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BHP beat first-quarter iron ore output estimates on Thursday as the mining giant benefited from efforts to ease bottlenecks at its Western Australia operations, while copper production was lifted by better grades at its Escondida mine.
The global miner completed the debottlenecking work at the port at its Western Australia operations, boosting iron ore output. BHP recorded a 4% rise in copper output for the quarter, reflecting higher grade and recoveries at its Escondida mine in Chile. BHP is seeing signs of stabilization in its steelmaking coal business while its Jansen Stage 1 potash project in Canada was 58% complete at the end of the quarter, the company said.
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