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BHP Billiton Ltd (BHP.AX)

BHP.AX on Australia Stock Exchange

30.69AUD
19 Jan 2018
Change (% chg)

$-0.09 (-0.29%)
Prev Close
$30.78
Open
$30.85
Day's High
$30.98
Day's Low
$30.67
Volume
4,413,338
Avg. Vol
6,951,748
52-wk High
$32.16
52-wk Low
$22.06

Latest Key Developments (Source: Significant Developments)

BHP Selects Jacobs To Deliver Engineering Services For New Nickel Sulphate Facility
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Jacobs Engineering Group Inc ::BHP SELECTS JACOBS TO DELIVER ENGINEERING SERVICES FOR NEW NICKEL SULPHATE FACILITY.JACOBS ENGINEERING - AWARDED ENGINEERING SERVICES CONTRACT FROM BHP FOR NEW NICKEL SULPHATE FACILITY LOCATED AT CO'S KWINANA NICKEL REFINERY.  Full Article

Bhp Billiton ‍Agrees To Fund Up To US$181 Mln For Renova Foundation & Samarco Mineração
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Bhp Billiton Ltd ::‍AGREED TO FUND A TOTAL OF UP TO US$181 MILLION IN FINANCIAL SUPPORT FOR RENOVA FOUNDATION AND SAMARCO MINERAÇÃO S.A UNTIL 30 JUNE 2018​.AN AMOUNT OF US$48 MILLION WILL BE MADE AVAILABLE TO SAMARCO.AN AMOUNT OF US$133 MILLION WILL BE USED TO FUND RENOVA FOUNDATION TO UNDERTAKE REMEDIATION AND COMPENSATION PROGRAMS.  Full Article

Fugro And Cgg's Jointventure Seabed Geosolutions Awarded Two New Contracts
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Fugro and Seabed Geosolutions::.  Full Article

ACCC Says BHP And Esso To Separately Market Gippsland Basin Gas
Monday, 18 Dec 2017 

Dec 18 (Reuters) - The Australian Competition & Consumer Commission::BHP AND ESSO TO SEPARATELY MARKET GIPPSLAND BASIN GAS.BHP & ESSO HAVE EACH COMMITTED TO CEASE JOINTLY NEGOTIATING & ENTERING INTO GAS SALES AGREEMENTS FOR SUPPLY OF GBJV GAS FROM JAN. 1, 2019.BHP AND ESSO’S MARKET POWER AS A SUPPLIER FOR GAS SUPPLY IN THE SOUTHERN STATES INCREASED SIGNIFICANTLY FROM 2010 TO 2015.BHP AND ESSO HAVE EACH PROVIDED THE ACCC WITH A COURT ENFORCEABLE UNDERTAKING THAT REQUIRES THEM TO SEPARATELY MARKET GBJV GAS FROM 1 JANUARY 2019.IN TRANSITION PERIOD, PARTIES WILL ONLY ENTER INTO NEW GAS SALES AGREEMENTS FOR SUPPLY OF GAS UP TO THE END OF DEC. 31, 2020.  Full Article

BHP Updates On Minerals Australia
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - BHP Billiton Ltd ::‍EXPECT AUSTRALIAN MINING OPERATIONS TO DELIVER US$1.6 BILLION OF ADDITIONAL PRODUCTIVITY GAINS OVER NEXT TWO YEARS​.FOR OLYMPIC DAM, ‍BFX OPTION COULD PROVIDE A CAPITAL EFFICIENT PATH TO INCREASED CAPACITY THROUGH ACCELERATED DEVELOPMENT INTO SOUTHERN MINE AREA​.UPDATES ON ‍BHP MINERALS AUSTRALIA OPERATIONS​.IF APPROVED, BFX OPTION COULD LIFT PRODUCTION CAPACITY TO 330 KTPA AND MOVE OLYMPIC DAM INTO FIRST QUARTILE OF COST CURVE​.  Full Article

BHP enters amendment agreement with federal prosecutors in Brazil​ regarding Samarco dam failure
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - BHP Billiton Ltd :Samarco , Vale S.A. (Vale) and BHP Brasil, have entered into an agreement (amendment agreement) with Federal Prosecutors' Office in Brazil​.‍Amendment agreement amends preliminary agreement entered into on 18 january 2017 in relation to Samarco dam failure​.Preliminary agreement suspends a BRL 1.2 billion injunction order under BRL 20 billion public civil claim and requests suspension of that claim.Preliminary agreement outlines process and timeline for negotiation of a settlement of BRL 155 billion and BRL 20 billion public civil claims​.‍BRL 155 billion public civil claim is also suspended, including BRL 7.7 billion (approximately US$2.4 billion) injunction requested by federal prosecutors​.‍Amendment agreement provides for state prosecutors to become a party to preliminary agreement​.Samarco, Vale, BHP Brasil, Federal prosecutors also requested additional 150 days, ending on 20 April 2018, for parties to continue negotiations​.  Full Article

BHP Billiton says "long-term view for markets remains positive"
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Bhp Billiton Ltd ::"After a period of weak prices, several of our commodities are currently trading above longterm price forecasts"‍​."Our long-term view for markets remains positive"‍​."Last month’s chinese communist party congress confirmed our view of the chinese economy"."(China's) housing and automotive demand will weaken. Infrastructure will remain strong, reinforced by the belt and road initiative"‍​.Efficiency of China's industry, especially steel, to result in high premiums for co's iron ore, coal & copper concentrate.  Full Article

BHP Billiton updates on settlement agreements regarding Samarco dam failure
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - BHP Billiton Ltd :‍Entered into a preliminary agreement with federal prosecutors' office in Brazil in relation to Samarco dam failure​.‍Preliminary agreement suspends a BRL 1.2 billion injunction order under BRL 20 billion public civil claim​.‍12th court approved extension of date for negotiation of settlement arrangements.On 30 Oct court approved extension of date for negotiation of settlement arrangements and amendment to preliminary agreement​.‍Extension allows for continuation of interim security arrangements provided to court on 24 Jan 2017​.  Full Article

Cimic Group says Thiess awarded $440 mln BMA mining services contracts
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Cimic Group Ltd ::Cimics Thiess awarded $440m BMA mining services contracts.‍Thiess, secured 2 contracts with combined revenue of $440 million to provide mining services at Caval Ridge and Peak Downs coal mines​.  Full Article

BHP sees growth in China to ease modestly over short-term - CEO​
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Bhp Billiton Ltd::‍EXPECT GROWTH IN CHINA TO EASE MODESTLY OVER SHORT-TERM, AS MONETARY POLICY TIGHTENS AND HOUSING AND AUTOMOTIVE MARKETS SOFTEN - CEO​.  Full Article

UPDATE 1-BHP second-quarter iron ore output up 3 pct, maintains forecast

Jan 18 Global miner BHP on Thursday reported a 3 percent rise in second-quarter iron ore production year over year and said it expects to meet its full-year target as prices for the steelmaking ingredient outperform forecasts.