BHP

Stock Code
Stock Exchange
BHP Billiton is a single combined company comprised of two legal entities: BHP Billiton Limited (as traded on the Australian Stock Exchange [ASX] as ticker code BHP) ad BHP Billiton Plc (as traded on the London Stock Exchange [LSE] as ticker code BLT). The company is an exporter of metallurgical coal for the steel industry; an exporter of energy coal; a producer of iron ore, copper, nickel, manganese ore, primary aluminums, and manganese and chrome ferroalloys. It also has substantial interests in oil, gas, liquefied natural gas (LNG), diamonds, silver, and titanium minerals.
What can be termed as one of the biggest achievements, Rio Tinto has bagged a record 86 percent hike in iron ore contract prices. The hike includes freight premium with China's biggest steel maker, Boasteel. Shipping iron ore from China is cheaper than from Brazil. This has led to higher iron ore contract price between Rio Tinto and BHP Billiton against Rio de Janeiro based Vale.
Australian Resources Weekly provided by Australian market analyst UBS.
Impact of Apache explosion
Apache gas pipeline explosion event:

Australian Resources Sector Preview provided by Australian market analyst UBS.
Resources Sector – Nickel looking more stainless!
Australian Resources Weekly provided by Australian market analyst UBS.
What are consensus estimates telling us?
Consensus estimates versus spot prices:
Bloomberg data suggests spot is lower than consensus estimates for lead (-25%), nickel (-23%) and zinc (-19%) and higher than consensus estimates for copper (5%) and oil (28%). The implication is that there could be downside risk to zinc, lead and nickel, if prices do not rise from current levels and hence a negative impact on the stocks exposed to these commodities.
Worley Parsons (WOR) has a 12-month price target of $39.42 from stockmarket analyst Macquarie Research Equities.
Worley Parsons (WOR) – Opportunities a Plenty

AED Oil was the overall worst performing stock taking in a 21.14 percent decrease. The technical price chart above is for AED and shows a 10, 100 MA on a candlestick chart, each candle representing 3 trading days. It was a mixture of mining and metal exploration, aviation and resources companies who were among the worst performing stocks for the week 22 of 2008 on the Australian sharemarket: Lihir Gold (LHG), Macquarie Airports (MAP), BHP Billiton (BHP), AED Oil (AED), Minara Resources (MRE), St. Barbara (SBM).
Here is an update on China’s Industrialisation from market analyst Macquarie Research Equities.
China’s Industrialisation: Resources Strong - Go Long!
26 May 2008
China’s Industrialisation: Resources Strong - Go Long!
BHP Billiton (BHP) acquired its outstanding stake in Anglo Potash from Australian stock analyst Macquarie Research Equities.
Australian Resources Weekly
Potash market overview
BHP acquires its outstanding stake in Anglo Potash:
As the Westpac's deal foresees counter bid from other banks, trading of bank stocks have plummeted over the last week. The Big Four banks have rallied and the five biggest players have touched their record high. The Westpac deal with St. George has renewed interest in bank stocks which are usually taken as safe haven. According to portfolio manager, Matthew Kidman from Wilson Asset Management, "For 10 years everyone has said that banks are a safe haven -- and they're definitely not that because they're highly geared and we've seen the share prices get thumped."
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