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

2022-01-19 04:47:00 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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BHP says Omicron’s effects will persist into late financial 2022Workforce absenteeism arising from the Covid-19 Omicron variant is anticipated to continue, the miner says

BHP says Omicron’s effects will persist into late financial 2022Workforce absenteeism arising from the Covid-19 Omicron variant is anticipated to continue, the miner says

Too soon to say Omicron heralds end of pandemic, Fauci saysResistance to time-tested public health measures has hindered the fight against Covid-19, says Anthony Fauci, the top medical adviser to US president

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Australia records its worst day of pandemicOmicron variant drives up hospital admissions to new highs

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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.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.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.

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. 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. With the country in the grip of an Omicron wave, BHP’s production of some commodities fell in the December quarter. 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. Labour constraints and wet weather also forced the global miner to cut its annual forecast for metallurgical coal. "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. Other scientists and government officials have expressed optimism thatOmicron’s rapid spread and milder outcomes could signal an eventual shift to learning to live with the virus, much like the world does with seasonal flu.

Rio Tinto forecast slightly weaker-than-expected 2022 iron ore shipments on Tuesday, partly due to tight labour market conditions. Rio Tinto forecast slightly weaker-than-expected 2022 iron ore shipments on Tuesday, partly due to tight labour market conditions. Rio Tinto forecast slightly weaker-than-expected 2022 iron ore shipments on Tuesday, partly due to tight labour market conditions. 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 $3.9-million tonnes, helped by a strong performance at its Jimblebar mine and ramped up production at its $3.6bn South Flank project.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. "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.

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. The miner’s shares were flat by 3. The miner’s shares were flat by 3.35am GMT, while the broader market fell 0.9%.9%.  Reuters . Reuters. Fauci, 81, said resistance to time-tested public health measures has hindered the fight against Covid-19.