Australian mining giant BHP Billiton warned that due to weak global demand for coal, especially in China's industrial activity slowed, the company will consider layoffs. The company said that the environment of rising costs and falling commodity prices, the company will continue to focus on reducing overhead costs and operating costs, and has withdrawn the $ 80 billion five-year spending plan announced last year.
 
BHP Billiton is expected that, excluding special items, profit attributable to $ 16.9 billion this year will be $ 21.7 billion last year; the year ended June EBITDA will fall by more than 10 percent to $ 33.2 billion.



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