Australia's BHP's current iron ore production is 280-290 million tons per year (Mtpa). As a first step, the company will increase its current iron ore production to 300 Mtpa. Then, the company's port and rail logistics will be improved.
The global economy is forecast to grow 2.5 times faster than in 2020
China and India are expected to be the leading countries driving the global economy and China's demand for raw materials is expected to be stable in 2023.
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