BHP Iron Ore Output Rises 17% Amid Global Glut
Interactive Video
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Business, Chemistry, Science
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University
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Hard
Wayground Content
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is BHP's approach to dealing with falling iron ore prices?
Reducing production to stabilize prices
Increasing production to maximize infrastructure value
Halting production until prices recover
Focusing solely on coal production
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the market react to BHP's production numbers?
Negatively, with a drop in share prices
Confused, with volatile share prices
Positively, with an increase in share prices
Indifferently, with no change in share prices
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has been the effect of increased iron ore production on the shipping industry?
Reduced charter rates for small ships
No impact on the shipping industry
Increased charter rates for large ships
Decreased demand for large ships
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What recent action did China take regarding Australian coal?
Removed all tariffs on coal imports
Increased tariffs on thermal and cooking coal
Banned all coal imports from Australia
Subsidized Australian coal imports
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the suggested way to remove the newly imposed Chinese tariffs on Australian coal?
Increase coal production
Negotiate a free trade agreement
Impose counter-tariffs on Chinese goods
Stop coal exports to China
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