BHP aims to grow copper, iron-ore, coal volumes in FY17

Diversified mining group BHP Billiton, which narrowly missed its iron-ore production guidance for the 2016 financial year, aims to grow its copper, iron-ore and metallurgical coal production in the next financial year by focusing on improving its productivity. Reporting on the group’s 2016 operational performance, CEO Andrew Mackenzie said on Wednesday that BHP Billiton would take advantage of latent capacity and would continue to invest in low capital projects to increase its copper production by 5%, boost its metallurgical coal output by 3% and to deliver up to a 4% increase in iron-ore production.