CimbriaGeneva DryVan AalstSailors SocietyTBA GroupPort of South Louisiana
  • Vigan
  • Geneva Dry
  • Port of South Louisiana
  • Van Aalst
  • TMS Awards 2023
  • Port of Stockton

BHP Operational Review for the year ended 30 June 2023

BHP Operational Review for the year ended 30 June 2023

(Posted on 09/08/23)

BHP Chief Executive Officer, Mike Henry has reported that, “The financial year was marked by the deaths of Jody Byrne and Nathan Scholz. These tragic events underscore the absolute importance of safety and we are resolute in our commitment to eliminating fatalities and serious injuries at BHP.

“BHP finished the year with a strong fourth quarter, increasing annual production across the board and achieving annual records at WAIO, Olympic Dam and Spence. WAIO shipped record volumes on the back of productivity in its supply chain, rail network and car dumpers, while South Flank completed its deployment of autonomous haul trucks in May and is on track to ramp up to full production in the next 12 months. Olympic Dam’s improved reliability and productivity delivered record annual output in copper, gold and silver, and the integration of OZ Minerals into our South Australian copper business is expected to lift production to between 310 and 340 kt in FY24. At Escondida, the team managed through operational challenges to deliver solid production and position the asset to increase output further in FY24. Our Queensland coal operations achieved strong underlying performance including the transition to autonomous fleets at Goonyella Riverside and Daunia, offsetting the impact of significant wet weather.

“Inflationary pressures impacted our business in the year, and we remain laser focused on safety and productivity to remain competitive. Competitiveness will be ever more important as we enter the new financial year and at a time when there are new challenges and opportunities to resource development and global economic volatility.

“BHP’s portfolio is geared towards high quality steelmaking and growth options in future facing commodities. The Jansen potash project in Canada remains ahead of plan and studies for Stage 2 are progressing. Through the year, BHP made strategic investments and exploration progress in copper and nickel prospects globally, including Kabanga in Tanzania, Oak Dam in Australia, Filo Mining with the Filo del Sol project in Argentina and Chile, and Ocelot in the United States, as well as Serbia and Peru.”

Latest News

SSAB postpones commissioning of new steel mill in Luleå by 12 months

(Posted on 20/06/25)

SSAB has commenced preparatory work to build a new, state-of-the-art steel mill in Luleå, Sweden... Read more


Anglo American streamlines leadership team to reflect portfolio progress

(Posted on 20/06/25)

Anglo American plc has streamlined its executive leadership team to reflect substantial progress with... Read more


NeoSmelt welcomes Government support for steel decarbonisation project

(Posted on 20/06/25)

NeoSmelt, a consortium of leading resources, energy and manufacturing companies working together on... Read more


Telestack announces new iron ore project

(Posted on 16/06/25)

Northern Ireland based Telestack have announced that they have been awarded a contract for the supply... Read more


Bühler opens grain puffing technology centre

(Posted on 15/06/25)

Bühler has opened its new Puffing Application Center in Uzwil, Switzerland, providing food... Read more


Ore sorting demonstration project at Havre-Saint-Pierre mine launched

(Posted on 15/06/25)

Rio Tinto is investing CA$7.6 million in an industrial demonstration project to assess the integration... Read more


Bühler sets new global standard with state-of-the-art Milling Academy

(Posted on 15/06/25)

Bühler has opened a new, state-of-the-art Milling Academy – a 1,800-square-meter training... Read more


Anglo American completes demerger of Valterra Platinum

(Posted on 06/06/25)

Anglo American plc has announced that it has completed the demerger of c.51% of the Company’s... Read more


Western Range iron ore mine in Pilbara opened with Yinhawangka owners

(Posted on 06/06/25)

Rio Tinto has officially opened its newest iron ore mine, Western Range, with Western Australian Premier... Read more


Heidelberg presents Strategy 2030 to accelerate profitable growth

(Posted on 02/06/25)

Heidelberg Materials has presented its “Strategy 2030: Making a Material Difference” at... Read more


ViganTelestackBühler GmbHTMS Awards 2023Port of Stockton
  • Sailors Society

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping