BHP billiton cut copper production targets

BHP billiton has released the first half 2017 fiscal year (i.e., in the second half of 2016) operating communique. Bulletin shows that the first half of 2017 fiscal year, the group iron ore output of 118 million tons, up 4% from a year earlier, the main contribution comes from western Australia iron ore (WAIO). The communique, the group of oil, iron ore and coal production target unchanged throughout the year, but copper production targets down to about 1.62 million tons, 2% lower than scheduled production targets.