XM does not provide services to residents of the United States of America.

BHP says iron ore supply not affected by minor rail car incident



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>UPDATE 2-BHP says iron ore supply not affected by minor rail car incident</title></head><body>

Adds BHP comment in paragraphs 2-3, additional context throughout

MELBOURNE, July 31 (Reuters) -BHP's BHP.AX iron ore supply has not been affected after a minor incident at a railyard near Port Hedland in Western Australia, the company said on Wednesday.

“A single rail car has come off the tracks at low speed and a second has partially derailed during a shunting exercise at our Port Hedland yard this morning," a BHP spokesperson said.

"The safety controls we have in place meant nobody was in the area at the time.”

The incident occurred due to a track switch malfunction during the shunting exercise on Wednesday morning and the incident has been reported to the relevant authorities.

Safety has come into focus in the world's top iron ore region in recent years after a number of iron ore train derailments.

A driverless train and wagons carrying iron ore for Rio Tinto derailed at its Western Australian iron ore operations in May while Fortescue also earlier logged an ore car derailment. No one was hurt in the incidents.



Reporting by Melanie Burton; Editing by Himani Sarkar and Christian Schmollinger

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.