’s copper division

An iron ore production record in Western Australia has been offset by past and current issues at BHP’s copper division

While the company is still trying to negotiate a restart of its Samarco operations in Brazil with partner Vale (BR:VALE3) following a tailings dam collapse in November 2015, the continued ramp up of capacity...

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