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0.000729181857955333 -0.000947936415341953 -0.00160420008750181 -0.00306256380341269 -0.00946332215254481 -0.00831267318069137 0.00350007291818572 0.00554178212046078
Stock impact report

BHP Balances Autonomous Copper Expansion With Jimblebar Iron Ore Setback [Yahoo! Finance]

BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) (BHP) 
US:NYSE Investor Relations: bhp.com/investor-centre
Company Research Source: Yahoo! Finance
BHP Group (ASX:BHP) has converted its Escondida Norte pit into a fully autonomous mining operation, reaching a major operational milestone. The company reports improvements in safety and productivity from autonomy at Escondida Norte, supporting its long term copper plans. At the same time, BHP is dealing with China's ongoing ban on Jimblebar iron ore, which is affecting sales into that market. The restriction on Jimblebar ore is prompting BHP to redirect volumes to other buyers, with potential commercial and pricing implications. BHP Group, listed as ASX:BHP, is one of the largest diversified miners, with core exposure to iron ore, copper and other commodities. The move to fully autonomous operations at Escondida Norte fits with a broader industry push toward technology, automation and safety gains in large scale mining. For copper in particular, efficient long life assets are a key focus area for many global miners. For you as an investor, these developments highlight how Show less Read more
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