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OPPORTUNITY: Ian Ashby (right) and Andrew Penfold have developed a partnership to deliver scholarships to indigenous students in WA. Photo: Grant Currall

$4m indigenous program

BHP Billiton has stepped up its sustainable development strategy by partnering with east coast-based Australian Indigenous Education Foundation to provide educational scholarships to indigenous high school students and those of university age.

The 10-year, $4.2 million partnership will deliver significant results, according to BHP Billiton Iron Ore president, Ian Ashby.

“Alongside improved access to health services, training and employment, ensuring access to quality education is a significant part of our overall sustainable development strategy,” Mr Ashby told WA Business News.

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BHP Billiton (BHP)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/08/16

1 year TSR5 year TSR
505thRio Tinto-1%-4%
525thNational Australia Bank-6%10%
528thCommonwealth Bank-7%14%
567thBHP Billiton-15%-7%
582ndWoolworths-19%-1%
777 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

1st↑Woolworths$61,149.4m
2nd-Rio Tinto$49,225.3m
3rd↓BHP Billiton$42,224.6m
4th-National Australia Bank$27,213.0m
5th-Commonwealth Bank$27,005.0m
76 listed non wa companies ranked by revenue.
Source: Morningstar

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