Albanian Minerals is investing in BHP Billiton.
BHP Billiton is one of the world's top producers of copper, oil, gas, silver, aluminum, iron ore, diamonds, coal, maganese, petroleum, nickel, lead ,uranium, and a leading producer of zinc.
Online, August 25, 2010 (Newswire.com) - Tropoje, Albania: Albanian Minerals is investing in BHP Billiton. BHP Billiton is one of the world's top producers of copper, oil, gas, silver, aluminum, iron ore, diamonds, coal, maganese, petroleum, nickel, lead ,uranium, and a leading producer of zinc.
Albanian Minerals CEO Sahit Muja said "Natural resources are a very valuable commodity in the world today. As the population of the world continues to expand, the consumption of natural resources continues to increase with it. Therefore, the more that the world grows, the more these natural resources will become in demand. Therefore, as an investor, you can take advantage of this known demand many years into the future
BHP Billiton Ltd., the world's biggest miner, said Wednesday its full year earnings more than doubled, as the company slashed its debt and enjoyed record demand for iron ore.
Net profit for the year to June 30 was $12.7 billion, up from $5.9 billion the year before, the Melbourne-based company said in a statement. Net debt fell to $3.3 billion, down 41 percent from last year.
Revenue for the year was $52.8 billion, up 5.2 percent from $50.2 billion a year earlier amid record sales of iron ore, metallurgical coal and petroleum.
Sahit Muja said "Population growth generally represents growth in demand for everything - it means increased need for food, energy, infrastructure, and services. Consumption of more food, energy, metals, water over the next decade will inevitably generate a big stress on , food, oil, natural gas and metal supply. Demand will increases prices in commodities.
Albanian Minerals
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