BHP Group, the world’s biggest miner, reported a rebound in iron ore output in the fourth quarter after a cyclone hit production in March, and forecast modest output growth in 2019/2020 amid a surge in prices.
BHP met its revised target for iron ore production, but flagged $1bn (R14bn) in productivity losses for fiscal 2019 in its quarterly production report, flowing from disruptions to operations across its commodities.
The Anglo-Australian miner’s iron ore output fell
