Zacks Investment Research upgraded shares of BILLITON ADR (BBL) from UNDERPERFORM to NEUTRAL on November 12, 2012, with a target price of $63.00.
Billiton is one of the world's major resource groups. It is one of the world's largest producers of aluminum, the world's largest exporter of thermal coal and has a controlling interest in the world's leading integrated producer of ferrochrome and ferromanganese. The company also has a 50 percent interest in Richard Bay Minerals, the world's largest producer of titanium dioxide slag.
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