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(Reuters) -BHP Group said on Wednesday its quarterly iron ore output rose, aided by better performance from its Western Australian assets and a continued ramp-up at its South Flank project.
The higher production comes despite an 18% fall in spot prices of iron ore over the September quarter as China repeatedly locked down several major cities as part of its "zero-COVID" policy, hitting economic activity and demand for iron ore.
Rival Rio Tinto had tempered its annual iron ore shipments forecas...
>>> Read more: BHP quarterly iron ore production rises on lower COVID-19 impacts
The higher production comes despite an 18% fall in spot prices of iron ore over the September quarter as China repeatedly locked down several major cities as part of its "zero-COVID" policy, hitting economic activity and demand for iron ore.
Rival Rio Tinto had tempered its annual iron ore shipments forecas...
>>> Read more: BHP quarterly iron ore production rises on lower COVID-19 impacts
