|
Total
iron ore production increased by two per cent to 121 Mt (137 Mt on a 100
per cent basis). Guidance for the 2020 financial year remains unchanged at
between 242 and 253 Mt (273 and 286 Mt on a 100 per cent basis), with a
stronger second half performance expected in line with our plans.
At
WAIO, higher volumes reflected record production at Jimblebar and the
impact of the train derailment in the December 2018 half year. This was
partly offset by a major car dumper maintenance campaign (completed on 16
October 2019) to further improve port reliability and provide a stable
base for our tightly coupled supply chain. Mine operations continued to
deliver consistent performance.
Consistent
with our revised mine plan, we expect Jimblebar fines Fe grade to improve
in the second half of the 2020 financial year, with the typical
specification returning to above 60 per cent in the June 2020 quarter.
Mining
and processing operations at Samarco remain suspended following the
failure of the Fundão tailings dam and Santarém water dam on 5
November 2015. Approval of the Corrective Operating Licence (LOC) for
Samarco’s operating activities at its Germano Complex was received in
October 2019 and operation readiness activities for restart have
commenced. Restart can occur when the filtration system is complete and
Samarco has met all necessary safety requirements, and will be subject to
final approval by Samarco’s shareholders.
T1: Iron Ore Production Summary
|
Production
|
Dec
H19
|
Dec
Q19
|
Dec
H19 vs Dec H18
|
Dec
Q19 vs Dec Q18
|
Dec
Q19 vs Sep Q19
|
FY20
guidance
|
|
Iron ore (Mt)
|
121
|
60
|
2%
|
4%
|
-1%
|
242
- 253
|
|
WAIO (100% basis) (Mt)
|
137
|
68
|
2%
|
4%
|
-2%
|
273
- 286
|
T2: Iron Ore Production Summary
|
|
Dec
H19
|
Dec
Q19
|
Dec
H19 vs Dec H18
|
Dec
Q19 vs Dec Q18
|
Dec
Q19 vs Sep Q19
|
|
Iron ore (Mt)
|
121,400
|
60,395
|
2%
|
4%
|
-1%
|
T3: Iron Ore Production Summary
|
|
|
Quarter
ended
|
Half
Year to date
|
|
Production (kt) (1)
|
BHP
interest
|
Dec
2018
|
Mar
2019
|
Jun
2019
|
Sep
2019
|
Dec
2019
|
Dec
2019
|
Dec
2019
|
|
Newman
|
85%
|
17,578
|
15,608
|
17,058
|
16,316
|
15,766
|
32,082
|
33,956
|
|
Area C Joint Venture
|
85%
|
10,280
|
11,627
|
13,837
|
12,620
|
12,727
|
25,347
|
21,976
|
|
Yandi Joint Venture
|
85%
|
15,627
|
15,214
|
17,486
|
17,827
|
14,857
|
32,684
|
32,497
|
|
Jimblebar
|
85%
|
14,326
|
13,658
|
14,209
|
14,239
|
17,045
|
31,284
|
30,679
|
|
Wheelarra
|
85%
|
30
|
10
|
5
|
3
|
0
|
3
|
144
|
|
Samarco
|
50%
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total
|
|
57,841
|
56,117
|
62,595
|
61,005
|
60,395
|
121,400
|
119,252
|
Note:
(1) Iron ore production is reported on a wet tonnes basis.
T4: Iron Ore Production & Sales
|
|
Quarter
ended
|
Half
Year to date
|
|
Pilbara, Australia
|
Dec
2018
|
Mar
2019
|
Jun
2019
|
Sep
2019
|
Dec
2019
|
Dec
2019
|
Dec
2019
|
|
Production (kt)
|
|
|
|
|
|
|
|
|
Newman
|
17,578
|
15,608
|
17,058
|
16,316
|
15,766
|
32,082
|
33,956
|
|
Area C Joint Venture
|
10,280
|
11,627
|
13,837
|
12,620
|
12,727
|
25,347
|
21,976
|
|
Yandi Joint Venture
|
15,627
|
15,214
|
17,486
|
17,827
|
14,857
|
32,684
|
32,497
|
|
Jimblebar
|
14,326
|
13,658
|
14,209
|
14,239
|
17,045
|
31,284
|
30,679
|
|
Wheelarra
|
30
|
10
|
5
|
3
|
0
|
3
|
144
|
|
Total production
|
57,841
|
56,117
|
62,595
|
61,005
|
60,395
|
121,400
|
119,252
|
|
Total production (100%)
|
65,515
|
63,609
|
71,133
|
69,257
|
68,044
|
137,301
|
134,857
|
|
Sales
|
|
|
|
|
|
|
|
|
Lump
|
14,020
|
13,603
|
15,568
|
14,785
|
15,982
|
30,767
|
29,034
|
|
Fines
|
44,059
|
41,981
|
48,064
|
45,509
|
45,785
|
91,294
|
90,586
|
|
Total
|
58,079
|
55,584
|
63,632
|
60,294
|
61,767
|
122,061
|
119,620
|
|
Total sales (100%)
|
65,758
|
62,853
|
72,173
|
68,291
|
69,481
|
137,772
|
135,179
|
|
Samarco, Brazil(kt)
|
|
|
|
|
|
|
|
|
Production
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Sales
|
10
|
0
|
0
|
0
|
0
|
0
|
10
|
Official
Document
|
(To contact the reporter on this story: cody.wang@steelhome.cn or 86-555-2238837) |
