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While demand in China will remain strong, BHP (NYSE:BHP) forecasts, the growth in mineral prices...

Feb. 24, 2013 4:02 AM ETBHP Group Limited (BHP) StockBHPBy: Yigal Grayeff, SA News Editor5 Comments
While demand in China will remain strong, BHP (NYSE:BHP) forecasts, the growth in mineral prices will slow to 2-4% a year over the next five years from 15-20% at the moment. As a result, BHP will continue to cut costs, says new CEO Andrew Mackenzie, although he also he plans to extend Marius Kloppers' record "of sector-leading returns" to shareholders.

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