BHP Group increased iron ore production in its third quarter, helped by Pilbara’s return to normal post-Covid production, but concerns over China and Australia’s labor problems clouded the numbers.
Heavy rains also impacted coal production, although increases in copper, nickel and iron ore helped offset this.
Liberum noted: “BHP reported a decent set of results today, but the biggest blemishes were weakness in thermal coal production, which fell 33% q/q. and hit coal below…
