BHP Sees Price Improvement in Fiscal First Quarter, But Faces Staggering Challenges from Past Year

SUGAR LAND--October 21, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--A historic mining disaster in Brazil, a massive power blackout in Australia and persistently low commodity prices are the three biggest problems facing BHP Billiton plc (NYSE:BHP) (Melbourne, Australia), one of the world's top mining firms, as it begins its 2017 fiscal year. But the company maintains a positive outlook on global mining conditions, after meeting fiscal first-quarter expectations and benefiting from stronger iron ore and coking coal prices. Industrial Info is tracking $15 billion in active projects involving BHP.

Within this article: Details on the numerous challenges facing BHP, including some of its most closely watched projects.

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