Australias BHP and the BHP Billiton Group
In Australia, few companies are as big or as familiar as BHP and BHP Billiton. Together, they form a dual-listed company that offers unparalleled exposure to some of the worlds largest commodities, and their presence in Australia is unmistakable. BHPs operations span most of Australia, with a range of offices, mining and petroleum operations, along with processing and port facilities.
BHP Billiton Limited is the worlds largest diversified natural resources company. The company operates across a range of different industries, including but not limited to, mined minerals, non-ferrous metals, petroleum and uranium production. It also has a strong presence in other areas of the economy, such as finding, exploration, marketing and coal preparation.
The company was originally founded in 1885 and was then known as the Broken Hill Proprietary Company Limited. It was renamed BHP Limited in 1974. For many years, BHP was a prominent figure in the Australian economy, and the business operations extended far beyond the continent.
In 2001, South African mining and metals company, Billiton Plc, was acquired by BHP Ltd. The two companies then merged to form the new BHP Billiton Limited. The new company was listed on the Australian Securities Exchange (ASX) in 2002, becoming Australias largest company. It also earned a listing on the London Stock Exchange (LSE).
Today, the company is one of the worlds leading producers of iron ore and coal, and has significant oil and gas assets around the world. In addition, the company holds significant interests in aluminum, manganese, and copper, among other resources.
One of the major reasons for the success of BHP and BHP Billiton is the presence of strong management teams. Over the years, they have been able to identify opportunities and take advantage of them. In recent years, the focus has been on rationalizing assets and improving efficiency. BHP has also taken advantage of technological advances to increase the value of its operations and its profitability.
The company also has a strong commitment to safety and environmental management. BHP and BHP Billiton take responsibility for the environment and ensure their operations are safe and sustainable. This is important, given the global focus on environmental issues that are directly linked to the activities of the company.
BHP and BHP Billitons presence in the Australian economy is unmistakable. It is the countrys largest company and one of the most successful. The companys operations are based on the use of natural resources, and it also has investments in other industries such as finance and manufacturing. With an extensive presence in the Australian economy, BHP and BHP Billiton are well positioned to benefit from current and future economic opportunities.
