This is how BHP plans to be the world’s lowest-cost iron ore miner

[caption id="attachment_747076" align="alignright" width="500"] BHP CEO Andrew Mackenzie.[/caption] BHP Billiton (ASX:BHP), the world’s largest mining company, now also wants to be lowest-cost iron ore miner, and it plans to do so by extending cuts in capital spending and operating costs...

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