SYDNEY: BHP Billiton beat its own guidance for full-year iron ore output, saying it mined a record 225 million tonnes in fiscal 2014, 4% ahead of its forecast, leading productivity gains across a number of businesses.
The world's third biggest supplier of iron ore forecast a further climb in production of the steelmaking material in fiscal 2015 to 245 million tonnes as it continues expansion work in Australia's Pilbara iron ore belt.
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