Sentence examples for bhp it from inspiring English sources

And gold is selling for just under $300 an ounce, compared with $376 at the end of 1996.Although Mr Prescott's departure cannot end such price slumps for BHP, it does represent something of an evolution in Australian business.

In a paper by the Hunter Valley Research Foundation called Diversification of the Hunter Economy – Post BHP, it found structural change in Newcastle towards a services- and tertiary-based economy had been decades in the making.

While Rio's board would balk at selling assets to arch-rival BHP, it is bound by fiduciary duty to consider any package from BHP that is better than Chinalco's offer.

Without firsthand accounts from BHPs, it is difficult to accurately characterize and understand their practices and clinic environments.

BHP said it hoped that its strong balance sheet and the fact it would pay for Potash in cash would discourage rival bids.

Just moments after dropping its bid for Rio Tinto, BHP said it would take a $2.1 billion pre-tax impairment charge on two Australian nickel mines, and it also approved spending $5.0 billion on iron ore expansion.

She said buying Potash made sense for BHP because it would further diversify its cash flow and would add a "low cost, high-quality asset" to its portfolio.

BHP said it had brought forward its plans to rebuild the furnace at its smelter in Western Australia because of deterioration at the plant.

As Andrew Keen of HSBC points out, if Rio was attractive to BHP when it had debts of $40 billion why would it not be now?As the benefits of diversification ebb, the benefits of scale are growing.

To better focus on minerals and petroleum, BHP said, it planned to spin off its steel business by the end of 2002.

BHP said it wanted a "simpler business", adding that the sale would let it focus on "large, long-life, low-cost, expandable, upstream assets".