RIO, BHP, FMG back to work post-cyclone

Company News


Western Australia’s biggest mining operations are getting back into gear less than a week after Tropical Cyclone Christine hit the state’s coast. 
 
Some of Australia’s biggest miners, Rio Tinto Limited (ASX:RIO), BHP Billiton Limited (ASX:BHP) and Fortescue Metals Group Limited (ASX:FMG) were impacted by the cyclone. 
 
Most of Australia’s iron ore exports came to a standstill last weekend when the country’s largest port, Port Hedland, went into lockdown mode ahead of the category-three cyclone hitting the coast on Monday evening.
 
A Rio Tinto spokesperson told the media the company had now started the recovery process at its ports, rail operations and coastal towns. 
 
BHP Billiton is understood to have resumed its Port Hedland operations while Fortescue told the media there have been no reports of damage to infrastructure. 
 
While the miners may be breathing a sigh of relief the threat of more cyclones is still a reality with the region’s cyclone season usually occurring between November to the end of April.
 
Rio Tinto reported a net profit of $1.8 billion in the first half of the 2013 calendar year.

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