BHP has warned that it expects slower growth in China for the rest of the year but maintained a positive view of demand for commodities as it continues to hold talks with China over iron ore contracts.
The Australian company, the largest global miner by market capitalisation, reported a 1 per cent decline in iron ore production to 64mn tonnes during the three months to September, due to maintenance upgrades of its facilities in Western Australia.
Its copper production increased 4 per cent while steelmaking coal production grew 8 per cent in the quarter.
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