BHP Billiton Limited (ASX:BHP) has improved iron ore production by 16 per cent to 113.43 million tonnes in the first half of the 2015 financial year.
Australia’s largest company boosted group production by 9 per cent over the six month period with records achieved for eight operations and five commodities.
Metallurgical coal production grew 21 per cent, petroleum production gained 9 per cent to a record and records were also achieved with manganese ore and alumina production.
CEO Andrew Mackenzie says BHP is cutting costs and improving operating and capital productivity to help mitigate some of the impact of lower commodity prices.
Looking ahead the company has maintained its output guidance and says it is on track to deliver production growth of 16 per cent over the two years to the end of the 2015 financial year.
BHP Billiton reported a net profit of $16.16 billion in the 2014 financial year.
