BHP Billiton production report

BHP Billiton announced its production report for the quarter ended 30 September 2012.  The company has highlighted the following:

 

  • The release of latent capacity and robust operating performance across our diversified portfolio continues to underpin strong growth in our high margin businesses.
  • Petroleum production averaged a record 666 thousand barrels of oil equivalent per day during the September 2012 quarter as the Atlantis and Mad Dog facilities in the Gulf of Mexico successfully recommenced production.
  • Queensland Coal volumes rose by 20% during the September 2012 quarter as BMA production increased to over 80% of supply chain capacity
  • Western Australia Iron Ore achieved another significant milestone with first ore loaded from the two recently installed shiploaders at Nelson Point as part of the Inner Harbour Expansion project.
  • Escondida copper production remains on track to increase by 20% in the 2013 financial year following the completion of scheduled maintenance and tie-in activities in the September 2012 quarter.

 

Read BHP Billiton’s full report here >>

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