BHP BILLITON
BY CHARLIE WACKETT
1). BHP Billiton is one of the biggest mining companies in Australia. They branch out in to all sorts of minerals but the one that I have chosen to focus into is an Iron mine. The mine is located north of Perth. It is called the Area C, their main mineral that they mine there is iron. It’s coordinates are 22.919955°S 118.974471°E. This mine was opened up in 2003 and is owned by BHP Billiton, Itochu Minerals (8%) and Mitsui Iron (7%). Each year this mine puts out 55 tones of iron, which is enough iron to make 20,000 tables at your school. This is why it is really important to make sure that there are iron mines. As you can see on source 1, most of the mines in Australia are based in Western Australia. The mine
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There can be many types of negative impacts on the environment when you mine, “Mineral expiration can have a negative impact on the environment. Its effect depends on the scale of exploration and what equipment is used in the exploration phase” (Australian Bureau of Statistics, 2006). The first big problem when it comes to iron ore mining is when you have to de-pump the water to access the iron ore, the reason that this is such a big problem is that the water that they get rid of generally goes back on the surface which is generally toxic due to the different minerals that are found that deep under ground, this can cause the clean water to become toxic and kill off a lot of fish and marine life. The reason that this needs to be done is because there is not many other ways that are cheap to get the ore exposed. The second impact on the environment is the extraction of the iron ore and the making of the steel. The reason that this is a problem is because it takes a lot of energy to extract but you do not get a lot of iron compared to the amount of energy that you put in. This is a problem because this means that we have to make mine a lot more coal to produces power, also because Australia does not have a iron ore processing plant so that means that we have to sell it to China and then buy it back once they have processed it this means that China can easily just sell in back for more. The third problem with iron ore mining is deforestation. This does not seem like a big problem but this means that when we make a new mine we will cut down trees in a massive area to make space for the mine. This is really bad when it comes to open-pit-mining, as there is no part of the mine that is under ground. Deforestation is bad because it one make it harder for the other trees to process CO2 there for making less O2 in the air and poisoning our ozone layer in the upper
Shelly Zumaya (2220 East Hennepin Avenue, Minneapolis, MN 55413) is the president and sole shareholder of Kiwi Corporation (stock basis of $400,000). Incorporated in 2003, Kiwi Corporation’s sole business has consisted of the purchase and resale of used farming equipment. In December 2011, Kiwi transferred its entire inventory (basis of $1.2 million) to Shelly in a transaction described by the parties as a sale. According to Shelly and collaborated by the minutes of the board of directors, the inventory was sold to her for the sum of $2 million, the fair market value of the inventory. The terms of the sale provided that Shelly would pay Kiwi Corporation the $2 million at some future date. This debt obligation was not evidenced by a promissory note, and to date, Shelly has made no payments (principal or interest) on the obligation. The inventory transfer was not reported on Kiwi’s 2011 tax return, either as a sale or a distribution. After the transfer of the inventory to Shelly, Kiwi Corporation had no remaining assets and ceased to conduct any business. Kiwi did not formally liquidate under state law. Upon an audit of Kiwi Corporation’s 2011 tax return, the IRS asserted that the transfer of inventory constituted a liquidation of Kiwi and, as such, that the corporation recognized a gain on the liquidating distribution in the amount of $800,000 [$2 million (fair market value) - $1.2 million (inventory basis)]. Further, because Kiwi Corporation is devoid of assets, the IRS assessed a tax due from Shelly for her gain recognized in the purported liquidating distributi...
First the story of the Standard Oil Company briefly describes the limits of power. When Rockefeller was trying to take over the market he formed the “South Improvement Plan. When this occurred the public grew very angry with the price of trains, so nobody went on the railroads and Rockefeller eventually got the bill, until prices changed. This is an example of how the consumers, make the company run and when nobody wants to buy your product the individual must adjust. Another example would be when the Standard Oil Company was primarily the only oil company and was forced to split into thirty nine different independent companies. This shows that one business cannot control the entire market and interventions will need to be done accordingly so that a company does not have all the power.
General Motors has made great progress towards diversity however, it took the lawsuit in order for the company to do so. Adding females and minority to the upper management. Had the HR department of General Motors followed the EEOC regulations, this lawsuit could have been avoided.
Is change going to keep Qantas in the air, or force them to the ground?
BHP Billiton is the most successful company throughout the world by using unchanged strategies in their business. They have a strategy to operate large, low cost, expandable, and upstream commodities by using raw materials, geography, different assets and market, which give them a superior marginal costs throughout economic and commodity cycles for several years. They put the security of their workers first and supporting them by providing various facilities (see appendix 1). Their diversification makes the easy cash flow system by reducing the exposure to any one commodity and give for more identifiable and great financial performances. To become more successful BHP have heaps of human resources or workforce which reflect their values and communities. They have aim to recruit and attract other people who make their organization successful and thrive on working in teams and going to their extra miles to give their best. Moreover, they are committed to meet the changing needs of their customers. They have world class portfolio of growth option that will make them able to plan for a short term and long term goals and continuing them to create value for their shareholders which BHP more powerful (BHP Billiton, 2014). By using these all measures BHP Billiton kept its solid position in the nine month period till the end of March 2014 with the record of production attained for four items and at 10 operations. In aggregate, processing expanded by 10% for throughout the period what's more is required to develop by 16% over the two years to the end of the 2015 fiscal year. For further development BHP having a plan to start new projects where they pursuing a higher rate of returns on incremental investment and increasing inter...
1. How was Lincoln able to grow and prosper for so long in such a difficult commodity industry that forced out other giants such as General Electric, Westinghouse and BOC? What is the source of Lincoln’s outstanding and enduring success?
The Political, Social, and Legal Environment of Business. Case Study Analysis: Union Carbide Corporation and Bhopal. A single slip in action may cause lasting sorrow. A slight mistake in operation at a Union Carbide pesticide plant in Bhopal, India, caused a lot of deaths and injuries. What a tragedy it is.
Yes, this additional expense is necessary and mining affects the plant and animal population, hydrological cycle. And it’s necessary to maintain this for sustainable development.
Introduction: Leighton Holdings is Australia’s one of the most reputed organization, which is active in engineering and infrastructure, mining and resources, environmental services industries and telecommunications which is listed on the Australian Securities Exchange since 1962. This company has operations in different countries including Australia, South East Asia, New Zealand, Vietnam, China and Middle East. The main focus and activities of Leighton Holdings include market positioning, strategic direction and planning, financial management and corporate and public affairs.
What comes to mind when you think of coal mining? If you're like me, coal mining means living in darkness and a cold hearted industry. Other words that come to mind are poverty and oppression. Coal mining is not a job that you dream about or get a degree for. People who are coal miners do not chose a life full of danger and repression, they get stuck with it. There are many dangers that come along with coal mining, not only for the workers, but for the environment. Coal mining and the coal industry have caused irreversible damage to our environment and has killed innocent miners.
Though it has had many negative impacts on the environment in the past, mining is a vital industry completely necessary to our economy and lives. Nearly every item we use or encounter in our day to day lives is mined or contains mined products. Without the excavation of such materials things like computers, televisions, large building structures, electricity, and cars would not be possible. Virtually every technological and medical advance uses minded materials, without which millions would suffer. Some examples of minerals in the home include the telephone which is made from as many as 42 different minerals, including aluminum, beryllium, coal, copper, gold, iron, silver, and talc. A television requires over 35 different minerals, and more than 30 minerals are needed to make a single personal computer. Without boron, copper, gold and quartz, your digital alarm clock would not work. Every American uses an average 47,000 pounds of newly mined materials each year, which is higher than all other countries with the exception of Japan, which is a staggering figure representative of our dependence and need for mined minerals. Coal makes up more than half of nation’s electricity, and will continue to be the largest electrical supplier into 2020 & accounting for some 95 percent of the nation's fossil energy reserves – nine of every ten short-tons of coal mined in the United States is used for electricity generation. As the population of the world grows more mineral resources must be exploited through mining in order to support the rising demand for such products. Though it may present a hazard to the environment and those physically located nears the mines, the materials extracted from mines...
Burning and mining coal for fuel is harmful to the environment, but because of how cheap and easy it is to find, many people are unwilling to give it up as a fuel source. One of the problems with coal is that they are limited and are non-renewable, so once it has been used we won’t be able to use it again. When coal gets burned, they start to release harmful, dangerous toxins such as mercury, lead and arsenic that will then escape into the air. It also releases large amounts of carbon dioxide (CO2) into the atmosphere. These emissions increase the greenhouse effect in the atmosphere and lead to global warming.
The Moral problem in the case we are facing is that BP oil company are exploited the people, polluting the ecology, diluting the government guidelines, cheating everyone for their profits is not acceptable on part of giant company like BP .Oil being a natural resource is being extracted by the company for their vested interests neglecting the society and the climate. The food pyramid is getting affected due to its short cuts and lapse in guidelines and total negligence resulting in gross cheating and mass killing of live stocks in sea as well polluting the air. The government intervention at crisis is an example of socialism. BP operations are in more than 100 countries with several reserves are creating chaos for the people working
In 2011 PepsiCo announced the launch of their Social Vending System. This system featured a full touch interactive screen. A consumer can select a beverage and enter the reciepent's name, mobile number, and personalized message and gift it with a video. PepsiCo uses technology to their advantage for global implementation.The company uses media sites in multiple was as advertisement and marketing tools.
In our days, mining for resources is inevitable. The resources we need are valuable in everyday life. Such resources mined up are coal, copper, gold, silver, and sand. However, mining poses environmental risks that can degrade the quality of soil and water, which can end up effecting us humans if not taken care of and many of the damages are irreversible once they have occurred.