BHP's battle against a slumping ore price

BHP Billiton's productivity strategies appear to be paying off, with its low-cost, high-quality ore starting to drive out lower grade production in China. This could see the big miner wield more influence over prices in the long term.

BHP Billiton’s full-year production numbers demonstrate that Andrew Mackenzie and Rio Tinto’s Sam Walsh are continuing to execute the strategies they implemented when taking charge of the two big Pilbara iron ore producers.

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