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BHP joins Rio on Veronica-led downgrade

LESS than 24 hours after Rio Tinto declared force majeure on its Pilbara iron ore operations in the wake of last week’s tropical cyclone, arch rival BHP has revealed the damage from Veronica’s fury could cost it 6-8 million tonnes in lost production.

BHP joins Rio on Veronica-led downgrade

BHP said there was no major damage to its operations, however the rainfall associated with the storm had led to isolated flooding both on site and sections of the rail leading into the port, forcing it...

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