July 17 (Bloomberg) -- David Lennox, a resource analyst at Fat Prophets in Sydney, talks about the business outlook for BHP Billiton Ltd. and Rio Tinto Group.
BHP said fourth-quarter iron ore production gained 17 percent as the company expands operations in Australia to deliver a 13th annual output record. The result compares with the 7 percent increase at Rio Tinto’s iron ore operations. Lennox speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)