Resources giant BHP Billiton is set to post a resounding return to full-year profitability on Tuesday, helped by stronger commodity prices during the period.
The world's largest miner is expected to report net profit of $US7 billion for the year to June 30, with analyst forecasts ranging from $US6.6 to $US7.5 billion.
That compares to a full-year loss of $US6.39 billion a year ago, when BHP Billiton's result was savaged by lower oil and iron ore prices and a $US1.4 billion cost impact from the fatal Samarco dam disaster in Brazil in November, 2015.
The main driver for the growth in 2016/17 results would be a rebound in prices for iron ore, coal and petroleum.
Iron ore prices peaked at nearly $US95 a tonne in February this year and have remained volatile since but currently trade around $US75 a tonne.
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