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News Breaks
07:25 EDTBHP
theflyonthewall.com: BHP Billiton wants to sell coal at market prices, Nikkei.com says
BHP Billiton (BHP) is trying to convince major Japanese steelmakers to pay prices for coking coal based on the market, according to Nikkei.com. BHP Billiton currently negotiates coking coal prices with the Japanese steelmakers once a year, but the miner wants to be able to pass on price increases more easily. However, the Japanese companies are expected to resist the change. Reference Link :theflyonthewall.com



News For BHP From The Last 14 Days
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February 9, 2010
07:30 EDTBHP
theflyonthewall.com: Australian billionaire seeks to build biggest coal mine, WSJ reports

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February 8, 2010
09:19 EDTBHP
theflyonthewall.com: Rebound for miners likely if Chinese demand holds up, Reuters reports

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February 5, 2010
10:10 EDTBHP
theflyonthewall.com: Rumor: Potash moves up on renewed takeover speculation

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07:14 EDTBHP
theflyonthewall.com: BHP Billiton volatility flat as shares trend lower

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February 4, 2010
09:00 EDTBHP
theflyonthewall.com: On The Fly: Analysts Upgrade Summary

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06:59 EDTBHP
theflyonthewall.com: On The Fly: Periodicals Wrap-Up

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06:03 EDTBHP
theflyonthewall.com: Rio Tinto, BHP Billiton begin talks with China, Telegraph reports
Global mining giants Rio Tinto (RTP) and BHP Billiton (BHP) have begun discussions with China over iron ore pricing, following a request for a 40% rise in benchmark prices from South Korea and Japan. It has been suggested that Chinese authorities are looking for a "special China price," a discount to other steel mills in the area. Reference Link :theflyonthewall.com
05:33 EDTBHP
theflyonthewall.com: BHP Billiton upgraded to Outperform from Neutral at Credit Suisse
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February 3, 2010
12:19 EDTBHP
theflyonthewall.com: On The Fly: European Markets Wrap-up
European stocks fell as investors worried about deficits facing Greece and Portugal, and it was reported that the U.S. service sector expanded at a lower than expected rate last month. Britain's FTSE 100 declined 0.57%, or 30.16, to 5,253.15, while Germany's DAX fell 0.66%, or 37.57, to 5,672.09, and France's CAC 40 lost 0.49%, or 18.66, to 3,793.47. UNITED KINGDOM: Weapons maker BAE Systems (BAESY) retreated 2.4% and Rio Tinto (RTP), a mining company, fell 1.41%, while BHP Billiton (BHP), another mining company, lost 0.80% as most metals declined. Barclays (BCS) gained 1.97%. GERMANY: Deutsche Bank (DB) declined 1.79% and Infineon (IFNNY), a chip maker, slid 2.83% but Daimler (DAI), an auto maker, rose 1.70%. Siemens (SI) lost 0.95%. AROUND EUROPE: An index of European service and manufacturing industries fell to 53.7 in January from 54.2 in December...S&P raised its outlook on Lithuania to Stable from Negative. The agency maintained its BBB rating on the company. :theflyonthewall.com

February 1, 2010
06:22 EDTBHP
theflyonthewall.com: Potash and others could be ripe for a takeover by BHP, Globe and Mail says
BHP Billiton (BHP) surprised investors by buying Athabasca Potash last week. The resource giant had already announced a plan to spend another couple hundred million developing its existing potash resource in the province, The Globe and Mail reports. Investors figure the deep-pocketed BHP will just build its own division from scratch instead of buying one of the big players. However, Globes columnist Fabrice Taylor thinks that might be wrong. Taylor thinks BHP is arguably just as much in the hunt if not more so. If it's not Potash Corp. (POT), it's Mosaic (MOS) or Agrium (AGU). But someone will get taken out and relatively soon, is Taylor's inflation-adjusted two cents worth. Reference Link :theflyonthewall.com

January 29, 2010
06:41 EDTBHP
theflyonthewall.com: Potash is up for the fight vs. BHP Billiton, Globe and Mail reports
William Doyle, president and CEO of Potash Corp. (POT), says he's prepared to take on the world's largest miner, convinced that BHP Billiton (BHP) is out of its league when it comes to fertilizer production, The Globe and Mail reports. BHP Billiton is muscling its way further into the fertilizer sector by bolstering its potash assets in Saskatchewan, but Potash is up for the fight. Reference Link :theflyonthewall.com
06:16 EDTBHP
theflyonthewall.com: BHP Billiton approves $2.15B expansion of iron ore business, Herald Sun says

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January 28, 2010
09:26 EDTBHP
theflyonthewall.com: BHP Billiton Canada to acquire Athabasca Potash for $341M, Globe and Mail says

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