Iron Ore to Rebound as China Seeks Cheaper Imports

Iron Ore to Rebound as China Seeks Cheaper Imports

BHP Billiton Ltd. via Bloomberg

BHP Billiton Ltd.'s iron ore operations at Port Hedland in the Pilbara region of Western Australia. BHP, the world’s biggest mining company and third-biggest ore shipper, is forecast to today report a 38 percent drop in earnings to $14.6 billion in the year ended June 30, according to the average of eight analyst estimates compiled by Bloomberg.