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Live News: BHP Cuts Production Outlook for Nickel and Other Metals

A worker overlooks BHP’s Escondida copper mine near Antofagasta in northern Chile. Miners maintained full-year outlook despite lowering guidance for Chile business © Ivan Alvarado/Reuters

BHP has cut production forecasts for some metals, including nickel, in line with other major miners.

The world’s largest mining company said it maintained its full-year outlook, with total copper production up in the first nine months of the year, despite lowering guidance at Chile’s Escondida mine. South Australia.

The company said the rainy weather affected its coal business.

Chief Executive Mike Henry said recent engagements with customers in China and India “reaffirmed our positive outlook for commodity demand” and helped offset slowing growth in the U.S., Japan and Europe. Said it helped

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A worker overlooks BHP’s Escondida copper mine near Antofagasta in northern Chile. Miners maintained full-year outlook despite lowering guidance for Chile business © Ivan Alvarado/Reuters

BHP has cut production forecasts for some metals, including nickel, in line with other major miners. The world’s largest mining company said it maintained its full-year outlook, with total copper production up in the first nine months of the year, despite lowering guidance at Chile’s Escondida mine. South Australia.The company said the rainy weather affected its coal business. Chief Executive Mike Henry said recent engagements with customers in China and India “reaffirmed our positive outlook for commodity demand” and helped offset slowing growth in the U.S., Japan and Europe. Said it helped
https://www.ft.com/content/d071f481-f7f1-40a3-af94-cbced553e8ac Live News: BHP Cuts Production Outlook for Nickel and Other Metals

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