Summary: Prices are rising or not falling too sharply for some commodities that BHP Billiton plans to spin off into its new vehicle, South32. Analysts are starting to show more optimism about the demerger, and takeover interest is in the air. BHP Billiton will become a bulk commodities specialist, while South32 will be a metals and mining specialist.
Key take-out: South32 CEO Graham Kerr says the new company has untapped potential and has hinted it could even outperform its parent.
Key beneficiaries: General investors. Category: Mining stocks.