15.06.2012 - BHP lowers sights as commodity price forecasts dip in medium term

BHP Billiton may have to write $2 billion off the value of its aluminium assets as the global economy struggles, industry experts say. And more writedowns could follow if there is no let-up in the poor conditions buffeting the sector, they say. According to research published by Bank of America analysts, BHP's aluminium business is experiencing "very difficult" conditions...............................................Full Article: Source

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