World’s top miner BHP quits global coal group over climate stance
The miner is withdrawing from the World Coal Association over a clash of views on how to fight climate change, with BHP saying it’ll reap little benefit from staying on as a member.
When compared to the US, the world's largest economy for 150 years, China's ascent is even more startling because it took place over such a short time-span.
The contract will give the company, which wants to become a one-stop shop African fertilizer business, a platform to distribute the product across eastern and southern Africa.
Argentina’s presidential election, the first to be decided in a second and final round since the constitution was changed in the 1990s, will be key for the country’s economy, particularly its mining sector.
It also revised its guidance for 2015 down, saying sales and revenues for the year are now expected to be about $48 billion—$1 billion lower than the previous outlook.
This year capital and exploration spending at BHP will be $13 billion less than in 2013, leaving the world's largest miner with a single greenfield project.