Live news: BHP lowers production outlook for nickel and other metals
BHP has lowered its manufacturing outlook for some metals, together with nickel, echoing different massive miners.
The largest mining firm on the planet stated that whole copper output was increased within the first 9 months of the yr and maintained its full-year outlook regardless of reducing steerage at its Escondida mine in Chile, on account of a better efficiency at its Olympic Dam website in South Australia.
Moist climate affected its coal operations, the corporate stated.
Mike Henry, chief government, stated latest engagements with prospects in China and India had “reaffirmed our optimistic outlook for commodity demand”, serving to to offset slowing progress within the US, Japan and Europe.