BHP beats iron ore output estimates, settles China dispute; shares rise - Reuters

<a href="https://news.google.com/rss/articles/CBMingFBVV95cUxOc203V1lnOWE0LTQ0ejZoRkF2NjR1a2phLU1pRlR5c0hpR0U3ZjgxWHNLYWx5NTlTYWN2czJvN1Y5ZEx5NTRlT1BVaFZ2bWJodWE2aWhjY2luZlNDOU9GVHkyc29fRXNQc3ptRGgwelpWNXhVbkdmVjZwWnZ3ZGs4Vmk0WXNpeHotdkh6TnFvalhPZmlrRXpWY2ZoYzRTUQ?oc=5" target="_blank">BHP beats iron ore output estimates, settles China dispute; shares rise</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

BHP Group exceeded market expectations for third-quarter iron ore production and resolved a dispute with China Mineral Resources Group, leading to a 2% increase in shares to a seven-week high.

BHP reported a 3% increase in third-quarter iron ore production and maintained its annual guidance, concluding contract negotiations with China Mineral Resources Group.

BHP's third-quarter iron ore production rose 3%, with strong performance at Western Australia operations offsetting disruptions from tropical cyclones.

BHP expects annual copper production to be in the upper half of its guidance range and has concluded iron-ore sales contract negotiations with China Mineral Resources Group.

BHP's quarterly copper production fell 7.1%, while iron ore output grew 1.7%, with the company maintaining its full-year guidance and expecting copper output towards the upper end of its range.