BHP Billiton eyes cost savings for iron ore, met coal operations

BHP Billiton said it would lower its Western Australia Iron Ore operations’ unit costs to $16 per tonne during the 2016 financial year, and that for its Queensland metallurgical coal business to $67 per tonne.

These would represent reductions of 21% and 5.3% respectively from levels in the half year ended December 31, according to a statement from the miner released on Tuesday May 12. The unit cash costs exclude freight and royalties,...


Daisy Tseng

May 12, 2015

10:59 GMT