Thursday, February 17, 2011

BHP Billiton increases prices for iron ore

Major mining company, "BHP Billiton" increased prices for iron ore deliveries for the II quarter of 2011 at $ 13 per ton, up to 168 dollars per ton FOB.

In I quarter of this year, the cost of ore BHP is $ 155 per ton FOB.

Recall that "BHP Billiton" in the first half of 2010-2011 fiscal year increased net profit by 71,5% to 10.524 billion dollars revenue commodities giant for a given period has grown by 39% and reached 34.166 billion dollars

As you know, on the basis of the second half of the previous financial year "BHP Billiton" received a net profit of 6.135 billion dollars revenue holding valued at 24.576 billion dollars
In the mining company, "BHP Billiton" includes the Australian "BHP Billiton Limited" and British "BHP Billiton Plc". Largest enterprise in the industry is engaged in bauxite mining, coal, copper, manganese, iron ore, nickel, uranium, diamonds and titanium minerals, silver, and oil and natural gas.

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