UNDERGROUND

BHP contains costs at Queensland Coal

UNIT costs at BHP’s Queensland Coal unit decreased 1% to US$70 per tonne, reflecting higher sales volumes and favourable exchange rate movements, partially offset by the impacts from planned maintenance during the period.

 BHP's Queensland coal production is surging.

BHP's Queensland coal production is surging.

Unit cost guidance for the 2019 financial year remains unchanged and is expected to be between $68/t and $72/t.    In the medium term, BHP said it expected to lower its unit costs to about $57/t. ...

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