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BHP Billiton's quantum leaps in iron ore

THE world’s biggest miner, BHP Billiton, has unveiled further plans about its iron ore expansion in the Pilbara, along with the key role of steelmaking materials in its growth forecasts. However, the company was coy when it came to discussing prices for its iron ore product, beyond suggesting Rio’s 80-96% price hikes were not quite enough.

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BHP Billiton's quantum leaps in iron ore

In a three-hour briefing last night, BHP chief executive Marius Kloppers and the heads of the manganese, metallurgical coal and iron ore business divisions within the company spruiked the company's existing...

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