BHP posts record output on iron ore
BHP Billiton has raised its full year guidance for iron ore and metallurgical coal production after achieving record output so far this fiscal year.
The world’s largest diversified miner raised production guidance for its Pilbara iron ore business by five million tonnes to 217 million tonnes for the year.
Metallurgical coal guidance has been raised by 2.5 million tonnes to 43.5 million tonnes.
BHP increased iron ore exports for the March quarter by 23 per cent to 57.6 million tonnes, with its equity share 49.6 million tonnes.
MORE TO COME
Finance News
Woodside shareholders reject climate plan
Finance News
SA tops states’ economic leaderboard again
Finance News
Woolworths faces court over $1m pay bungle
Finance News
Spend some time to examine cashback details
Finance News
Apps that help you save on fuel, groceries, time
Finance News
Fridge, pantry audits vital to cut food waste
Finance News