BHP Billiton result cut by more than half

The Australian mining company expects less from China as iron ore importer on the short term, and the company's bottom line is cut by more than half in new annual report.

BY LOUISE VOGDRUP-SCHMIDT

China's demand for iron ore will not be as strong as it has been so far, says BHP Billiton in relation to the publication of its annual report for the fiscal year 2014/2015.

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