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BHP Reports 13% Decline in Copper Output in Q3
Oct 23, 2015 16:08Source:SMM
BHP Billiton’s copper output from ore decreased to 377,000 tonnes in the third quarter of 2015, down 3% YoY and 13% QoQ.
SHANGHAI, Oct. 23 (SMM) - BHP Billiton’s copper output from ore decreased to 377,000 tonnes in the third quarter of 2015, down 3% YoY and 13% QoQ, according to the company’s Q3 output report.
The output decline is mainly due to output slide at Escondida - the company’s largest mine– from lower ore grade.
BHP Billiton left its output target unchanged at 1.50 million tonnes for 2016 fiscal year.
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