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BHP Billiton: Flood impact to continue

01-21-2011 14:06 BJT

BHP Billiton says its Australian coal mining operations will be affected for "at least" another six months, due, of course, to the devastating floods that hit Queensland.

The world's biggest miner's production in the hardest-hit state was already down nearly a third last quarter. Coal has taken a hit, but iron ore output was actually up in the quarter - the miner posted a 4 percent rise to bring iron ore output to record levels to meet swelling demand from its main customers in China and other parts of Asia.

Editor:Xiong Qu |Source: CNTV.CN

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