Mining company BHP announced the growth of its total production of iron ore during the last quarter of the last fiscal year to 69.21 million tons, compared to 65.30 million tons during the same period of the previous year.
Production of “Western Australian Crude Oil” (WAIO) rose during the last quarter to 68.17 million tons, compared to 64.07 million tons during the same period.
The company said that iron ore production numbers are estimated on the basis of the wet ton, which is used to weigh raw materials in their natural state when they emerge from the ground.
The company expects its total production of iron ore during the current fiscal year to reach between 250 and 260 million tons.
At the same time, total copper production during the last fiscal year increased by 9% annually to 1.865 million tons, while production during the current fiscal year is expected to reach between 1.845 and 2.045 million tons.
