SHANGHAI, Jul. 19 (SMM) - The world's number one mining company BHP Billiton released its financial report in Q4 on Wednesday.
Iron ore output at the company was 60 million tonnes in Q4, up 8% YoY, according to the report. BHP Billiton attributes capacity expansion and improvement of supply chain as major factors to the growth.
China Crude Steel Daily Output Hits New Record in June Despite Elimination Efforts, SMM Reports
Iron ore production is expected to rise 4% YoY to 275-280 million tonnes in 2018 financial year.
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