BHP cuts FY iron ore production guidance as cyclone hits output
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(Reuters) - BHP Group, the world's biggest miner, on Wednesday cut its annual iron ore production forecast on disruptions caused by a tropical cyclone that pushed its quarterly output of the steel-making material 5 percent lower. The Anglo-Australian miner lowered projections for its fiscal 2019 iron ore production to 265 million-270 million tonnes, from 273 million-283 million tonnes.Ironore output came in at 64 million tonnes for the three months ended on March 31, compared with 67..