Site menu

Search by ticker code:
Generic filters


Search by ticker code:
Generic filters

Search by ticker code:
Generic filters

BHP Billiton Limited (ASX:BHP) Grows Copper Production In September 2018 Quarter

BHP Billiton Limited (ASX: BHP) reported that copper production increased in its September 2018 quarterly result.

BHP is one of the world’s largest resource businesses, it produces oil, copper, iron and coal.

BHP Billiton September 2018 Quarter Update:

Copper production increased by 1% to 409kt compared to the September 2017 quarter. There were higher volumes at Escondida, offset by the impact of planned maintenance and a fire at Spence, and an acid plant outage at Olympic Dam.

Petroleum product fell by 1% to 33 MMboe (Million Barrels of Oil Equivalent ). There was a natural field decline and planned maintenance at Pyrenees.

Iron ore production grew by 10% to 61Mt compared to the previous year’s September quarter. There were higher volumes at Western Australia Iron Ore (WAIO) with record quarterly production at Jimblebar and improved reliability across the rail and port operations.

Metallurgical coal production saw a 2% decline due to planned maintenance. Energy coal production fell by 1% because of lower bypass coal and a higher average strip ratio.

We are on track to meet guidance for the 2019 financial year across our commodities,” said BHP Chief Executive Officer Andrew Mackenzie.

The BHP share price is up 24% over the past year according to Google Finance.

Slow News Day? Here’s A Great Story…

The Rask Group’s Australian Investors Podcast is fast becoming Australia’s #1 podcast for serious investors. It provides unique insights from Australia’s best investors, entrepreneurs, authors and financial thinkers. Download the latest episode free on iTunesCastboxYouTube or wherever you choose to listen.

*As voted by us


$50,000 per year in passive income from shares? Yes, please!

With interest rates UP, now could be one of the best times to start earning passive income from a portfolio. Imagine earning 4%, 5% — or more — in dividend passive income from the best shares, LICs, or ETFs… it’s like magic.

So how do the best investors do it?

Chief Investment Officer Owen Rask has just released his brand new passive income report. Owen has outlined 10 of his favourite ETFs and shares to watch, his rules for passive income investing, why he would buy ETFs before LICs and more.

You can INSTANTLY access Owen’s report for FREE by CLICKING HERE NOW and creating a 100% FREE Rask Account.

(Psst. By creating a free Rask account, you’ll also get access to 15+ online courses, 1,000+ podcasts, invites to events, a weekly value investing newsletter and more!)

Unsubscribe anytime. Read our TermsFinancial Services GuidePrivacy Policy. We’ll never sell your email address. Our company is Australian owned.

Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #383169.

Skip to content