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SMH reported BHP Billiton (NYSE:BHP,ASX:BHP) has revealed its growth ambitions for Pilbara iron ore are big.
SMH reported BHP Billiton (NYSE:BHP,ASX:BHP) has revealed its growth ambitions for Pilbara iron ore are big.
The market news is quoted as saying,
In a 100-page presentation lodged with the ASX for a three-day tour by analysts and institutional investors, BHP has, for the first time, put an aspirational target to produce as much as 450 million tonnes of iron ore annually, up massively from its capacity of 155 million tonnes.