BHP News: BHP Shares Fall 1.2% as Weaker Coal Production Offsets Iron Ore Gains - 19th Oct 2022, 8:35am

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By Ambar Warrick

Investing.com-- Australian shares of BHP Group (NYSE:BHP) fell over 1% on Wednesday as a sharp drop in coal production during the September quarter offset steady output from its iron ore facilities.

BHP shares (ASX:BHP) fell 1.2% to A$39.140 by 21:12 ET (01:12 GMT), while those of peer Rio Tinto Ltd (ASX:RIO) fell 0.7%. In contrast, Australia’s S&P/ASX 200 index rose 0.4%.

The world’s largest miner said energy coal production in the three months to September 30 fell...

>>> Read more: BHP Shares Fall 1.2% as Weaker Coal Production Offsets Iron Ore Gains
 
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