BHP Suspends Smallest Iron Ore Operation to Boost Efficiency
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BHP Billiton Ltd., the world’s biggest mining company, said it’s suspending output at its smallest iron-ore operation to cut costs.
“We have made the decision to suspend production at our Yarrie operation until further notice,” Jimmy Wilson, BHP’s iron ore president, said today in an e-mailed statement. BHP took this decision as “an additional productivity measure” for the iron ore business.