BHP Billiton to slash copper production costs, increase output
The miner expects to lower production costs to $1.08 per pound during the 2017 financial year, from a projected $1.21 per pound in the year ending June 2016.
About 200 tonnes of nickel, 50 tonnes of copper, 80 kg of platinum group metals, 2 kg of gold and 44 kg of silver were extracted last month from low-nickel pyrrhotite product.
The political upheaval catches the aluminum raw materials chain at a vulnerable moment with alumina prices already surging higher due to refinery problems.