Original article by Paul Garvey
The Australian – Page: 20 : 1-May-17

The revenue of BHP Billiton, Fortescue Metals Group, Rio Tinto and Woodside Petroleum was slashed by about $A2.9bn in the March 2017 quarter, due to heavier than usual rainfall in the Pilbara region of Western Australia. BHP has attributed its 11 per cent downturn in iron ore production in the Pilbara to the wet season. Likewise, production at the North West Shelf LNG project was 12.7 per cent lower. Meanwhile, the State Government’s iron ore royalties are likely to have been reduced by about $A170m as a result of the adverse weather conditions.

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BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, FORTESCUE METALS GROUP LIMITED – ASX FMG, WOODSIDE PETROLEUM LIMITED – ASX WPL, ATLAS IRON LIMITED – ASX AGO, AUSTRALIA. BUREAU OF METEOROLOGY