You are here

BHP Billiton posts record annual loss

But world's biggest mining company says it expects cash flow to more than double this year

39505337 - 16_08_2016 - FILES-AUSTRALIA-BRITAIN-RESOURCES-MINING-EARNINGS.jpg
BHP Billiton reported a record US$6.4 billion annual loss on Tuesday, hammered by a bad bet on shale, a dam disaster in Brazil and a commodities slump, but said it expects its cash flow to more than double this year.

Melbourne

BHP Billiton reported a record US$6.4 billion annual loss on Tuesday, hammered by a bad bet on shale, a dam disaster in Brazil and a commodities slump, but said it expects its cash flow to more than double this year.

The world's biggest mining company said that with cost

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom