Original article by Peter Ker
The Australian Financial Review – Page: 18 : 1-May-17

Cliffs Natural Resources CEO Lourenco Goncalves contends that the recent fall in the price of iron ore is in part the fault of BHP Billiton CFO Peter Beaven. He had forecast that the iron ore price would weaken in a speech on 9 March 2017, and the price has been in decline since then. Goncalves has welcomed the activist campaign being waged against BHP by Elliott Associates, while also accusing BHP of over-production of iron ore.

CORPORATES
CLIFFS NATURAL RESOURCES INCORPORATED, BHP BILLITON LIMITED – ASX BHP, ELLIOTT ASSOCIATES LIMITED PARTNERSHIP, VALE SA, FORTESCUE METALS GROUP LIMITED – ASX FMG, ARCONIC INCORPORATED, CASABLANCA CAPITAL LP, ROY HILL IRON ORE PTY LTD