INTRODUCTION:BHP Billiton is one of the top and leading companies who mainly deal in global resources. It is one of the major producer of main commodities like iron-ore, oil, gas (both conventional & unconventional), copper, energy coal, aluminium, silver and nickel. Developing values for the shareholders for long-term is their purpose which can be achieved by developing, creating new innovative methods of methods of marketing of natural resources.It has above 100 operations running in 25 nations
INTRODUCTION: BHP Billiton is a diversified leading global resources company. BHP is world’s top producers of major commodities, like silver, nickel, copper, oil and gas, iron ore, metallurgical and energy coal, aluminum, manganese, uranium. • The biggest maker on the planet, BHP Billiton Limited has reported a benefit of $ 200 billion business sectors with a business underwriting of more than (ASX BHP) as of late in the six months to December 2013 declared a benefit of $ 7.8 billion. The aggregate
profit announcements in the mining industry; specifically the effect on BHP Billiton. The price index of BHP Billiton and two of its competitors, namely Rio Tinto and Fortescue Metals Group, on the Australian Stock Exchange has been recorded for 3 weeks before and 3 weeks after a profit announcement in order to facilitate an investigation into investor behaviour following the release of accounting information. Closer examination of BHP Billiton’s internal management and wider external economic forces have
Environment Factors As a natural resources company, BHP Billiton is vulnerable to changes in the environment and policies regarding the environment. With each environmental downfall, profit is jeopardized, which can push growth and innovation back. BHP Billiton has been heavily affected with blackouts in South Australia that has been interrupting production in Olympic Dam since September 28 during a two-week blackout. Without power supply security, BHP Billiton is having difficulty keeping power prices affordable
Introduction 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
BHP Billiton analysis of International strategies and discussion BHP Billiton is a globalized company that was formed in 2001 through a merger between Broken Hill Proprietary (BH P) and Billiton. BHP is one of the world’s largest producers of aluminum, cooper, iron, ore, silver uranium and other minerals alike. BHP also has interests in petroleum. BHP is the worlds largest mining and resource company with about 100,000 staff in more than 25 different countries. The companies headquarter resides
Introduction: BHP Billiton is a diversified leading global resources company. BHP is world’s top producers of major commodities, including iron ore, metallurgical and energy coal, conventional and unconventional oil and gas, copper, aluminum, manganese, uranium, nickel and silver. The largest producer in the world, BHP Billiton Limited has reported a profit of $ 200 billion market with a market capitalization of more than (ASX BHP) recently in the six months to December 2013 announced a profit
11 3. Conclusion and Recommendations 13 References 14 Executive summary BHP Billiton Limited (BHP) is the world’s leading diversified resources companies that major commodity businesses contain minerals probe, manufacture (primarily iron ore, coal, copper, etc), and considerable interests in gas and oil. It was officially listed on ASX on 13 August, 1885(ASX, 2014). BHP investors and shareholders probably include taxable or tax-exempt companies, small and large institutions
THREE IMPORTANT FACTS ABOUT BHP BILLITON: CARRYING OUT OPERATIONS SAFELY AND TAKING CARE OF PEOPLE SAFETY The safety and health of people is core to every aspect of business. People return home safe and well at the end of day and enabling them to end their working life fit and healthy are central to everything industry do. There operations are in system in place to identify, manage and effectively respond to foreseeable crisis and emergencies. Collectively, these requirements are designed to enable
and beneficial to the people surviving in that society. The individual effort for accomplishment of sustainability is impossible with out the support of companies. Company’s operates not only for today but it aim to success in future. Whereas, BHP Billiton is a multinational mining (i.e. metals, petroleum, coal, aluminium, manganese) company who believes environmental and social performance is vital for the business. It businesses in 17 countries, is headquartered in Melbourne, Australia and has
BHP Billiton is a global leader in mining and resource companies with around 100,000 employees in over 25 countries worldwide.BHP was founded in 1885 as the broken hill proprietary company having three main operations such as minerals, petroleum and steel. In case of minerals and petroleum market it includes the production of iron ore, copper, nickel, silver, diamonds, oil and gas and other natural resource. It also produces other services like transport and logistics, corporate services, strategy
BHP BILLITON BHP is known as Broken Hill Proprietary Company and was established in 1885 and its works in three major sectors which are: mineral, petroleum and steel along with that it also works in some other field like transport and logistics, corporate services, strategy and legal .Mainly they were involved in discovery, development, production and marketing of iron ore, copper, oil and gas. Its main headquarter was in Melbourne and gave employment to 30000 individual. Billiton was formed in
figure had more than doubled with a total of 320 million tonnes (U.S. Geological Survey, 2008). Such a significant change is partly attributed to the continuous expansion and diversification of the industry’s two key players, Rio Tinto Group and BHP Billiton, into the Pilbara region of northwestern Australia. Other sensitivities include environmental and social demands, technological advancements, and research and development amongst others. It must be noted that each of these factors can be drawn
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
Gold mining in South Africa has a large impact on the environment, the economy and social structure in South Africa. The environmental impact of gold mining on the environment includes water, air and noise pollution. The mining industry in South Africa is one of the largest in the world. It provides jobs for hundreds of thousands of people in the mining industry alone. The mining industry also indirectly provides jobs for about 400 000 with the goods and services that the mines require to run successfully
INTRODUCTION BHP Billiton is a leading global resources company. Its vision has always been to create value for its long term shareholders through the holistic approach of natural resources, which involves 4 major steps, namely discovery of the natural resources, its acquisition, development and management of the natural resources, and finally marketing of the same. BHP Billiton is a global firm, with operations on a truly worldwide scale, and has been single minded committed in upholding its
1.AGL business Background 1.1History The Australian Gas Light Company was built in 1837 in Sydney. The AGL listed on the Sydney Stock Exchange. They expanded their business into electricity in a kind of different locations. The company also as the first company which launched gas purification in Australia, that can be used in private houses. AGL was a pioneer the new nylon pipe technology, to prevent from gas leaking. The company and Alinta Limited agreed to merge in October 2006. They merged
kilometres north-west of Adelaide in South Australia. The mine has been owned by BHP Billiton since 2005 when it was purchased for $9.2 billion AUD from the Western Mining Corporation. The Olympic Dam Mine currently employs approximately 3500 people from the Adelaide region and surrounding towns with a majority of the employees living in the nearby town of Roxby Downs. Overview In 2007, the global conglomerate BHP Billiton announced it was going to expand the Olympic Dam Mine
2, Why has the leasing standard been changed? What will change? What does it mean for BHP and Rio Tinto? And how AASB 16 would benefit and or disadvantage the BHP and Rio Tinto? AASB 16 was issued in February 2016 and will come into effect in January 2019. This is to replace the current standard AASB 17. Transparency were not achieved under AASB 17 as the leasing items are not complete, neutral or free from error. Under the current standard, leases with similar financial circumstances to purchased
All of those approaches complement each other so we could see the full picture of Rio Tinto. Industry-based approach emphasis mostly on opportunities and threats of Rio Tinto. Their main competitors are BHP Billiton and Glencore Xtrata and main opportunity is the huge demand for the products. Resource-based approach is focusing on Rio Tinto’s strengths and weaknesses. Their major strength is that they are the leader in the new technology and have diversified