BHP says Dec qtr iron ore output up, petroleum slips

Wed, 22 Jan - 7:42am

SYDNEY, Jan 22 (Reuters) - Diversified resources giant BHP Billiton BHP.AX reported a 16 percent rise in iron ore production in the December quarter on a year earlier to 48.9 million tonnes.

Iron ore production guidance for fiscal 2014 was maintained at 212 million tonnes.

BHP reported a 4 percent decline in quarterly output from its petroleum division but maintained its fiscal 2014 guidance of 250 million barrels of oil equivalent.

Iron ore and petroleum have been designated by Chief Executive Andrew Mackenzie as two of the four "pillars" underpinning growth by the world's biggest mining house. The others are copper and coal.

(Reporting by James Regan; Editing by Richard Pullin)

((jim.regan@thomsonreuters.com)(+612 9373-1814)(Reuters Messaging: jim.regan.reuters.com@reuters.net))

Keywords: BHP PRODUCTION/

URN: 
urn:newsml:reuters.com:20140121:nL3N0KV1AC:3
Topics: 
GB CMPNY BASMTL MINE ENR METL MIS RTRS MIN COMA BMAT FERR COA EUROPE ENER MEMI OILG RES MET AU EUROP IRN CPPR COM ASIA LEN BACT WEU MTAL NRG AMERS EXPL

Contact Us

Due to the security nature of our business, personal meetings are only by pre-arranged appointment.
Phone at any time on

1300 987 995

info@ausmint.com