MARKETS SPECTATOR: BHP's hi-tech hopes

BHP Billiton's company-wide rollout of SAP software may help it manage costs, but traditional triggers such as market fluctuations will remain the biggest challenges.

Mining companies are notoriously bad at managing costs. BHP Billiton wants to change that.

Analysts at Morgan Stanley estimate the mining giant's costs increased by a cumulative 36 per cent, or $US8.7 billion, in the last five years, while its extra operating profit through volume growth was $4.4 billion.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles