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METAL DETECTIVE

BHP is the biggest loser

IN THE perennial two-horse race with Rio Tinto, BHP Billiton has been voted the biggest loser from the current downturn. But, unlike the reality TV show, BHP won’t be taking comfort from the ranking as it contemplates the trials of discarding NewCo. <b><i>The Metal Detective</i>, By Stephen Bell</b>

Stephen Bell

It hasn’t been a great few days for BHP, the overweight Australian looking to shed excess baggage next year by spinning off its unloved – mostly African – assets into NewCo. First off it was forced...

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