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BHP's 'four pillars' no buffer against weak commodity prices

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Mr Mackenzie is confident BHP's focus on best-in-class performance will create value and deliver superior returns to shareholders

Sydney

BHP Billiton's strategy of diversifying across commodities was designed to shield the miner in a volatile sector, but its entire suite of products suffered double-digit price falls in the latest half-year.

Unlike rivals which rely on one or two minerals, the world's biggest