Previous close | 0.2500 |
Open | 0.2500 |
Bid | 0.2500 |
Ask | 0.4000 |
Strike | 42.50 |
Expiry date | 2025-02-21 |
Day's range | 0.2500 - 0.2500 |
Contract range | N/A |
Volume | |
Open interest | 22 |
BHP reports iron ore production of around 65 Mt in the first quarter of fiscal 2025. The miner expects production in fiscal 2025 to be between 255 Mt and 265.5 Mt.
(Bloomberg) -- BHP Group Ltd. said iron ore output in its first quarter rose 2% from the year-before, as moves by major miners to ramp up production raise the specter of over-supply.Most Read from BloombergInside the ‘Utopias’ of Mexico CityOne City’s Plan to Re-Link a Neighborhood That Robert Moses DividedHow Mexico City Averted All-Out DroughtChicago Should Consider Furloughs, Higher Booze Tax, Watchdog SaysMexico Seeks to Halve Permitting Time to Attract More FactoriesThe world’s largest mine
(Reuters) -Global miner BHP beat first-quarter iron ore output estimates on Thursday, spurred by easing of bottlenecks at its Western Australia operations amid efforts by China to revive its grappling property market and faltering economic growth. The world's largest listed miner over the last year has ramped up the South Flank mine to full production capacity and streamlined its port operations for its Western Australian iron ore business. Vale plans to further lift its production, while Rio's Simandou mine will begin production next year.