Fitch positive on BHP outlook

Rating agency Fitch Solutions believes that diversified miner BHP will benefit from its diversified portfolio of large, long-life and low cost assets as it continues to outperform its peers in terms of liquidity.

Fitch on Wednesday said that BHP’s strong performance in the 2018 financial year was a testament to this view, highlighted by the fact that the miner managed to reduce its debt substantially during the fiscal period.