Mr Marius Kloppers CEO of BHP Billiton said that the company plans to stick with its agreement with Australia's Labor government to accept 30% tax on coal and iron ore profits.

He said that the government, relying on support from two independents and one Green politician is under pressure to review the tax that was agreed only with the three biggest miners in Australia, BHP, Rio Tinto and Xstrata. We agreed to something, and our intention would be to stick to it.

(Sourced from Reuters)