The company churned out 75.7 million tonnes in the second quarter compared with the 78 million tonnes average estimate among analysts tracked by Bloomberg.

BHP notched record output at its Jimblebar mine and Mining Area C in the Pilbara region.

Brazilian miner Vale said on Monday that it had produced 75.7 million tonnes of iron ore in the second quarter, with output of 41,500 tonnes of nickel.

Company reported a 12% fall in quarterly iron ore shipments on Friday after storms affected its West Australian operations.

Creditors said the plan's main goal is to protect Samarco's giant shareholders, Vale and BHP.

Concerns about China's efforts to curb steel output to meet its carbon emissions goal also kept market participants largely at bay.

Export growth accelerated to 32.2% in dollar terms the customs administration said, overturning economist's expectations of a slowdown to 23%.