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BHP to ease record iron ore export rate

Peter Ker

BHP will not be able to sustain its record iron ore export rate in the next six months, in a signal that extremely high iron ore prices are unlikely to be dragged down by extra supply from Western Australia.

Australia's second-biggest iron ore miner has just completed its most productive six months on record, shipping 144.1 million tonnes of the steel-making ingredient to meet the hot demand from China.

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Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com

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    Original URL: https://www.afr.com/companies/mining/bhp-to-ease-record-iron-ore-export-rate-20210119-p56vec