BHP Group Plc (BBL) News

Note: $BBL @ $35.00 $BHP 36.06 so buying for dividend would be better at BBL... the PLC isn't going away is it? But obviously BHP (the LTD) is more traded.

Guess I'll just pitch myself.......hopefully South32 shares show up in account in a few weeks.

...quick turnaround:

http://www.fool.com.au/2015/05/19/south32-ltd-soars-higher-what-you-need-to-know/

Maybe add on more BBl because I'm loving the sell off over the past two days.

....like that ole' EF Hutton commercial:



.....look who is pushing the ore market...:)

Why has it been almost 2yrs since ANYONE said anything on or about this stock? Is it because it's not a U S based entity?

Thanks thats great news !!

Housekeeping note re BHP/BBL dual listing…

BHP/BBL is a dual listed company in which both stocks have identical economic rights. Until now, I have been posting newsworthy items on both boards; however, from now on, I will post these items exclusively on the BHP board. See you over there!

BHP logs record iron-ore output in FY2Q12 and raises FY guidance:

#msg-71091712

BHP Appoints New CFO

http://online.wsj.com/article/SB10001424052970203802204577065231057515326.html

›NOVEMBER 27, 2011, 11:48 P.M. ET
By ROBB M. STEWART

MELBOURNE—BHP Billiton Ltd. on Monday announced the surprise departure of Chief Financial Officer Alex Vanselow after more than five years in the role and said he would be succeeded in the new year by Graham Kerr, head of its diamonds division.

Mr. Vanselow said he would stay on until the end of February to help with the transition, then take time out before looking for a new post, possibly as chief executive at a listed company with some of the same dynamics as BHP.

"I am looking for the next step in my career," he told reporters on a conference call.

Mr. Vanselow joined the company in 1989, before the 2001 merger of Australia's Broken Hill Proprietary and U.K.-listed Billiton, and held a number of executive positions before becoming CFO in March 2006.

"We will miss his wise counsel, but we understand his decision to pursue other interests and wish him well. He will be an honored member of BHP Billiton's alumni," Chief Executive Marius Kloppers said of Mr. Vanselow.

Since the merger, BHP has grown to become the world's largest mining company by revenue and market capitalization. In the financial year through June it posted a record net profit of US$23.65 billion on revenue of US$67.9 billion, the highest profit ever for an Australian company.

The company said it would expand its top management committee, with Mr. Kerr taking on the role of CFO from Jan. 1 and Mike Henry, president of marketing, becoming chief marketing officer.

Mr. Kerr joined the then BHP in 1994 and held a range of finance and treasury roles until the end of 2004, when he left for Iluka Resources Ltd. He rejoined in 2006 and was recently president of BHP's diamonds and specialty products division, based in Vancouver, Canada.

Mr. Henry joined BHP in 2003 from Mitsubishi Corp., which jointly owns coking coal assets with BHP in Australia. He will continue to be based in Singapore, the company said.

BHP has become increasingly cautious in recent weeks, though it earlier this month said it continued to sell all it produces. Mr. Kloppers told shareholders at a meeting in Melbourne on Nov. 17 that the company's customers were more cautious in how they manage inventories, and some have seen the availability and terms of trade finance tighten.

He said on Monday there has been a large change in the way banks, particularly European banks that have traditionally led trade finance, operate and in the availability of letters of credit. "We expect we will continue to see an impact," he said.‹

BHP begins work on Indonesian met-coal project: #msg-68668919.

BHP/BBL is mentioned bullishly in today’s Barron’s: #msg-66593977.

BHP reports record FY2011 profit: #msg-66518668.

An Ear to the Ground on Metals Prices (from Monday’s WSJ): #msg-66398856.

BHP Billiton Convinced China Metals Demand Sustainable
http://www.forbes.com/sites/kenrapoza/2011/08/10/bhp-billiton-convinced-china-metals-growth-sustainable/

Despite a global economic slowdown, and attempts to curb Chinese double digit growth, multinational mining company BHP Billiton (BHP) chairman Jacques Nasser told China newswire Xinhua that his company is confident about sustained growth in China.

During a business lunch in Sydney, Nasser said the global market turmoil has not changed the company’s view of sustained growth in China. China buys about 30% of BHP’s exports and is the largest importer of iron ore. A decline in demand would send iron ore prices lower from their current highs, and affect the market cap of not only BHP, but also rivals Rio Tinto (RIO) and Vale (VALE), which is China’s leading supplier of iron ore.

“China will continue to grow. I was there recently and I walked away believing their focus was right, that we may not see 10, 11, 12 percent growth anymore, but we will see seven, eight, nine percent growth and the texture of the growth may change,” he said.

BHP Logs Record Iron Production in FY2011; Coal Down from Floods:

#msg-65432652

The above has links to BHP’s FY2011 production and exploration reports.

BHP-HK CC slides: http://www.bhpbilliton.com/home/investors/reports/Documents/110715_BHPBilliton_AllCashOfferForPetrohawk_Presentation.pdf .

BHP acquires HK for $12.1B in cash: #msg-65211152.

BHP FY3Q11 production: #msg-62388498.

BHP Presents Plans for Port Hedland Expansion: #msg-62176194.