BHP Billiton

Kelvin Dushnisky
Kelvin Dushnisky
March 21, 2017
China Shenhua Energy - Mining in Africa
China Shenhua Energy
February 21, 2017

BHP Billiton

BHP - Mining company in Africa
  • Year Founded: 2001
  • Key Founding Individuals: Contractors James Poole and David James, along with six financial backers that included George McCulloch formed Broken Hill
  • Key People: Andrew McKenzie – CEO, Jacques Nasser – Chairman
  • Mined Resources: Iron ore, oil and gas, copper and uranium
  • Operational Regions: Chile, Trinidad, Colombia, Brazil, Peru, Mexico, Canada, the United States, Algeria, United Kingdom, Singapore, Malaysia and Australia

BHP Billiton is a multi-national Anglo-Australian mining, petroleum and metals company. The head office is located in Melbourne, Australia. BHP Billiton is the largest mining company in the world and one of the top five largest companies in Australia (by revenue). It is a dual-listed concern with principal listings on the London Stock Exchange and the Australian Securities Exchange, and is part of the FTSE 100 Index.

History

TBHP Billiton was launched in 2001 through a merger between Broken Hill Proprietary Company Ltd. (BHP), a small Australian mining company, and Billiton PLC, a small Anglo-Dutch mining company. Broken Hill Proprietary was started at a mine in Broken Hill, Australia in 1885. The company discovered, developed, produced and marketed iron ore, oil and gas, copper, silver, diamonds, lead and zinc. It started as a relatively small company but soon expanded operations and became a top supplier of flat steel products. Billiton started operating in 1860 through a tin mine in Indonesia on a small island named Belitung which is where the name Billiton was derived from. The company’s initial operations involved the smelting of lead and tin in the Netherlands. It was followed by bauxite mining operations in Suriname and Indonesia and an additional tin smelting and refining plant named Thaisarco which was located in Phuket, Thailand, and is still in existence. Through time the company became an international leader in mining and metals, and a major copper, chrome, aluminium, alumina, manganese ore, manganese alloy, coal, nickel and titanium producer.

Operations

With a long history of mining a great variety of minerals and natural resources, today BHP Billiton is one of the top iron ore, uranium and copper producers in the world, and has substantial interests in gas, oil, energy and coal. The company extracts and processes minerals, gas and oil from locations in Australia and the Americas. Products are sold internationally with sales and marketing led from operational bases in Singapore and the United States. BHP Billiton has a team of over 65,000 employees and contract workers.

Corporate Responsibility

IThe size and scope of the company allows it to build collaborative relationships in local communities and to make long-term contributions with the aim of assisting economic development, maximising socio-economic benefits of operations, and to minimise negative impact on the environment through technology and innovation.

Core Values

BHP Billiton strives to work with integrity and to stick to the Code of Business Conduct. According to the company’s operational standards it is important to care as much about how results were achieved as the results in itself. BHP Billiton has a strong stance on fighting international corruption in the industry and has a robust anti-corruption program in place.