BHP sees full-year iron ore output near upper end of forecast

Demand from China, the world's top steel producer, remains robust as commodity-intensive stimulus measures targeted by Beijing to boost the pandemic recovery have been powering prices to multi-year highs.

BHP Group Ltd said on Wednesday it expects annual iron ore production at the upper end of its forecast, although bad weather and planned maintenance at its South Flank project sent third-quarter output nearly 2% lower.

The world's largest listed miner expects overall production of the steelmaking ingredient at the top end of its 245 million tonnes (Mt) to 255 Mt forecast range.