BHP Billiton iron ore output increased 8% in the first quarter

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      BHP. AX, the Australian mining giant, said on Wednesday that iron ore production grew by 8% in the first quarter, boosted by strong Chinese demand for high-grade iron ore, but it cut its copper production forecast for fiscal year 2009 because of disruptions in major mining operations.
BHP Billiton cut its copper production forecast for 2019 by about 3% to 1,621-17.1 million tonnes as production at its Spacefield in Chile and Olympic Dam mine in Australia declined.
The disruption also hit copper production in the first quarter. Copper output was flat at 409000 tons.
"All commodities are expected to meet expectations in FY2019, except copper, and we have slightly lowered our production estimates after disruptions at the Olympic Dam mine in Australia and the Spence mine in Chile," said Andrew Mackenzie, chief executive of BHP Billiton.
BHP Billiton's iron ore output rose to 69 million tons in the three months to Sept. 30, in line with UBS's forecast of 68.8 million tons. The output was 64 million tons in the same period last year.


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