[miningmx.com] – BHP Billiton lifted fourth quarter iron ore production 17% to 47.7 million tonnes from 40.9 million tonnes a year earlier, a performance that was powered by expanded operations in Australia, said Bloomberg News.
“There’s no doubt that while the rate of growth in China has slowed, the demand for iron ore continues to increase,’ Michael McCarthy, chief market strategist at CMC Markets Australia, said.
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