BHP Billiton (ASX:BHP) is an international resources company.  The Company’s principal business lines are mineral exploration and production, including coal, iron ore, gold, titanium, ferroalloys, nickel and copper concentrate, as well as petroleum exploration, production, and refining.

Blue chip stock BHP, today announced that its latest quarterly iron ore output increased 22% in the December quarter compared to the previous quarter.

BHP’s operations in Western Australia’s Pilbara region recorded record production on an annualized basis, as the company expanded its infrastructure base in the area.

The Melbourne based company said that it expects full-year production to marginally exceed prior guidance of 159 million tons per annum.

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BHP Billiton (ASX:BHP)  has a global portfolio of high-quality assets, with more than 100 operations in 25 countries.

BHP held its AGM today, with CEO Marius Kloppers outlining challenges for the company on the back of economic uncertainty and equity market volatility.

Mr Kloppers told the AGM that despite short-term challengers the long-term outlook remains unchanged.

BHP’s strategy remains to invest through the economic cycle, with a plan to invest US$80 billion over the next five years on its mining and petroleum assets.

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BHP Billiton (ASX:BHP) is the world’s largest diversified resources company, with a global portfolio of high quality assets and more than 100 operations in 25 countries.

It is the biggest listed company on the Australian share market and is widely considered among the blue chip stocks.

It is an industry leader in most of the major commodities markets, including aluminium, coking and thermal coal, copper, manganese, iron ore, uranium, nickel, silver and titanium. On top of this, BHP has sizeable interests in oil, gas, natural gas and diamonds.

Today, BHP reported a 28% on-year increase in 1Q11 iron ore output. The increase was driven by greater system capability of the group’s WA rail infrastructure.

Petroleum production increased 19% in the same period, with BHP’s acquisition of the Fayetteville and Petrohawk shale businesses helping the result.

However copper output declined 24% over the year amid strikes and lower ore grades at the Escondida mine in Chile.

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BHP Billiton (ASX:BHP) is the world’s largest diversified resources company, with a global portfolio of high quality assets and more than 100 operations in 25 countries.  BHP is the largest company (by market cap) in the Australian share market and is widely considered among the blue chip stocks.

It is an industry leader in most of the major commodities markets, including aluminium, coking and thermal coal, copper, manganese, iron ore, uranium, nickel, silver and titanium. On top of this, BHP has sizeable interests in oil, gas, natural gas and diamonds.

On 16 February, BHP reported a 72% surge in 1H11 net profit to US$10.5 billion, beating some analyst estimates.

Underlying EBITDA surged 60% on-year as an improving economy and supply side constraints saw BHP benefit from major increases in the prices of its core commodities.

Core earnings at BHP’s iron ore division grew 178% on-year amid record production in WA, rising prices and persistent tightness in iron ore markets.

BHP reported strong results in its other major commodities, with coal and base metals both seeing a big increase in underlying EBIT.

BHP was also reported a 123% surge in net operating cash flows.  As a result, BHP boosted its existing share buyback plan to US$10 billion, which will be completed by the end of 2011.

The group declared an interim dividend of US46 cents a share, up from US42 cents a year ago.

BHP was bullish about its outlook, noting that growth in emerging markets was expected to remain strong despite further monetary tightening in countries such as China and India.

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BHP Billiton (BHP) the world’s largest diversified resources company, with a global portfolio of high quality assets and more than 100 operations in 25 countries.

It is an industry leader in most of the major commodities markets, including aluminium, coking and thermal coal, copper, manganese, iron ore, uranium, nickel, silver and titanium.  On top of this, BHP has sizeable interests in oil, gas, natural gas and diamonds.

BHP is also the largest company (by market cap) in the Australian share market, and is widely considered among the blue chip stocks.

On 15 November, BHP formally withdrew its US$39 billion offer for Potash Corp.  The offer’s withdrawal followed Canada’s recent decision to block the bid on grounds it did not provide a net benefit to the country.

BHP maintained that its bid would have resulted in a significant net benefit to Canada, with its concessions ranging from foregoing tax benefits in which was entitled to as well committing large sums on exploration and development.

However, BHP’s undertakings appeared to be too little too late, with Canadian authorities believed to have been unhappy with the extent of BHP’s concessions.

With the bid now cancelled, BHP has promised to return US$4.2 billion to its shareholders through a share buy-back program.

In addition, BHP plans to invest US$15 billion in its global business in the coming financial year.

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