BHP raises full-year iron ore output forecast
Company upgraded its full-year iron ore production outlook on sustained China demand and restart of Samarco operations.
A Mine Concept Study conducted by Steffen Robertson Kirsten (SRK) on the Bungaroo South project has confirmed both the technical and financial viability of a mine development.
The mine plan supports a 15 million tonnes per year operation with a mine life of 15 years, with production possible by 2015.