BC Iron back in full swing

Iron-ore producer BC Iron returned to an annual run-rate of six-million tonnes a year during the three months to December, following a troubled September quarter, with the miner on Friday also downgrading its cost expectations for the full year. The Nullagine joint venture (JV), in Western Australia, shipped 1.38-million tonnes of Bonnie Fines during the quarter, with BC’s share amounting to 1.2-million.