BHP Billiton announces new chairman

Aluminum Corporation of China (Chalco) has announced that it is investing US$500M in a bauxite project in Boffa, in the Boké Region, 125 miles northeast of Guinea’s capital Conakry.

Australia is still suffering a hangover from the resources and commodities boom of the second half of the last decade and the first half of this one.

Dust management remains an environmental priority for dry bulk ports worldwide.

BHP has approved capital expenditure of US$2.46B for the Spence Growth Option (SGO) at the Spence open-cut copper mine in northern Chile.

BHP has set out its vision for the potash sector, and said it believes demand could double by the late 2040s to become a US$50B market.

The Board of BHP has elected a new chairman to succeed Jac Nasser on his retirement as both chairman and a non-executive director.