BHP iron-ore division head Ian Ashby will unexpectedly step down on July 1. Ashby spooked his...

|About: BHP Billiton Limited (BHP)|By:, SA News Editor
BHP iron-ore division head Ian Ashby will unexpectedly step down on July 1. Ashby spooked his company's shares and markets worldwide last week with his admission that Chinese demand for ore is flattening out. A firm spokesman says those comments have nothing to do with is departure. BHP shares +1.8% in Sydney.