BHP Billiton: iron ore production reached 66 million tons in the third quarter, up 8% from the same period last year.

SMM10: today BHP (BHP) released its production and sales report for the third quarter of 2020, which showed that total iron ore production increased by 8% to 66 million tons (74 million tons, based on 100% equity) in the third quarter of 2020. Total iron ore production in the first three quarters of 2020 was 218 million tons.

The guidance for fiscal year 2021 remains unchanged, and BHP Billiton's iron ore target guidance for fiscal year 2021 (July 2020 to June 2021) is 276-286 million tons.

In terms of sales: BHP Billiton sold 73.36 million tons of iron ore in the second quarter, down 5% from a month earlier and up 7% from a year earlier. Total sales in the first three quarters of 2020 were 219 million tons, an increase of 7 per cent over the same period last year.

In terms of mining projects, the output of the Jimblebar mine in the West Pilbara region broke through a new high. In the third quarter, the maintenance work of the No. 3 unloading truck was completed as planned, and the maintenance work of the No. 4 unloading truck will continue in the fourth quarter.

In addition, the Samarco mine in Brazil is still in a state of suspension.