DIVERSIFIED MINERS
Mining major BHP has made a case for its current project portfolio amidst renewed pressure for shareholder Elliot Management to abandon the US petroleum assets.
BHP CEO Andrew Mackenzie told the Bank of America Merril Lynch Global Metals, Mining & Steel Conference that for a total investment of $5-billion over the company’s project portfolio, BHP could add over 20% to its current production, at an average return of 75%.
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