BHP Billiton


BHP Billiton is an amalgamated venture of an Australian company Broken Hill Proprietary and a British company Billiton with extensive operations in South Africa. BHP Billiton originated in 2001 and is recognized as the world's largest mining company.

BHP Billiton though is the outcome of merger of two companies but they are dual-listed companies. The Australian BHP Billiton Limited and the British BHP Billiton Plc are separate listed companies with different shareholder strategy and organizations. The governing and managing bodies are the same as the companies function as solitary business with identical boards of directors and a sole management organization. The Australian company based at Melbourne possesses approximately 60% of the operating commerce and the British investment comprises 40% of the operating trade and has a secondary headquarters in London.

The company is spread over 25 countries where they have an extensive variety of mining and processing operations that includes petroleum, diamonds, iron, coal, bauxite and copper primarily along with other metals and mined products. The company has a total manpower of over 100,000 people. The company has significant interests in diamonds, silver and titanium minerals.

No comments:

Post a Comment