Articles Tagged "BHP Billiton"

BHP Announces Drop in Half-year Profit

BHP Billiton (NYSE:BHP) announced the report for the half year ended December 31, 2014, saying that its interim profit had nearly halved, and the prices of the group’s main commodities slumped in the past six months.

Coal Outlook 2015: Material Recovery in Pricing Still a Few Years Out

2014 hasn't been the best year for the coal market. Next year, Joe Aldina of Wood Mackenzie expects to see more high-cost supply come out of the market, but his firm isn't calling for a material recovery in coal prices for another couple of years.

India One Step Closer to Allowing Commercial Coal Mining

The Indian government moved forward with a bill to open up commercial mining in the country when the Lok Sabha passed the Coal Mines (Special Provisions) Bill, 2014. The bill includes the Coal Mine Nationalisation Act, which will allow companies to mine coal in India "in any form either for own consumption, sale or for any other purpose."

BHP Intends to Up Coking Coal Production

The Australian reported that BHP Billiton (NYSE:BHP) is intending to increase its production of coking coal by improving its productivity. The company will also look at new expansion options, according to the publication.