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BHP won't spend $80bn on expansion: Nasser

BHP Billiton chairman Jacques Nasser says the global miner will not spend the $80 billion on growth projects that it said it would, stepping back from previous commitments.

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This just goes to show that despite the fabulous salaries and access to the best possible information, these guys have absolutely no idea about what is really going on. Why are they there and what do they actually do to earn it. I have no idea

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BHP (BHP)

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249thBHP24%14%
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