BHP Billiton Net Worth is$187.5 B
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Type: Public company


Foundation: Broken Hill Proprietary Company Limited (BHP) 1885; , Merger of BHP & Billiton 2001 (creation of a Dual listed company)

Location: Melbourne, Australia,

Key People: Marius Kloppers (CEO),

Area Served: Worldwide

Industry: Metals and Mining

Products: Iron Ore, diamonds, coal, manganese, gold, petroleum, aluminium, copper, natural gas, nickel, uranium & silver

Revenue: title

Operating Income: net income

Assets: equity

Num Employees: 46,370 (2012)title


Intl: yes

BHP Billiton is an Angloa??Australian multinational mining and petroleum company headquartered in Melbourne, Australia and with a major management office in London, United Kingdom. It is the world's largest mining company measured by 2011 revenues and as of February 2011 was the world's third-largest company measured by market capitalisation.
BHP Billiton was created in 2001 through the merger of the Australian Broken Hill Proprietary Company Limited (BHP) and the Anglo-Dutch Billiton plc. The result is a dual-listed company. The Australia-registered BHP Billiton Limited, which is the majority partner, has a primary listing on the Australian Securities Exchange and is the largest company in Australia measured by market capitalisation. The UK-registered BHP Billiton Plc has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It had a market capitalisation of approximately A?39.6 billion as of 23 December 2011, the ninth-largest of any company listed on the London Stock Exchange.
Billiton was a mining company whose origins stretch back to 29 September 1860, when the articles of association were approved by a meeting of shareholders in the Groot Keizerhof hotel in The Hague, the Netherlands.
Two months later, the company acquired the mineral rights to the tin-rich Billiton (Belitung) and Bangka Islands in the Netherlands Indies archipelago, off the eastern coast of Sumatra.
Billiton's initial business forays included tin and lead smelting in the Netherlands, followed in the 1940s by bauxite mining in Indonesia and Suriname. In 1970, Shell acquired Billiton and accelerated the scope of progress of this growth. The tin and lead smelter in Arnhem, the Netherlands, was shut down in the 1990s.
In 1994, South Africa's Gencor Ltd. acquired the mining division of Billiton excluding the downstream metal division. Billiton was divested from Gencor in 1997. Bhp Billiton remains one of the largest companies listed on the Johann

BHP Billiton Latest News

BHP Billiton gives green light to £2bn copper mine plan

BHP Billiton has hit the button on a $2.46bn (£1.9bn) project to expand a giant copper mine in northern Chile, as it looks to feed rising demand for the red metal. The long-awaited plan will extend the life of its Spence mine by 50 years, and comes as ...
Posted: August 17, 2017, 8:03 am

Elliott raises stake in miner BHP Billiton to 5%

Hedge fund Elliott Advisors has upped its stake in BHP Billiton and said it was confident that the miner’s new chairman would heed its calls to sell the company’s US shale business. Elliott said it had a 5 per cent cash position in the group’s UK ...
Posted: August 17, 2017, 6:59 am

BHP Billiton Earns Relative Strength Rating Upgrade; Hits Key Benchmark

On Thursday, BHP Billiton (BBL) earned a positive adjustment to its Relative Strength (RS) Rating, from 76 to 81. XAutoplay: On | Off This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score.
Posted: August 17, 2017, 7:48 am

Elliott Management increases stake in BHP Billiton

MELBOURNE, Australia--Elliott Management Corp. Wednesday said it has increased its holding in BHP Billiton Ltd. (BHP.AU) and signalled it backs the incoming chairman to act on the sweeping changes it has been seeking. Elliott, which has for months ...
Posted: August 15, 2017, 8:23 am

Chile: BHP to expand copper mine’s life with $2.46b

SANTIAGO – The BHP Billiton says it will spend US$2.46 billion to extend the life of a copper mine in Chile by 50 years. The expansion of the Spence open cut mine will deliver 185,000 tonnes of copper per annum in the first 10 years of operation ...
Posted: August 17, 2017, 8:59 am
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