Oct 21 (Reuters) - BHP Group's ( BHP ) first-quarter
iron ore output came in a little lower than estimates on
Tuesday, as planned maintenance, including rebuilding of a piece
of equipment at Port Hedland, weighed on production at its
Western Australian operations.
The world's largest listed miner said iron ore production
from its Western Australia mine operations on a 100% basis was
70.2 million metric tonnes (Mt) in the three months ended
September 30, compared with a Visible Alpha consensus estimate
of 71.55 Mt.
BHP had recorded iron ore output from its Western Australian
operations of 71.6 Mt a year earlier.
Sales from the operations were broadly in line with the
prior year, with BHP reporting a 5% sales rise of higher-value
lump.
The major rebuild of Car Dumper 3 at Port Hedland, which
reduced volumes by 4.3 million tonnes on a 100% basis, was
completed about 8% ahead of schedule, BHP said.
Car Dumper 3 is a massive machine that unloads iron ore from
trains for export and has been rebuilt to extend its life, boost
reliability, and keep operations running smoothly after years of
heavy use.
BHP kept its fiscal 2026 output forecast for Western
Australia iron ore unchanged at between 284 Mt and 296 Mt.
The group's total copper production for the quarter gained
4% to 493.6 kilo tons and the company kept its 2026 output
estimates unchanged.
BHP added that both stages of Canada's Jansen potash
project were making solid progress, with Stage 1 being 73%
complete and on track to start production in 2027. The Stage 2
has reached 13% completion.