BHP Billiton has called a halt to one of its so-called "mega-projects", going back to the drawing board on its $20bn Olympic Dam copper-uranium development in South Australia as falling commodities prices weighed on the miner's full-year results.
Marius Kloppers is a man on a mission. Last October, at the age of 45, he became CEO of one of the world's biggest companies, mining giant BHP Billiton. Less than two months later, he launched what would be one of the biggest corporate takeovers in history -- an estimated 150 billion dollar megabid for rival Rio Tinto. The Boardroom's Andrew Stevens met the soft-spoken South African at BHP's global headquarters in Melbourne, Australia.
BHP Billiton Ltd., the world's largest mining group, is considering a bid to rival a $28.7 billion offer for aluminum producer Alcan Inc., and has hired investment bank Merrill Lynch & Co., sources familiar with the matter said.