BBL BHP Group Plc

2305 GMT [Dow Jones] BHP Billiton Ltd. (BHP.AU) isn't on the acquisition trail, already having plenty of options for growth in its project pipeline, says CEO Andrew Mackenzie. "It has to be one hell of a deal for us to consider" an acquisition right now, he tells reporters. The comments are similar to recent remarks from rival Rio Tinto PLC (RIO), whose CEO Sam Walsh earlier this month said he'd prefer to focus on building new mines rather than buying low-quality assets in the current market environment. (rhiannon.hoyle@wsj.com; Twitter: @RhiannonHoyle)

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