BHP says case for $15bn demerger is compelling

CEO Andrew Mackenzie says more simplification is a priority.

BHP Billiton has stepped up its resolve to pursue more portfolio simplification, including the “big bang” option of spinning-off more than $US15 billion in unwanted assets into a new company.

The group’s chief executive Andrew Mackenzie told a mining conference in Miami overnight that the case for more portfolio simplification was “compelling’’.


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