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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

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