BHP Beats Analysts Expectations
Iron – Bloomberg reported BHP Billiton Ltd. (NYSE:BHP,ASX:BHP) fourth-quarter iron ore production gained 15 percent.
Iron – Bloomberg reported BHP Billiton Ltd. (NYSE:BHP,ASX:BHP) fourth-quarter iron ore production gained 15 percent.
Iron – Reuters reported BHP Billiton (ASX:BHP), Vale (SAO:VALE5) and Rio Tinto (ASX:RIO) all saw a sharp decrease in quarterly iron ore production which raised prices on the metal.
Iron – Reuters reported BHP Billiton's (ASX:BHP,NYSE:BHP) iron ore chief, Ian Ashby, is leaving the miner in the midst of an $11 million iron ore expansion.
Nickel – SMH reported BHP Billiton's (NYSE:BHP,LSE:BHP) CEO has said it will not invest more capital into its nickel operations.
Lithium – SQM saw its share price climb over 6 percent on Tuesday after Potash Corp, said its board rejected an unsolicited $39 billion offer from miner BHP Billiton. Lithium investors will remain very interested in this development as BHP said it continues to review its options and will make a further announcement in due course.
Following the upward trend of vanadium prices, the price for iron ore fines has also improved. Despite a depressed steel market, a notable recovery is evident in the vanadium market since the year end, with prices reacting to positive market demand.
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