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BHP's 'four pillars' no buffer against weak commodity prices
Published Thu, Jul 23, 2015 · 09:50 PM
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 miner has 10 major commodities, including its so-called "four pillars of growth" - iron ore, copper, petroleum products and coal.
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