BHP iron ore production up 8% on strong Chinese demand
Record production at BHP’s Pilbara mines coupled with strong Chinese demand for high grade iron ore saw the world’s biggest miner’s first-quarter production jump 8% year on year. However, with winter restrictions looming, Chinese demand for the steel-making raw material is likely to fall
BHP maintained its fiscal 2019 guidance of 273m to 283m tonnes of iron ore with a keen eye on improving port reliability and performance
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