ADVFN - Advanced Financial Network.
HOME» NYSE » B » BBL Stock Price » BBL Stock News

Bhp Billiton Sp Share News

 Bhp Billiton Stock Price
BBL Stock Price
 Bhp Billiton Stock Chart
BBL Stock Chart
 Bhp Billiton Stock News
BBL Stock News
 Bhp Billiton Company Information
BBL Company Information
 Bhp Billiton Stock Trades
BBL Stock Trades

BHP Billiton Eyes Window Of Opportunity In Iron Ore -CEO

LONDON -(Dow Jones)- Globally diversified miner BHP Billiton Ltd (BHP) sees a "window of opportunity" in the iron ore market as emerging economies such as China transition from investment-led economic growth to consumption-led economic growth. China, the world's largest steel producer and consumer, is forecast to increase crude steel production to 1.1 billion metric tons a year by 2025 which would equate to a 650 million ton a year increase in global seaborne iron ore demand, Marius Kloppers, the chief executive of the world's largest mining company by market value, said in a presentation given to an audience at the Bank of America Merrill Lynch conference in Florida, Tuesday. "The outlook provides a major opportunity for BHP Billiton and our competitors," he said in the presentation. Kloppers reaffirmed previous comments made by BHP executive Alberto Calderon two weeks ago, noting that projects would be approved "in a sequence that maximizes value, reduces risk and balances short- and long-term returns." BHP has been dogged by concerns that a series of giant projects will increasingly consume its cash and may offer weak returns, as its earnings growth appears to have peaked with the recent fall in prices for many commodities. Some shareholders have been critical of the company's strategy, including plans to invest around US$80 billion on growth over five years and the acquisition last year of shale-gas assets in the U.S. -By Alex MacDonald, Dow Jones Newswires; +44 (0)20 7842 9328; alex.macdonald@dowjones.com (Robb M. Stewart in Melbourne contributed to this story.)

Stock News for Bhp Billiton Sp (BBL)
DateTimeHeadline
11/21/201412:30:09EUROPE MARKETS: European Stocks Enjoy China, Draghi Economic-policy...
11/21/201412:17:30LONDON MARKETS: Miners Lead FTSE 100 To Two-month High After...
11/21/201411:24:49EUROPE MARKETS: European Stocks Enjoy China, Draghi Economic...
11/21/201408:50:03LONDON MARKETS: London Miners Rally After China's Central Bank...
11/21/201407:24:13EUROPE MARKETS: European Stocks Rally After China Rate Cut, ECB...
11/20/201412:26:52LONDON MARKETS: Miners, British Gas Parent Pull FTSE 100 Lower
11/20/201412:18:25EUROPE MARKETS: European Stocks End Lower On Disappointing PMI...
11/20/201406:25:07EUROPE MARKETS: European Stocks, Euro Fall On Disappointing PMI...
11/20/201405:47:08EUROPE MARKETS: European Stocks, Euro Fall As On Disappointing...
11/20/201404:36:31LONDON MARKETS: Centrica Falls In London After Warning; Miners...
11/20/201402:47:48BHP Vows to Focus on Investor Returns -- Update
11/19/201420:10:03BHP Billiton Vows to Focus on Investor Returns
11/19/201413:18:02European Shares Broadly Unchanged -- 3rd Update
11/19/201412:28:33EUROPE MARKETS: European Mining Shares Struggle On Drop In Iron-ore...
11/19/201412:21:25LONDON MARKETS: Royal Mail, Pub Stocks Sink In London Trade;...
11/19/201405:07:12From Iron Awe to Iron Gore -- Barron's Asia
11/18/201418:10:10Vast Copper Mine Marks A Shift In BHP Strategy
11/14/201412:29:06EUROPE MARKETS: European Stocks Slip; Eurozone Data Highlight...
11/14/201411:02:22LONDON MARKETS: Tesco Gains After Upgrade, But Miners Fall In...
11/14/201407:50:41EUROPE MARKETS: Oil Stocks Fall In Europe; Eurozone Data Highlight...

Bhp Billiton Sp and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad