BC Iron Ltd shipped a record amount of iron ore in the fourth quarter and remains optimistic about sustainable growth in the year ahead.
The miner shipped a record 1.6 million wet metric tonnes (wmt) of iron ore from the Nullagine Joint Venture in the June quarter, a 12% increase on the previous corresponding period's 1.43 million wmt despite unseasonal heavy rainfall.
The company shipped 5.003 million wmt of iron ore in the 2013 financial year, in line with market guidance.
The group achieved its target production rate of 6 million tonnes per annum ahead of schedule and in line with market guidance for the 2013 financial year.
BC expects to ship 5.8 to 6.2 million tonnes of ore in the 2014 financial year.
The company had a strong quarter "despite a volatile price environment and unseasonably wet weather," Mr Ball said.
