Alumina, nickel hit BHP profit in 2012

  • Thursday, February 21, 2013
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  • Keywords:Alumina, nickel BHP profit 2012
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BHP's aluminum and nickel division recorded a widening loss of $US285 million in underlying earnings before interest and tax in the half - down from a $US66 million loss a year earlier - the worst performance of any division.
 
Further, impairments of $US1.5 billion after tax against the worse alumina refinery, and $US865 million against BHP's Nickel West assets, both in Western Australia, contributed substantially to the 58 per cent fall in attributable profit for the first half of 2012-13, to $US4.2 billion.
 
 
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