BHP Billiton (BHP)

they actually MAKE money and pay a dividend !!!

Some energy companies are already landing big deals in India.

Many more nuclear power contracts are expected in coming months.

Uranium use will increase 3% annually over the next 10 years, as new reactors are built around the world, Grandey said. A short-term loan taken last June to help finance investments in new assets has been extended on good terms, and Cameco has also received new credit of $100 million.

Australia is the world’s second-largest uranium producer, trailing only Canada. Australia exports about 10,000 metric tons of uranium a year - representing a $900 million injection into the domestic economy.

Because India hasn’t signed the NPT, Australia has so far been coy about selling uranium to that country. But since the Nuclear Suppliers Group waiver, India has signed intergovernmental civil nuclear cooperation agreements with France, Russia, the United States and Kazakhstan. If Australia does change its position, BHP Billiton Ltd. (ADR: BHP) will be a big beneficiary.

BHP is the second-largest commodities company in the world, mining steel, aluminum, copper, iron, nickel, titanium, diamonds and gold. It is also proprietor of the world’s largest uranium deposit, the Olympic Dam.

Western-Australian natural gas output may be reduced more than 30% as a result of an explosion at the Varanus Island processing hub. The reduction in supply has much of the state’s mining companies, such as BHP Billiton (BHP) and Rio Tinto Group (RTP), scrambling to limit production losses. With demand for metals on the rise and a decrease in Australian gas output of 30%, could the price of metals go even higher?

State Premier Alan Carpenter met with companies on the weekend to coordinate a response to the closure of about a third of the state’s gas supplies. Western Australia exported A$53 billion of minerals and energy in 2007, including 16% of the world’s iron-ore supply and 11% of its nickel.

Shares of BHP Billiton Ltd. (BHP) rose when in May 2008, amid speculation that Aluminum Corp. of China Ltd. (ACH) is interested in acquiring a stake in the world’s biggest mining company, Bloomberg reported. If it happens, it could add an interesting twist to BHP’s $178 billion hostile offer for rival Rio Tinto plc (RTP), as Aluminum Corp. of China recently purchased a stake in Rio in February.

BHP is a major producer of iron ore. In fiscal year 2008, BHP generated revenue of $59.5 billion, a profit of $15.4 billion, and net operating cash flow of $18.2 billion.

Their asset portfolio is long life, high quality, low cost, and well diversified by product and geography. The company is also conservatively financed with little debt.