The mining giant also cut its investment pro loan credit insurance gram in oil and gas, saving more than $ 200 million, as you tighten the belt during the fall in commodity prices amid slower growth in China.
"BHP Billiton remains on track to achieve its production of the year and the guidance of costs after a solid operating performance this quarter, said its chief executive, Andrew Mackenzie, in the report, before the company's annual meeting in London on Thursday .
At this projected rate of iron ore production, BHP will maintain its position as the third place in production and export of raw material for steel, which accounts for more than half of their revenues and profits.
BHP, which released the quarterly pro loan credit insurance duction until September at 61 million tons, plans to produce 247 million tons in the year to June 30, 2016, up 6% compared to the previous year, placing it just behind Vale and Rio Tinto.
This week Vale said to have produced a record 88.2 million tons of iron ore in the third quarter, slightly ahead of Rio Tinto.
