SOURCE: Industrial Info Resources

Industrial Info Resources

August 17, 2016 07:30 ET

BHP Billiton Ends Rocky Fiscal Year With Massive Capital Spending Cuts, Banks on Offshore Drilling, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Aug 17, 2016) - Researched by Industrial Info Resources (Sugar Land, Texas) -- BHP Billion plc (NYSE:BHP) (Melbourne, Australia), the world's top mining firm by market value, suffered a series of crushing setbacks in its fiscal year ended June 30, including the worst mining disaster in Brazil's history. BHP Billiton recorded its worst fiscal-year loss since it was formed in a merger between BHP Limited and Billiton plc in 2001. Industrial Info is tracking $14.92 billion in projects involving BHP Billiton.

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