Anglo-Australian mining giant BHP Billiton saw iron ore output rise year-on-year in the third quarter, but fall from the previous quarter's production levels as a result of the planned shut-down associated with the Inner Harbour expansion project in Western Australia.
Iron ore production was up 1% year-on-year but down 3% quarter-on-quarter to 39.8m tonnes.
Production of metallurgical coal fell 4% year-on-year to 8.94m tonnes but was up 10% on the second quarter of 2012, as significant latent capacity was released across the supply chain.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Production of energy coal in the third quarter was up 6% on the corresponding quarter of 2011 and the preceding quarter of 2012, at 19.61m tonnes.
JH
-
How taking a two-year career break could leave a £26k hole in your pensionCareer breaks are increasingly common but it is important to take steps to protect your pension, as gaps compound over time
-
Cash in on your attic: Thousands could be sitting dormant in your storageSelling your valuables at auction could be far more lucrative than you think. We take a look at how auctions work, and some tips to help you maximise your profits
