{"id":382483,"date":"2011-04-20T01:42:36","date_gmt":"2011-04-20T01:42:36","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/04\/20\/bhp-billiton-warns-on-coal-output\/"},"modified":"2011-04-20T01:42:36","modified_gmt":"2011-04-20T01:42:36","slug":"bhp-billiton-warns-on-coal-output","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/04\/20\/bhp-billiton-warns-on-coal-output\/","title":{"rendered":"BHP Billiton warns on coal output"},"content":{"rendered":"<p><div readability=\"56.8051575931\"><span><span>19 April 2011<\/span> <span>Last updated at<\/span> <span>21:42 ET<\/span><\/span><\/p>\n<div readability=\"36\">\n<div>\n<div readability=\"7\"><img decoding=\"async\" class=\"holding\" src=\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/04\/d736a3a1de09_bhpguy.jpg.jpg\" alt=\"Jonathan Barratt, of Commodity Broking, Sydney\" \/><\/p>\n<p><strong>Please turn on JavaScript.<\/strong> Media requires JavaScript to play.<\/p>\n<\/div><\/div>\n<p>China&#8217;s demand for iron ore &#8216;will come off the boil&#8217;, says Jonathan Barratt, of Commodity Broking, in Sydney<\/p>\n<\/div>\n<p>BHP Billiton, the world&#8217;s biggest miner, has warned that floods are continuing to affect its coal operations in Australia.<\/p>\n<p>The company said in a report that output of iron ore was up 7% between January and March, compared to the same period the year before.<\/p>\n<p>But output of coal fell 18% from a year earlier<\/p>\n<p>BHP is the world&#8217;s largest supplier of coking-coal, used to make steel, through a joint venture.<\/p>\n<p>Production of metallurgical coal dropped to 6.7m tonnes between January and March from 8.2m tonnes in the same period last year.<\/p>\n<p><span>Floods&#8217; impact<\/span><\/p>\n<p>BHP&#8217;s coal production is mainly in the Bowen Basin, in the northeastern part of Australia, an area that has seen record floods since the beginning of the year.<\/p>\n<p>The company said wet conditions were likely to continue to affect its operations in the Bowen Basin for the rest of the year.<\/p>\n<p>&#8220;Sales and unit costs are likely to be impacted, to some extent, for the remainder of the 2011 calendar year,&#8221; BHP said in the report.<\/p>\n<\/div>\n<p><img decoding=\"async\" src=\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/04\/d736a3a1de09_bhpguy.jpg-150x150.jpg\" \/><\/p>\n<p>Read more here:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.bbc.co.uk\/go\/rss\/int\/news\/-\/news\/business-13138959\" title=\"BHP Billiton warns on coal output\" rel=\"noopener noreferrer\">BHP Billiton warns on coal output<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> 19 April 2011 Last updated at 21:42 ET Please turn on JavaScript. Media requires JavaScript to play<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-382483","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BHP Billiton warns on coal output - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/04\/20\/bhp-billiton-warns-on-coal-output\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"BHP Billiton warns on coal output - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"19 April 2011 Last updated at 21:42 ET Please turn on JavaScript. 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