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18 Oct
13:09

BHPB iron ore output drops but guidance steady

BHP Billiton says its iron ore shipments from Western Australia in the September quarter were hit by a fire and maintenance. The company maintains its guidance for full year output over financial 2018 however at 275-280 million tonnes on a 100% basis, subject to regulatory approvals, Kallanish notes. Iron ore output slumped -8% quarter-on-quarter and -4% year-on-year to 64mt on a 100% basis in the September quarter. The decline came despite record prod…
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