AFP
AFP Mal Fairclough Mining giant BHP Billiton is set to sell some of its shale gas assets in the United States, closing the chapter on a controversial acquisition three years ago that sparked a multi-billion dollar msds writedown Sydney (AFP) - Mining giant BHP Billiton is set to sell some of its shale gas assets in the United States, closing the chapter on a controversial acquisition three years ago that sparked a multi-billion dollar writedown.
But plunging US gas prices forced the Anglo-Australian miner to book a $2.84 billion writedown on the value of the Fayetteville assets in August 2012, with then chief executive Marius Kloppers forgoing his annual bonus.
The potential Fayetteville msds sale comes two months after BHP announced a plan to create a new independent company by demerging non-core assets, including some of its aluminium, coal, manganese, nickel and silver msds operations.
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Sydney (AFP) - Mining giant BHP Billiton is set to sell some of its shale gas assets in the United States, closing the chapter on a controversial acquisition three years ago that sparked a multi-billion dollar writedown.
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