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BHP joins Rio in cutting iron ore output forecast

Thursday, April 21, 2016 - 05:50

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BHP Billiton Ltd, the world's biggest mining company, cut its iron ore production forecast for its Australian mines by 4 per cent because of bad weather and rail network maintenance, adding to bullish signals for the global market.

Perth

BHP Billiton Ltd, the world's biggest mining company, cut its iron ore production forecast for its Australian mines by 4 per cent because of bad weather and rail network maintenance, adding to bullish signals for the global market.

Output from its mines in Western Australia

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