Company is the worlds largest diversified resources group. It has seven divisions: Petroleum, Aluminium, Base Metals, Carbon Steel materials, Diamonds and speciality products, Energy coal and Stainless steel materials.

            Red = 25 day moving average.           Green = 200 day moving average.

SALES PER ACTIVITY (Data as of 30/06/2006)

Carbon steel:   28%
Oil:                18%
Aluminum:       15%
Basic metals:   15%
Coal:               9%
Stainless steel: 9%
:                    3%
Diamonds,
minerals, etc:   3%

StockMarketWire.com
BHP Billiton has maintained all production and unit cost guidance for the 2018 financial year.

It said good progress had been made on its latent capacity projects, with first production from the Los Colorados extension project and the Olympic Dam southern mining area achieved in the September quarter and the Caval Ridge southern circuit project progressing to plan.

It said all major projects under development were tracking to plan.

An operation review for the quarter said: 'In Onshore US, our operated rig count increased from five to nine during the September 2017 quarter.

'Divestment of a small portion of the Hawkville acreage was completed during the quarter, with work underway to exit our remaining Onshore US assets for value.

'In Petroleum exploration, evaluation of the positive drilling results from Wildling-2 is continuing, with a sidetrack also encountering oil in multiple horizons which will assist with establishing the scale of the discovery.'

StockMarketWire.com
BHP said it expects to recognise an income tax expense of US$1.8bn following the lowering of US Federal corporate income tax rate from 35% to 21% as well as other measures introduced by the recently enacted US Tax Cuts and Jobs Act.

The company said that the tax expense will be treated as an exceptional item and would include two main components: a non-cash re-measurement of deferred taxes as a result of the reduction in the US Federal corporate income tax rate of US$898m and a non-cash impairment of foreign tax credits due to reduced forecast utilisation of US$834m.

Over the longer term, however, the company said that US tax reform will have a positive impact on US attributable profits mainly due to the lower corporate tax rate.