BHP: cracks in the buy case?

BHP's woes in Brazil have exposed a weakness in the business. Is there still a case to buy?

Two days ago, few investors had heard of Samarco, BHP’s Brazilian iron ore venture with Vale. Now it's making headlines all over the world after a tailings dam at that asset failed, leading to a calamity for workers, locals and the environment.

BHP’s share price has been savaged as a result and some are questioning the sanity of buying the stock. Are they right?

{{content.question}}

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

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles