BHP result puts it in the cross hairs

A solid profit and lower debt within BHP Billiton’s (AU:BHP) half-year result is likely to please shareholders, but it may also provide fuel for campaigners looking to hike the iron ore royalty on BHP and fellow major Rio Tinto (LN:RIO).

BHP's iron ore operations in WA will continue to be the focus for shareholders and WA tax enthusiasts alike

21 February 2017
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BHP posted an attributable half-year profit of US$3.2 billion, above consensus of around $3 billion, and a reversal of the December 2015 half-year loss of $5.6 billion.

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