Energy BHP loses three weeks copper output due to blackout – executive

BHP loses three weeks copper output due to blackout – executive

A logo for mining company BHP Billiton adorns a sign outside the Perth Convention Centre where their annual general meeting was being held in Perth, Western AustraliaBHP Billiton (BHP.AX) (BLT.L) said on Tuesday it lost about three weeks worth of production from its Olympic Dam copper mine in Australia due to a power outage in late September.

As a result, the mine’s original output guidance of 200,000 tonnes for fiscal year 2017 was under review, the mine’s chief, Jacqui McGill said.

A massive blackout in South Australia state on Sept. 28 forced BHP to suspend production in order to divert back-up power to maintain essential operations.

“It was touch and go while we were reheating things,” McGill said at a mining conference in Melbourne. “I’m very pleased to say we’re at full operations.”

Based on copper prices of $4,800 a tonne at the time, BHP lost about $2.6 million (2 million pounds) a day in production during the shutdown.

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