Top 5 China Companies To Watch For 2015: BHP Billiton Limited(BHP)
BHP Billiton Limited, together with its subsidiaries, operates as a diversified natural resources company worldwide. The company engages in the exploration, development, and production of oil and gas; mining and refining of bauxite into alumina, and smelting of alumina into aluminum metal; and mining of copper, silver, lead, zinc, molybdenum, uranium, gold, diamonds, and titanium minerals, as well as development of potash deposits. It also involves in the mining and production of nickel products, manganese ore, and manganese metal and alloys, as well as in the mining of iron ore, metallurgical coal, and thermal coal. BHP Billiton Limited sells its copper, lead, and zinc concentrates, and alumina to smelters; copper cathodes to wire rod mills, brass mills, and casting plants; uranium oxide to electricity generating utilities; rough diamonds to diamond buyers and diamond manufacturers; nickel products to stainless steel, specialty alloy, foundry, chemicals, and refractory ma terial industries; metallurgical coal to steel producers; and energy coal to power stations, power generators, and industrial users. The company, formerly known as BHP Limited, was founded in 1885 and is headquartered in Melbourne, Australia.
Advisors' Opinion:- [By Dan Caplinger]
Alcoa took a risk in putting itself in its current position, and so far, that effort has paid off. Major competitors like BHP Billiton (NYSE: BHP ) and Rio Tinto (NYSE: RIO ) have taken steps to reduce their exposure to aluminum, and their willingness to sell off assets at less than premium prices in part contributed to Alcoa's big share-price decline going into last year. Yet investors are counting on Alcoa's aluminum focus to boost its growth as the industry strengthens.
- [By Jayson Derrick]
BHP Billiton (! NYSE: BHP) said that it would consider a de-merger of itself by spinning off various mining assets into new entities to simplify its portfolio. Shares gained 1.83 percent, closing at $72.45.
source from Top Stocks For 2015:http://www.topstocksblog.com/top-5-china-companies-to-watch-for-2015-2.html
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