BHP Billiton adds 80 million tonnes of iron ore capacity

BHP Billiton officially announced the first iron ore production.

On May 20, BHP Billiton officially announced the first iron ore production at its South Flank mine in the central Pilbara, Western Australia. It is understood that the mine can be stable annual output of 80 million tons of iron ore.

Iron ore supply is increasing and global demand is weakening due to the epidemic and other reasons. In the coming period of time, iron ore prices are likely to enter a volatile and weak movement.

Leave a Comment

Your email address will not be published. Required fields are marked *

ten + 20 =