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BHP logs record iron ore output, expects China to be 'stabilizing' force

2023 demand to have help from Beijing's pro-growth measures, company says

A bucket wheel reclaimer collects iron ore at a BHP loading facility in Western Australia.   © Reuters

SYDNEY -- China will help support global commodity markets this year as advanced economies struggle, the head of Anglo-Australian mining giant BHP said Thursday as the company reported record iron ore production.

Western Australia iron ore output increased 1% on the year for the July-December period last year, reaching 146 million tonnes on a 100% basis, the company reported.

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