Gas price plunge helps BHP's hedging call
![Gas and oil prices have fallen in recent weeks.](/content/dam/images/g/q/v/m/z/x/image.related.afrIndexLead.320x210.gsj3dn.png/1478412877549.jpg)
BHP Billiton's decision to break with decade-long practice and use hedging in its United States shale gas operation appears to have been perfectly timed.
BHP Billiton's decision to break with decade-long practice and use hedging in its United States shale gas operation appears to have been perfectly timed.
Zinc retreated from a five-year high, while copper touched its highest since July.
BHP Billiton is hot for electric vehicles - and their demand for a certain metal.
As the threads start coming together for OZ Minerals' planned $975 million Carrapateena mine in South Australia, options for partnering are understood to be at the forefront of CEO Andrew Cole's mind.
BHP Billiton urged state and federal governments to shake up National Electricity Market rules to bring more gas fired power back into South Australia's wind-dependent power grid.
Aluminium prices fell to two-week lows due to worries about Chinese producers ramping up output.
The price of copper slipped to a one-month low on Friday after the US dollar gained.
Copper prices fell after China's September trade data showed a sharp decline in imports.
Demand for Tesla's Powerwall and Redflow's ZCell home batteries has soared to astronomical levels after blackouts in SA and Victoria.
BHP Billiton has signalled both the geography and modus operandi of its quest for new copper horizons through a rejected $US305 million play...
Lead paced base metals higher as copper, tin and zinc posted huge monthly and quarterly gains.
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