BHP says Omicron’s effects will persist into late financial 2022

2022-01-19 12:15:00 PM

BHP says Omicron’s effects will persist into late financial 2022

BHP says Omicron’s effects will persist into late financial 2022

Workforce absenteeism arising from the Covid-19 Omicron variant is anticipated to continue, the miner says

Indranil Sarkar and Shashwat AwasthiPicture: 123RF/grispbMining giant BHP joined rival Rio Tinto on Wednesday in warning of further disruptions from Covid-19, including labour shortages, and said the effects of the Omicron variant would last into the second half of its financial year.

BHP said the proposed easing of border restrictions in Western Australia on February 5 may also cause some short-term disruption to the operating environment as the pandemic evolves in the state.The mineral-rich state has maintained a hard line on border controls during the pandemic, while a surge of Omicron cases across Australia has caused a dearth of workers in mines as well as train drivers to transport millions of tonnes of commodities.

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19 January 2022 - 10:53 Indranil Sarkar and Shashwat Awasthi Picture: 123RF/grispb Mining giant BHP joined rival Rio Tinto on Wednesday in warning of further disruptions from Covid-19, including labour shortages, and said the effects of the Omicron variant would last into the second half of its financial year.17 January 2022 - 17:04 Andy Hoffman and Corinne Gretler Anthony Fauci, the top medical adviser to the U.Soccer WATCH | AFCON: Ghana v Gabon, Andre Ayew’s EXPLOSIVE press conference! It’s fair to say SA fans have little to no love for Ghana after what transpired in their 2022 Soccer World Cup qualifier late last year.18 January 2022 - 09:13 Renju Jose People queue at a walk-in COVID-19 testing site in Melbourne, Australia on January 5 2022.

BHP said the proposed easing of border restrictions in Western Australia on February 5 may also cause some short-term disruption to the operating environment as the pandemic evolves in the state. The mineral-rich state has maintained a hard line on border controls during the pandemic, while a surge of Omicron cases across Australia has caused a dearth of workers in mines as well as train drivers to transport millions of tonnes of commodities. president, said it’s too soon to say whether the omicron variant will herald a shift in the Covid-19 pandemic to endemic. With the country in the grip of an Omicron wave, BHP’s production of some commodities fell in the December quarter. Labour constraints and wet weather also forced the global miner to cut its annual forecast for metallurgical coal. “It’s an open question as to whether Omicron is going to be the live virus vaccination everyone is hoping for,” Fauci said on Monday at the World Economic Forum’s Davos Agenda online conference. "Workforce absenteeism arising from the Covid-19 Omicron variant is anticipated to continue into the early part of the second half of the 2022 financial year," the company said. Only four of those who died in New South Wales had received their booster shot, prompting the state’s health officials to urge people to avoid delays and get their third dose soon.

Rio Tinto forecast slightly weaker-than-expected 2022 iron ore shipments on Tuesday, partly due to tight labour market conditions. Pfizer’s CEO Albert Bourla told French newspaper Le Figaro that life could soon return to normal. Still, BHP’s second-quarter iron ore production from Western Australia rose 5% to 73.9-million tonnes, helped by a strong performance at its Jimblebar mine and ramped up production at its $3. At the same time, he noted that it’s important to focus on fighting the over-arching pandemic rather than reacting to every new variant, which is why research efforts should be on vaccines that can give broad protection across mutations.6bn South Flank project. "With iron ore driving so much of the cash flow, the impact from today's result should be relatively muted considering the relative strength there will likely help to offset downgrades elsewhere," RBC Capital Markets analyst Kaan Peker said. “You’ll be chasing it forever. Amid rising hospital admissions, Victoria on Tuesday declared a “code brown” in hospitals, usually reserved for shorter-term emergencies, that would give hospitals the power to cancel non-urgent health services and cancel staff leave.

BHP shareholders are set to vote on Thursday on whether to unify its structure, bringing its dual-listing in London within a single Australia-listed company. The miner’s shares were flat by 3. Next steps Speaking on the same panel, moderated by Bloomberg Television’s Francine Lacqua, Moderna CEO Stephane Bancel said he hoped to share data soon with regulators on his company’s Omicron-specific vaccine.35am GMT, while the broader market fell 0.9%. And we’re hoping in the March time frame we should be able to have data to share with regulators to figure out the next step forward,” he said.  Reuters . So far, Australia has reported about 1.