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20 April 2010


BHP's iron ore output up 11%

Source: Bloomberg

BHP Billiton Ltd., the world's largest mining company, said third-quarter iron-ore production rose 11 percent as demand from China surged.

Output of the ore, the company's biggest earner in fiscal 2009, was 31.16 million metric tons in the three months ended March 31, from 28.19 million tons a year earlier, Melbourne- based BHP said today in a statement. That compares with UBS AG's estimates of 27.9 million tons and 33.25 million tons from Credit Suisse Group AG.

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