BHP hits iron-ore target, forecasts higher output in 2018

Diversified major BHP has increased its production expectations for iron-ore, copper and metallurgical coal in 2018, on the back of solid results for the year ended June. The miner on Wednesday reported that it had achieved production guidance at its petroleum and iron-ore divisions during the year ended June 30, with production records set at the Western Australian iron-ore operations, as well as two Queensland coal mines, and the Spence copper mine, in Chile.