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BASE METALS

BHP looking better

BHP has steadied its 2017 balance sheet and turned in a profit of US$5.89 billion in an 88.5% turnaround on the $6.39 billion loss incurred in 2016.

Karma Barndon
Operations in the Pilbara.

Operations in the Pilbara.

The increase was primarily due to higher commodity prices, stronger operating performance and improved capital productivity. BHP noted an exceptional loss of $381 million in relation to the 2015 Samarco...

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