BHP posts second straight year of record iron ore production, beats estimates
The world's largest listed miner said iron ore output from Western Australia on a 100% basis was 76.8 million tonnes in the three months to June 30.
Copper miner Freeport Indonesia has restored operations at its huge Grasberg mine in Indonesia’s Papua region, after it was hit by floods, a company spokesperson said on Wednesday.
The company was forced to stop operation at its flagship mine in February after heavy rain and mud flows caused damaged at the facilities.
“At the moment operations at mining and our processing plant have returned to normal after the flood,” spokesperson Katri Krisnati said in a text message.
Chief executive Tony Wenas said in mid-February that a conveyor belt at Freeport’s underground mine was washed away in the floods, disrupting ore transportation.
Freeport-McMoRan Inc has cut its first-quarter copper sales forecast after the disruption at Grasberg.
(By Fransiska Nangoy; Editing by Ed Davies)
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