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BHP facing $US600M iron ore sales loss

THE world’s biggest miner BHP Billiton says it won't cut iron ore production from current levels, despite the miner reportedly facing a $US600 million ($A900 million) hit to its iron ore sales on the back of deferrals of iron ore shipments.

MiningNews.Net
BHP facing $US600M iron ore sales loss

According to Dow Jones Newswires, a BHP spokesperson said iron ore sales would be reduced by up to 6 million tonnes by the end of 2008 following requests from Chinese steel mills to defer shipments. ...

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