BHP: smaller is better

The world’s largest miner will soon split into two businesses. Gaurav Sodhi explains what this means for the new-look BHP and its progeny.

The world’s largest mining house; the most profitable Australian business ever; The Big Fella. Size has always been the defining characteristic of BHP Billiton. For a business that proudly wields its immensity as a trophy of its success, management has taken the most extraordinary step since the business was created. BHP will voluntarily break up.

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