BHP (ASX:BHP) saw its first quarter iron ore production rise eight per cent on the prior corresponding period.
The world's biggest miner saw iron ore output rise to 69 million tonnes during the three months ended September 30.
The 2019 guidance of 273 million to 283 million tonnes of iron ore is due to help in China supply expectations.
At the end of the September 2018 quarter, BHP had five major projects under development in petroleum, copper, iron ore and potash, with a combined budget of US$10.6 billion over the life of the projects.
In September, BHP acquired an initial 6.1 per cent interest in SolGold Plc, the majority owner and operator of the Cascabel porphyry copper-gold project in Ecuador.
They are hoping to bring the total interest to approximately 11.2 per cent.
Shares in BHP (ASX:BHP) closed 1.68 per cent higher to $33.90 yesterday.