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BHP Billiton has upgraded its iron ore production guidance for the fiscal year from 207 to 212 million tonnes after beating forecasts during the September quarter.
The world's largest miner produced 54 million tonnes of iron ore out of its Western Australian Pilbara operations during the three months to the end of September.
BHP's ownership share is 49 million tonnes and the figure is a 23 per cent jump on the prior corresponding period.
Total petroleum production for the September quarter was a record 62.7 million barrels of oil equivalent.
That was a two per cent lift and driven by its US onshore shale volumes.
- See more at: http://www.theaustralian.com.au/business/latest-news/bhp-beats-forecasts-lifts-ore-guidance/story-e6frg90f-1226744261512#sthash.9zSBFHu9.dpuf
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