Overseas four major mines, Vale, Rio Tinto, BHP and FMG, recently rele

Published: Aug 23, 2023 13:43

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Overseas four major mines, Vale, Rio Tinto, BHP and FMG, recently released their second quarter operating reports. Overall, the four major mines are operating well. In the first half of the year, the total iron ore output was 57,545.7 million tons, an increase of 12,624 million tons year-on-year. In terms of individual mines, Vale's output has increased steadily, the sales ratio has improved compared to the same period last year, and the application for mining permits has made new progress; Rio Tinto has achieved capacity replacement with the Guadalupe project, and the supply of the Pilbara region has increased significantly, but the annual output target of IOC has been lowered due to the fire in Canada; BHP's performance exceeded expectations and the annual output target was raised; FMG's performance was strong, and the shipment reached a new high. Under the expectation that the Iron Bridge project will be put into production in the third quarter, the annual shipment target was raised.

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