BHP Billiton Set to Spin Off Assets - Presented by: The Aol. On Network

It's the world's biggest mining company. But BHP Billiton could become a little smaller. The Anglo-Australian heavyweight would like to spin off its unwanted aluminum, manganese and nickel assets, which don't contribute much to earnings. That sets the stage for a separate company, which one report estimated could be worth $14 billion. The board is expected to decide when it meets next week before it releases its annual results.



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