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BHP Billiton raises iron ore guidance for FY2014
April 16, 2014 - 06:00 GMT
BHP Billiton has raised its iron ore production guidance by a further five million tonnes to 217 million tonnes for the financial year 2014, the company said on Wednesday April 16.
The target has now been raised by a total of 10 million
tonnes during the course of the year. The miner initially
raised its forecast by five million tonnes in October. The
increase reflects the strong output figures from
Australia’s second-largest iron ore miner. Total
output on a 100% basis at its Western Australia Iron Ore (WAIO)
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