BHP to spin off selected operations, focusing on potash and core assets
Published: Tuesday, 19 August 2014
BHP Billiton turns to potash and other key metallic commodities as it continues to simplify its portfolio. The group predicts Chinese consumption will drive fertiliser demand despite its slow progress and 25% cut in investment for the Jansen project in Saskatchewan.
BHP Billiton has stated its intention to spin off some of
its operations to a new company which will enable it to focus
on potash, among other commodities.
The new global metals and mining company with assets in five
countries will incorporate some of BHPs aluminium, coal,
manganese, nickel and...