BHP considered spinning off iron-ore, coal divisions
The world's biggest listed miner BHP Group considered spinning off its Australian iron-ore and coal divisions as part of a medium-term growth strategy, three sources with knowledge of the matter told Reuters. As part of a planned focus on future-facing commodities potash and copper, BHP weighed separating out the divisions, as it did with South32 in 2015, with an Australian listing most likely, two of the sources said.
The world's biggest listed miner BHP Group considered spinning off its Australian iron-ore and coal divisions as part of a medium-term growth strategy, three sources with knowledge of the matter told Reuters. As part of a planned focus on future-facing commodities potash and copper, BHP weighed separating out the divisions, as it did with South32 in 2015, with an Australian listing most likely, two of the sources said.
