BHP loses aluminium chief

 

BHP Billiton has announced a change at its leadership level.

Aluminium president Jon Dudas has announced he will leave BHP.

Dudas had been at the miner for more than two decades.

Currennt aluminium vice president David Richardson will step into the role of acting president.

According to BHP Richardson has spent the last four years in various roles throughout the mine.

No reason was given for Dudas’ swift departure, nor was a timeframe for his replacement.

According to BusinessDay, it is believed that Dudas was forced from his position over issues relating to health and safety standards.

Aluminium has been one of BHP’s worst performing divisions, and has been hit hard globally due to oversupply and Chinese products undercutting price.

Recently Rio Tinto announced that it would divest a large chunk of its alumina and refinery operations.

The market will wait to see if BHP will follow Rio in divesting its assets so soon after it exited the titanium sector by selling its stake in Richards Bay Minerals to Rio Tinto earlier this year.

 

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