BHP Billiton Limited
(ASX:BHP) has boosted its iron ore production in the third quarter and first three quarters of the 2015 financial year and lifted its annual guidance.
The diversified mining giant increased iron ore output by 20 per cent to 58.9 million tonnes in the first three months of this year.
Over the first three quarters of the financial year the company has increased iron ore output by 17 per cent to a record 172.4 million tonnes.
Looking ahead BHP expects to produce 230 million tonnes over the full year, lifting from prior guidance of 225 million tonnes.
BHP Billiton reported a net profit of $5.84 billion in the first half of the 2015 financial year.
