BHP Billiton is the world's largest diversified natural resources company
We are distinguished from other resource companies by the combination of the quality of our assets; our deep inventory of growth projects; our customer-focussed marketing; our diversification across countries, commodities, and markets; and our petroleum business.
As at 30 June, 2009 we had some 40,990 employees working in over 100 operations in 25 countries. Reflecting our aim to be a premier global company, we occupy significant positions in major commodity businesses, including aluminium, energy coal and metallurgical coal, copper, manganese, iron ore, uranium, nickel, silver and titanium minerals, and have substantial interests in oil, gas, liquefied natural gas and diamonds.
The central tenet of the BHP Billiton business model is that its diversified portfolio of high quality assets provides stable cash flows and an enhanced capacity to drive growth. In FY2009, we generated revenue of US$50.2 billion, attributable profit (excluding exceptional items) of US$10.7 billion and net operating cash flow of US$18.9 billion.
BHP Billiton was created through the Dual Listed Companies (DLC) merger of BHP Limited (now BHP Billiton Limited) and Billiton Plc (now BHP Billiton Plc), which was concluded on 29 June 2001.
BHP Billiton Limited and BHP Billiton Plc continue to exist as separate companies, but operate on a combined basis as BHP Billiton. The headquarters of BHP Billiton Limited, and the global headquarters of the combined BHP Billiton Group, are located in Melbourne, Australia. BHP Billiton Plc is located in London, United Kingdom. Both companies have identical boards of directors and are run by a unified management team. Shareholders in each company have equivalent economic and voting rights in the BHP Billiton Group as a whole.
Company News /
by Glenn Dyer -
A year ago
26 Jun 2023 - As the financial year draws to a close, the Australian sharemarket is poised to end in positive territory. The S&P/ASX 200 index has experienced an approximately 11% …
Company News /
by Glenn Dyer -
A year ago
21 Jun 2023 - BHP has announced that it will not accelerate its decarbonisation plans beyond its existing target of reducing emissions by 30 per cent by 2030.
Company News /
by Glenn Dyer -
A year ago
02 Jun 2023 - Just over a week ago on May 21, there was BHP (ASX:BHP) telling the world that – while it supported the goal of protecting vulnerable workers – the Albanese governmen…
Company News /
by Glenn Dyer -
A year ago
31 Mar 2023 - In a surprise statement to the ASX on Thursday, Mincor revealed that BHP had refused a request to alter its nickel ore offtake agreement, throwing a big roadblock in …
Company News /
by Glenn Dyer -
2 years ago
22 Feb 2023 - Despite sharp falls in revenue, earnings and dividends for the December half year, BHP Group (ASX:BHP) CEO Mike Henry remains pretty upbeat about the rest of the fina…
Market Reports /
by Peter Milios -
2 years ago
21 Feb 2023 - The Reserve Bank of Australia considered raising the cash rate by 0.5 percentage points due to concerns that high inflation may persist, leading to higher interest ra…
Market Reports /
by Peter Milios -
2 years ago
20 Jan 2023 - Stocks fell Thursday as investors grew increasingly concerned the Federal Reserve will keep raising rates despite signs of slowing inflation. Overall, overnight’s per…
Company News /
by Glenn Dyer -
2 years ago
20 Jan 2023 - A solid December quarter and half year for BHP (ASX:BHP) in its core iron ore and copper businesses while production and shipments of coking and thermal coal from its…
Company News /
by Glenn Dyer -
2 years ago
19 Nov 2022 - BHP (ASX:BHP) has won out in its pursuit of OZ Minerals (ASX:OZL), with the copper company’s board agreeing to a higher $28.25 a share offer which gives OZ an enterpr…
Company News /
by Glenn Dyer -
2 years ago
17 Nov 2022 - OZ Minerals (ASX:OZL) and BHP (ASX:BHP) have resumed their marriage talks trying to find a dowry in the form of an offer price that will see the deal appeal both to s…
Company News /
by Glenn Dyer -
2 years ago
15 Nov 2022 - No new news on rumours of BHP’s (ASX:BHP) $25 per share marriage to OZ Minerals (ASX:OZL) on Monday, but there was an intriguing technical update about the latter’s n…
Company News /
by Peter Milios -
2 years ago
21 Oct 2022 - In June, the Palaszczuk government increased their coal royalty program on what was already one of the highest coal royalty structures in the world.
Company News /
by Glenn Dyer -
2 years ago
20 Oct 2022 - BHP (ASX:BHP) has followed Rio Tinto’s weak lead from Tuesday by leaving an underwhelmed market wondering about the details of its 2023 first quarter report on Wednes…
Market Reports /
by Lauren Hayes -
2 years ago
19 Oct 2022 - The local market is marginally higher this morning, with Materials and Energy dragging down the benchmark, and all other sectors in the green. At noon, the S&P/ASX 20…
Company News /
by Glenn Dyer -
2 years ago
24 Sep 2022 - No wonder Whitehaven Coal (ASX:WHC) shares touched record levels this week after it revealed another cornucopia of rewards from the coal price boom for shareholders t…
Market Reports /
by Tim McGowen -
2 years ago
17 Aug 2022 - The Dow Jones Industrial Average rallied on Tuesday, rising for a fifth day as earnings results from Walmart and Home Depot showed consumer spending could remain stro…
Company News /
by Glenn Dyer -
2 years ago
17 Aug 2022 - BHP (ASX:BHP) shareholders can thank the great global coal price boom – especially thermal coal – for the largesse of record dividends for the year to June.
Market Reports /
by Paul Sanger -
2 years ago
16 Aug 2022 - China's economic slowdown continues to have a dampening effect on consumer spending. Bloomberg noted cautious consumers accumulated CNY10.3T in deposits over H1 2022,…
Company News /
by Glenn Dyer -
2 years ago
16 Aug 2022 - BHP (ASX:BHP) will pay record full year dividends after reporting the second-biggest profit in the company’s history in the year to June 30.
Company News /
by Glenn Dyer -
2 years ago
15 Aug 2022 - Moody’s certainly likes BHP’s appetite for OZ Minerals and the benefits it sees the deal bringing to the world’s biggest (but slimming) resources company).
Company News /
by Glenn Dyer -
2 years ago
09 Aug 2022 - After BHP lobbed its $8.3 billion all-cash bid for OZ Minerals on Monday morning, the future for the targeted company is clear – it will not be allowed to remain inde…
Market Reports /
by Paul Sanger -
2 years ago
08 Aug 2022 - The labour market added 528,000 jobs in July, easily beating a Dow Jones estimate of a 258,000 increase. The unemployment rate ticked down to 3.5 per cent, below the …