BHP Billiton Ends Rocky Fiscal Year with Massive Capital Spending Cuts, Banks on Offshore Drilling

SUGAR LAND--August 17, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--BHP Billion plc (NYSE:BHP) (Melbourne, Australia), the world's top mining firm by market value, suffered a series of crushing setbacks in its fiscal year ended June 30, including the worst mining disaster in Brazil's history. BHP Billiton recorded its worst fiscal-year loss since it was formed in a merger between BHP Limited and Billiton plc in 2001. Industrial Info is tracking $14.92 billion in projects involving BHP Billiton.

Within this article: Details on some of the highest-valued projects involving BHP Billiton, including the Brazilian mine, a potash mine in Saskatchewan, and an offshore drilling program in the Gulf of Mexico.

Other companies featured: Vale S.A. (NYSE:VALE)