Australian iron ore producer BC Iron Limited has announced that in the financial year 2012-13 ended June 30 it has reached a record iron ore output of 5,003,005 wet metric tons from its Nullagine iron ore joint venture in the Pilbara region of Western Australia, achieving its 5 million mt guidance. To date, the shipments from the joint venture project have amounted to 8.8 million mt and the miner expects to exceed 10 million mt during the first quarter of the financial year 2013-14.
According to BC Iron, the Nullagine iron ore joint venture is expected to produce 5.8 to 6.2 million mt of direct shipping ore during the financial year 2013-14.