Articles Tagged "LSE:BLT"

The AIM was down this week.

BHP Billiton Aiming to Sell Around 10 Assets

Coal – Reuters reported that BHP Billiton Ltd. (ASX:BHP,NYSE:BHP,LSE:BLT) wants to sell approximately 10 assets. The move follows BHP's decision last year to shut down a number of unprofitable coal mines, as well as its announcement last month that it is considering selling the Queensland-based Gregory-Crinum coking coal mine.

BHP Responds to China’s Iron Ore Price Manipulation Accusations

Iron – Reuters reported that BHP Billiton Ltd. (ASX:BHP,NYSE:BHP,LSE:BLT) has responded to allegations from China's National Development and Reform Commission that the top three iron ore miners — BHP, along with Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) and Vale (NYSE:VALE) — and some traders manipulated the markets to show a shortage of iron.

Vale to Continue Upping Iron Ore Output After 2017 in Hopes of Regaining Market Share

Iron – Bloomberg reported that after reaching 400 million metric tons of iron ore output in 2017, Vale SA (NYSE:VALE) plans to increase its iron ore output by 20 to 25 million metric tons per year. Vale's plan is aimed at taking back the 6 percent of market share that it has lost to other major companies — such as BHP Billiton Ltd. (ASX:BHP,NYSE:BHP,LSE:BLT) and Rio Tinto plc (ASX:RIO,NYSE:RIO,LSE:RIO) — over the past six years.

Harry Winston to Buy BHP’s Diamond Business for $500 Million

Diamond – The Globe and Mail reported that Harry Winston Diamond Corp. (TSX:HW,NYSE:HWD) is going to buy BHP Billiton Ltd.'s (NYSE:BHP,ASX:BHP,LSE:BLT) diamond business for US$500 million. BHP has shied away from large new investments over the past year and recently revealed that it might leave the diamond mining industry.