CAPITAL MARKETS

Mackenzie's BHP built on four pillars

NEW BHP Billiton chief executive officer Andrew Mackenzie has outlined plans to simplify the company’s portfolio and focus on “four pillars” – iron ore, copper, petroleum and coal.

Kristie Batten

Mackenzie's BHP built on four pillars

Or more specifically, Pilbara iron ore, Escondida copper, onshore US petroleum and Queensland coal. These four businesses account for 89% of BHP's resources. Presenting yesterday at the Bank of...

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