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BHP sold 61% of iron ore on ‘market reference’ basis in FY ‘09/10

August 30, 2010 - 00:00 GMT

BHP Billiton sold 61% of its iron ore on a ‘market reference’ basis from June 2009 to June 2010, according to the company’s results for the 2010 financial year ending June 30.

BHP Billiton sold 61% of its iron ore on a ‘market reference’ basis from June 2009 to June 2010, according to the company’s results for the 2010 financial year ending June 30. The company sold 39% of its ore...

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Comment & analysis

COMMENT: When super-cycle poster child BHP Billiton trims its plans...

BHP Billiton is one of the poster children for the commodities super-cycle: a mining company whose immense upstream assets in copper and iron ore have fed the industrialisation of China since the early years of the 21st century and enabled it to return $52 billion to shareholders between 2001 and 2011.
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