BHP Billiton Limited
(ASX:BHP) is sticking to its full-year guidance for its major divisions.
BHP's iron ore business was hit by cyclones in the March quarter, but was still able to produce over 40 million tonnes of iron ore.
While that was 5 per cent less than the volume produced in the December quarter, the mining giant says its target of producing 183 million tonnes of iron ore over the year remains on track.
BHP's petroleum division also produced less than during the December quarter and the March quarter of 2012.
But the division, which is dominated by oil and gas businesses in Western Australia and the United States, is still expected to deliver 240 million barrels of oil equivalent this year.
BHP Billiton’s net profit dropped 58 per cent to $4 billion in the first half of the 2013 financial year.
