BHP Q4 production tops forecasts

Mining giant expects FY15 production to come in more than 10% higher than FY14.

BHP Billiton (BHP) has set itself optimistic production targets for the year ahead as it ramps up its pursuit of capacity in the face of sustained weakness in the iron ore price.

In the quarter to June 30, the miner's attributable iron ore production came in at 56.6 million tonnes, a 19% lift on the previous corresponding period and well above analyst expectations of 48.9 million tonnes.

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