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Business View Australia - August 2015 113
A final board decision on the
proposed
demerger
will
be
made once all necessary third
party approvals are secured on
satisfactory terms. On this basis,
BHP Billiton expects to release all
shareholder documentation with full
details of the proposed demerger
in March 2015, with a shareholder
vote taking place in May.
One Billion Tons to China
BHP Billiton celebrated the shipment
of its one billionth ton of iron ore to
China with customers, industrial
associations, joint venture partners,
suppliers and employees in Shanghai.
BHP Billiton’s chief executive officer,
Andrew Mackenzie, was joined by
President (Iron Ore) Jimmy Wilson,
President (HSE, Marketing and
Technology) Mike Henry, President
(Coal) Dean Dalla Valle and guests
to reveal a commemorative plaque
to mark the milestone.
Mackenzie said BHP Billiton, a
leading global resources company,
was proud to contribute to the
important
trading
relationship
between China and Australia and to
the country’s steel industry.
& RESOURCES