BHP's 1st quarter iron ore output jumps 8% on unwavering Chinese demand

By Reuters / October 16, 2018 / www.mining.com / Article Link

The world's biggest miner BHP said on Wednesday its first quarter iron ore production rose 8% on a year earlier as it ramps up output to meet persistent strong demand in China.

BHP's iron ore output rose to 69 million tonnes during the three months ended Sept. 30, compared with 64 million tonnes a year ago. That came in line with UBS's estimate of 68.8 million tonnes.

The Anglo-Australian miner maintained its fiscal 2019 guidance of 273 million to 283 million tonnes of iron ore.

(By Rushil Dutta, Editing by Chris Reese)

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