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

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)

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