News: BHP BHP Group Posts Qtrly WAIO Iron Ore (100% Basis) Production Of 72.1 Mt

Oct 19 (Reuters) - BHP Group Ltd (BHP) :

• QTRLY COPPER PRODUCTION 410.1 KT VERSUS 376.5 KT REPORTED LAST YEAR
• QTRLY NICKEL PRODUCTION 20.7 KT VERSUS 17.8 KT REPORTED YEAR AGO
• QTRLY WAIO IRON ORE (100% BASIS) PRODUCTION 72.1 MT VERSUS 70.6 MT REPORTED YEAR AGO
• SAYS ALL PRODUCTION AND UNIT COST GUIDANCE REMAINS UNCHANGED FOR 2023 FINANCIAL YEAR
• QTRLY NSWEC ENERGY COAL PRODUCTION 2.6 MT VERSUS 4.2 MT REPORTED YEAR AGO
• JANSEN STAGE 1 IS TRACKING TO PLAN
• TARGETING JANSEN STAGE 1 FIRST PRODUCTION IN 2026 CALENDAR YEAR AND HAVE ACCELERATED JANSEN STAGE 2 STUDY
• SOUTH FLANK RAMP UP TO FULL PRODUCTION CAPACITY OF 80 MTPA REMAINS ON TRACK
• WAIO PRODUCTION GUIDANCE FOR 2023 FINANCIAL YEAR REMAINS UNCHANGED
• EXPECT GLOBAL MACRO-ECONOMIC UNCERTAINTY IN SHORT TERM TO CONTINUE TO AFFECT SUPPLY CHAINS, ENERGY COSTS, LABOUR MARKETS
• EXPECT GLOBAL MACRO-ECONOMIC UNCERTAINTY IN SHORT TERM TO CONTINUE TO AFFECT EQUIPMENT AND MATERIALS AVAILABILITY
• BHP AND ALINTA ENERGY ENTERED A MEMORANDUM OF UNDERSTANDING IN RELATION TO DEVELOPMENT OF SHAY GAP WIND FARM
• AT OAK DAM IN SOUTH AUSTRALIA, BHP IS CONTINUING NEXT STAGE RESOURCE DEFINITION DRILLING WITH SIX DRILL RIGS
• OUR MAJOR POTASH PROJECT UNDER DEVELOPMENT IS TRACKING TO PLAN
• ARE UNABLE TO MAKE SIGNIFICANT NEW INVESTMENTS IN QUEENSLAND FOR METALLURGICAL COAL
• TRIPLING OF TOP END COAL ROYALTIES BY QUEENSLAND GOVERNMENT REMAINS SERIOUS CONCERN

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