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BHP smashes quarterly record

The iron ore keeps on coming from BHP Billiton, which continues to ramp-up production despite a worldwide glut made worse by a slowdown in Chinese growth that has shaved 25% off the price in the year-to-date to about US$53 per tonne.

BHP smashes quarterly record BHP smashes quarterly record BHP smashes quarterly record BHP smashes quarterly record BHP smashes quarterly record

Shipping ore... as Chinese appetite wanes

Total iron ore production for the September 2015 quarter increased by 7% to a record 61 million tonnes. Guidance for the 2016 financial year remained unchanged at 247Mt.