BHP to cash in on record Olympic Dam production

BHP to cash in on record Olympic Dam production

BHP Olympic Dam Asset President Jennifer Purdie in front of the new Olympic Dam refinery crane. The company also increased its iron ore production, chiefly out of Western Australia, as booming Chinese demand continued to drive record prices.

The publicly-listed company released its Quarterly Activities Report to the Australian Securities Exchange this morning, which is likely to point to a strong financial result for the year.

Olympic Dam copper production increased by 20 per cent to 205,000 tonnes for the year, reflecting improved smelter stability and strong underground mine performance, the company said.

This was up from 172 kilotons of copper in the 2020 financial year, which was 7 per cent up on 2019.It also achieved record gold production of 146,000 ounces in FY21.“This strong performance is a reflection of the capability and commitment of our employees and contractors, the strength of our systems and the support of our business partners,” BHP […]

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