- Barrons.com•14 hours ago
Brazilian iron ore-producer Vale (VALE) and miners Rio Tinto (RIO) and BHP Billiton (BHP) are taking a measured approach to ramping up production, but shares have limited upside, Jefferies analysts say. Vale is slowing the ramp-up of its S11D iron ore project, which should have a positive, tightening effect on iron ore supplies and prices, according to Jefferies analysts Christopher LaFemina, Patricia Hove and Timothy A. Ward, who think an iron ore oligopoly is reemerging, Vale is benefiting from asset sales, and stimulus in China is improving demand there and portends a cyclical recovery in other emerging economies.
- Bloomberg•2 days ago
BHP Billiton Ltd. faces a battle to hold on to its credit score even as lower-rated mining rivals including Rio Tinto Group have seen their debt outlooks boosted amid the rebound in resource prices.
BHP Billiton plc (BLT.L)
LSE - LSE Delayed Price. Currency in GBp
|Bid||1,091.50 x 126000|
|Ask||1,092.00 x 50000|
|Day's Range||1,091.00 - 1,103.50|
|52wk Range||571.60 - 1,203.50|
|1y Target Est||N/A|
|P/E Ratio (ttm)||-909.58|
|Avg Vol (3m)||8,993,129|
|Dividend & Yield||N/A (N/A)|