Resources Company News: BHP Billiton Defends Strategy to Boost Iron Ore Supplies

 BHP Billiton Ltd. (NYSE:BHP) has defended its move to boost iron ore supplies by stating that raising output and efficiency was helping Australia’s competitiveness. As quoted in the market news, Production from its operations in Western Australia was a record 124 million metric tons in the first half, and may reach 245 million tons in the 2015 financial year, BHP said in a statement on Tuesday as Jimmy Wilson, head of its iron ore business,…

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