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BHP loses that bullish feeling

BHP Billiton has announced it is to take up to another US$450 million in exceptional charges linked to redundancies, inventory write-downs and tax issues on top of the $7.2 billion related to shale gas impairments, disclosed last week. In Sydney, the shares hit a 10-year low.

BHP loses that bullish feeling BHP loses that bullish feeling BHP loses that bullish feeling BHP loses that bullish feeling BHP loses that bullish feeling

Escondida fails to make the grade

An operational review for the half-year ended December 31 maintained 2016 financial year guidance for Western Australia Iron Ore (WAIO) at 270 million tonnes, as continued productivity was expected to