BHP cuts iron ore guidance

BHP’s March quarter iron ore production has come in well below expectation, leading the company to reduce full-year guidance.

BHP cuts iron ore guidance BHP cuts iron ore guidance BHP cuts iron ore guidance BHP cuts iron ore guidance BHP cuts iron ore guidance

Iron ore shipments for the quarter were 58 million tonnes, up 8% year-on-year, but down by 6% quarter-on-quarter.

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