BHP Billiton gets tough as prices stay low

Posted on June 9, 2015 by Nanthakumar Victor Emmanuel, P.Eng. COO, CVMR Corporation Leave a comment

Commodity prices are depressed, but cut-throat manoeuvres may keep the mining firm competitive

Mining juggernaut BHP Billiton is determined to put a brave face on a situation in which commodity prices could stay low for a prolonged period. The £73 billion business is adapting to lower metal and energy prices by streamlining operations, rethinking growth projects and driving through cost efficiencies.