Original article by James Thomson
The Australian Financial Review – Page: 11 : 26-Apr-16
BHP Billiton executive Mike Henry says acquiring coal assets is not high on the resources giant’s list of priorities. He adds that BHP would consider any coal assets that were put on the market at very low prices, but notes that any bargains are unlikely to include quality assets. A number of mining companies are seeking to divest coal mines, and Henry expects this trend to continue. BHP CEO Andrew Mackenzie has previously indicated that the group is particularly interested in buying copper and conventional oil assets.
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