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BHP releases details of Rio proposal

MINING giant BHP Billiton Ltd believes a merger with Rio Tinto Ltd would accelerate the development of the Pilbara iron ore industry. A briefing paper released by BHP highlighted WA’s iron ore industry and the east coast coal industry as areas where a merged group would be able to achieve large efficiency gains. BHP has estimated that a merger would deliver synergies worth US$3.7 billion (A$4.1 billion) over seven years through efficiencies and accelerated production volumes to meet growing customer demand.

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BHP Billiton (BHP)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
210thBHP Billiton52%8%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

th-BHP Billiton$50,729.3m
77 listed non wa companies ranked by revenue.
Source: Morningstar

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