14th Aug 2015 11:08
LONDON (Alliance News) - BHP Billiton PLC Friday said its iron ore berths at the Chinese city port of Tianjin have resumed normal operations and said it does not expect any impact on its shipments through the port.
The explosion on Thursday at the port was caused by chemicals being stored at a warehouse at the port, with media reporting a death toll of over 50 people with a further 700 injured.
On Thursday, BHP said there was no damage to the iron ore discharging berths but said shipments and port operations had been disrupted as a result.
On Friday, BHP said operations have resumed as normal and that no direct impact is epxected to its shipments as a result of the disaster.
"We understand the iron ore berths are operating as normal and that port operations, including customs clearance, also resumed today. We don?t anticipate any direct impact on our shipments through the Port," said BHP in an emailed statement.
BHP Billiton shares were up 0.7% to 1,160.50 pence per share on Friday.
By Joshua Warner; [email protected]; @JoshAlliance
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