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.
Cliffs Natural Resources announced Thursday it will reduce its outlook from 6.5 million tons of coal this year to 5.1 million tons, citing severe weather damage at its Oak Grove mine in Alabama and carbon monoxide hazards in its Pinnacle mine in West Virginia.
The company also said its newly acquired Bloom Lake operation will yield 4.8 million tons of iron ore concentrate this year.
