BHP Says Price Freefall Is Over Following Record Net Loss

  • Producer sees strong longer-term outlook for copper, oil: CEO
  • Second-half profit jumped 95% on commodities rally in 2016

Why Investors Are Reacting Favorably to BHP's Record Loss

BHP Billiton Ltd., the world’s biggest mining company, flagged it’s emerging from the worst commodities price collapse in a generation with renewed impetus after reporting a record full-year loss.

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