BHP Billiton - ein Basisinvestment im Rohstoffsektor (Seite 64)

[happymuck]

Im kommenden Jahr ist ein Spin-Off geplant.
Vorsicht für deutsche Anleger, es droht die Abgeltungssteuer (Sachausschüttung)

[Popeye82]

BHP moves away from iron ore to focus on new darling: copper
www.bloomberg.com/news/2014-12-11/world-s-biggest-miner-bhp-…
www.mining.com/bhp-moves-way-from-iron-ore-to-focus-on-new-d…
www.mining.com/bhp-warns-more-cost-cuts-management-shake-up-…

"

- Forget iron ore for now, the world’s largest mining company is making a bold bet on copper. -


Global mining giant BHP Billiton (ASX:BHP) has decided to move away from iron ore and direct upcoming investment to new copper projects, in an effort to meet demand from China, its main customer.

The miner plans to boost copper sales to China more than iron ore and will invest in mines in Chile, Peru, South Australia and North America

“As we go forward, we’re likely to invest a lot more in copper than we are in iron ore,” chief executive officer Andrew Mackenzie was quoted as saying by Bloomberg. The miner plans to boost copper sales to China more than iron ore and will invest in mines in Chile, Peru, South Australia and North America, adds the report.

The company is, in fact, very close to getting final approval for its Resolution project, jointly owned with rival Rio Tinto (LON:RIO), which is set to become North America’s largest copper mine.

BHP is also looking at moving forward with the expansion of its Olympic Dam in Australia, one of the biggest copper deposits in the world. According to chief financial officer Peter Beaven that plan, coupled with $4 billion in new equipment under construction at the company's Escondida mine in Chile, could yield hundreds of thousands of additional tonnes of the red metal per year.


Positive outlook

The industrial metal is one of the few commodities forecast by analyst to out-perform most other metals in coming years. Some even predict a “significant deficit” of the red metal beyond 2018.

Central to BHP’s fresh strategy seems to be the conviction that Asia’s, and particularly China’s, middle class will begin spending more on consumer goods such as air conditioners and refrigerators, which require a lot of copper.

Based on data from the World Bank, current household spending accounts for only around 35% of the Chinese economy versus almost 70% in the U.S. On the other hand, China’s construction boom, which boosted demand for iron ore and steel-making coal is losing steam as Beijing cracks down on real-estate speculation.

According to a company presentation last month, BHP has invested $13.3 billion, or 17% of the company’s total spending, in copper operations over the last five years.

"

[Conger]

Bei Rohstoffen ausser Oel und Gas bin ich mir immer etwas unsicherer. Die Weltbevoelkerung kann gar nicht mehr viel steigen, weil es ansonsten ohnehin zum Crash kommt (meine Meinung). Man stelle sich vor, China und Indien leben so wie Westeuropa und die USA. Das reicht schon aus. Abgesehen davon werden sich vermutlich die Recycling-Moeglichkeiten verbessern. (Oel und Gas kann man nicht recyclen) Es ist fuer mich moeglich, dass wir die Hoechstpreise 2011 gesehen haben.

[cash_is_king]

Hohe Dividenden sehe ich immer etwas kritisch, wenn dem keine entsprechenden Profite gegenüber stehen. Im Zweifel wird halt einfach die Verschuldung höher.

Allerdings drosselt BHP jetzt die Investitionen und Rio Tinto macht das auch. Insofern sollte das für langfristige Investoren eine gute Gelegenheit zum Kauf sein, weil Voraussetzung für spätere Gewinnsteigerungen, wenn die Preise an den Rohstoffmärkten wieder anziehen - und das werden sie irgendwann. Ich habe mich mit Nachkäufen noch zurückgehalten, werde aber sicher auch bald noch mal aufstocken.

[Klein123]

Antwort auf Beitrag Nr.: 48.512.663 von nocturnal am 08.12.14 10:07:26

Dann sind wir jetzt schon mal zu zweit.....

Karlos

[nocturnal]

Antwort auf Beitrag Nr.: 48.499.565 von Klein123 am 05.12.14 14:55:40

Ich war leider eine ganze Ecke zu früh mit meinem Kauf.
Auf die lange Sicht waren das aber vermutlich auch schon günstige Kurse.
Wenn die Welt nicht untergeht wird sich der Kurs früher oder später gut erholen.

[Klein123]

Also, ich bin jetzt auch dabei seit 1,5 Std.
denke die Kurse stehen gut, die Divi stimmt, steuertechnisch fällt ja die Steuer nur in D an, ist gut so da hat der deutsche Staat wenigstens was davon, jetzt warten wir mal ab und kaufen bei fallenden Kursen nach.

Gruß von der Ostalb

Karlos

[cash_is_king]

Antwort auf Beitrag Nr.: 48.440.808 von Rudi07 am 28.11.14 10:49:05

Ich denke der Kursverlauf hängt nicht nur mit dem Ölpreis, sondern vor allem auch mit der Entwicklung bei Goldminenaktien zusammen.

Für mich sind das auf jeden Fall Kaufkurse.

[Rudi07]

Antwort auf Beitrag Nr.: 48.401.144 von Popeye82 am 24.11.14 18:38:41

Morgan Stanley erhöht Kursziel von 20,50 auf 22 GBP, overweight.
Investitionen 350 Mio USD in kanadische Diamantenmine.
Der Kurs fällt immer weiter,

hat BHP so einen hohen Ölanteil der dies rechtfertigen würde ?

[Popeye82]

BHP Billiton to target $4,000,000,000 cost savings by 2017 - MT - Nov 24, 2014
www.mining-technology.com/news/newsbhp-billiton-to-target-4b…

"Anglo-Australian mining giant BHP Billiton has announced targets of $4bn of annualised productivity gains in its core portfolio by the end of 2017, representing a $500m increase compared with previous guidance.

With an improvement in capital productivity, planned investment is expected to come down to $14.2bn from $14.8bn in the 2015 financial year and to $13bn the following year.


The company noted that it has re-established its competitive advantage by closing high-cost capacity and sustainably reducing costs in coal.

BHP Billiton CEO Andrew Mackenzie said: "The group's core assets generated more than 96% of its operating profit in the 2014 financial year, so we can cut complexity and lower costs without losing the benefits of scale and diversity.

"Put simply, we can organise a company that operates 12 large, core assets differently to one with 30 operated assets of varying sizes across a broader range of commodities.

"We are now targeting annualised productivity-led gains of at least $4bn within the core portfolio by the end of the 2017 financial year, an increase of $500m on previous guidance. This includes a minimum reduction in cash costs of $2.6bn per annum."

BHP Billiton's operational performance with respect to copper continues to improve, with unit costs at Escondida expected to fall by 30% in the three years to the end of the 2015 financial year.

At Olympic Dam and Spence, longer term growth projects are expected to support total copper production capacity of far more than two million tonnes a year, with first quartile average C1 costs.

After three years of strong growth at Escondida, production is expected to fall in the 2016 financial year as a result of significant grade decline marking the low point in production for the remainder of the decade.

Following the completion of a low-cost de-bottlenecking project, annual capacity at the multi-mineral ore body Olympic Dam is expected to increase by about 50,000t from the 2018 financial year.

Productivity in the company's coal business has improved significantly in the last two years, with unit costs cut by 37% in metallurgical coal and by 21% in energy coal.

In the 2015 financial year, the group is targeting a further 10% reduction in unit costs at Queensland Coal and a 15% decline in unit costs at New South Wales energy coal by the end of 2016. "