BHP Forecasts 10% Annual Output Growth on Iron Ore, Copper, Oil

BHP Forecasts 10% Annual Output Growth on Iron Ore, Copper, Oil

Ian Waldie/Bloomberg

Coal is stockpiled in preparation for loading onto ships for export at the Newcastle Coal Terminal in Newcastle, north of Sydney. Growth in China, BHP’s biggest customer, will stay at around 7 percent to 8 percent for the next decade as the world’s biggest metals consumer becomes a consumer-led economy.