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Big money for BHP

RECORD production at its Western Australian iron ore operations and higher iron ore and copper prices has helped BHP make $12.59 billion profit in the first half of 2020-21.

Karma Barndon
BHP's Jimblebar mine in Newman

BHP's Jimblebar mine in Newman

On the iron ore front BHP's Western Australia Iron Ore costs per tonne were up 10% to $18.47/t due to the stronger Australian dollar. However, in local currency terms unit costs were down 2%, thanks...

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