BHP posts second straight year of record iron ore production, beats estimates
The world's largest listed miner said iron ore output from Western Australia on a 100% basis was 76.8 million tonnes in the three months to June 30.
Australian mining company Resourcehouse, controlled by billionaire Clive Palmer, launched its planned $3.6 billion Hong Kong IPO on Sunday, betting on rising coal prices to attract investors to its large initial public offering.
The company, which is raising funds to develop thermal coal and an iron ore project, has received positive feedback during meetings with investors since it started road shows almost two weeks ago, despite volatility in global commodity markets.
