By a staff reporter, with AAP
BHP Billiton Ltd has reiterated a full-year prolongation superintendence after posting a somewhat bigger-than-expected arise in iron ore outlay during a second quarter.
Investors welcomed a news. At 1020 AEDT, BHP shares were 1.01 per cent aloft during $36.95, opposite a benchmark index arise of 0.4 per cent.
In progressing trade, BHP climbed as high as $37.10.
For a 3 months to a finish of December, BHP posted sum iron ore prolongation of 42.19 million tonnes, a arise of 3 per cent on a prior analogous period.
Analysts had approaching a organisation to post a prosaic prolongation outcome during a quarter.
In a initial half, sum prolongation rose dual per cent to a record turn 81.962 Mt.
BHP pronounced a outcome was a twelfth uninterrupted halt prolongation and sales record posted
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Source:
http://www.news.ezonearticle.com/2013/01/22/bhp-iron-ore-production-beats-expectations-in-q2/
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