Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
Diversified major BHP Billiton’s iron-ore president Jimmy Wilson on Tuesday said that the company was looking to reduce its cash costs to below $20/t for its iron-ore product, while production improvements would be gained through little or no investment. Speaking to the Global Iron and Steel Forecast conference, in Perth, Wilson said that during the half-year ended December, the company had already reduced its cash costs by about 29%, to $20.35/t.
Diversified major BHP Billiton’s iron-ore president Jimmy Wilson on Tuesday said that the company was looking to reduce its cash costs to below $20/t for its iron-ore product, while production improvements would be gained through little or no investment. Speaking to the Global Iron and Steel Forecast conference, in Perth, Wilson said that during the half-year ended December, the company had already reduced its cash costs by about 29%, to $20.35/t.
No comments:
Post a Comment