Tuesday 24 February 2015

Otmane El Rhazi : South32 catalyst for next wave of productivity gains – BHP Billiton

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



Mining giant BHP Billiton, which pulled a free cash flow rabbit out of the thrashed commodity price hat in the six months to December 31, intends the spinoff of South32 to be the catalyst for the new wave of productivity gains in the period ahead “because if you keep doing the same thing, you eventually run out of options”, the company said on Tuesday. In South32, BHP Billiton intends is spinning off some of its aluminium, coal, manganese, nickel and silver ...

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