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BHP Billiton raises iron ore guidance for FY2014

April 16, 2014 - 06:00 GMT Location: Shanghai

KEYWORDS: Australia , BHP Billiton , iron ore

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) operations in...

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