Posted on 24/07/08
BHP Billiton reports record-breaking production
BHP Billiton Ltd. said yesterday its production of seven raw materials, including copper and iron ore, hit record levels in the 12-month period to the end of June. "Annual production records [were] achieved in petroleum, copper, iron ore, manganese ore and alloy, alumina and molybdenum," BHP said in a statement. "Annual production also increased in crude oil and condensate, uranium, lead, zinc, silver and diamonds." Iron ore output for the year rose 13 per cent to 111.3 million tonnes, copper output rose 10 per cent to 1.37 million tonnes and petroleum output was up 13 per cent at 129.5 million barrels of oil equivalent. BHP (Sydney) fell 32 cents to $38.68 Australian ($37.58).
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