CAPITAL MARKETS

Expansion plans remain the same: Ashby

AMID reports of investment cuts due to weakening commodity demand, BHP Billiton Iron Ore president Ian Ashby said his division’s expansion plans remained unchanged though he warned of flattening Chinese iron ore demand.

Kristie Batten
Expansion plans remain the same: Ashby

The Australian Financial Review reported today that BHP chairman Jacques Nasser had told investors overnight the mining giant would re-evaluate its $US18.8 billion global investment growth plans due to...

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