1.1.1 BHP Billiton Company Background
BHP Billiton Limited was founded in the year 2001 as a merger between Australian Broken Hill Proprietary Company and the Anglo-Dutch Billiton Plc. BHP Billiton is a dual listed company and well known as the leading global resources and the largest mining company in the world measured from its revenue. The headquarters is in Melbourne, Australia and a major management office in London, UK. They have more than 100,000 employees and contractors across the 25 nations. BHP Billiton is the major producers of commodities namely energy coal, aluminum, iron ore, minerals, copper, manganese, uranium, nickel, and mining in oil, gas, and diamond. They have more than 100 mining and processing operations across 25 countries.
In the mid year of 2010, BHP Billiton earn US$ 12.5 billion of total profit, US$ 165.6 billion in market capitalization and US$ 200.5 billion in community contributions. BHP Billiton Limited has a primary listing on the Australian Securities Exchange and is the largest companies in Australia measured from its market capitalization. Moreover, BHP Billiton Plc. has a premium listing on the London Stock Exchange. In addition, BHP Billiton has two American Depositary Receipt listings on the New York Stock Exchange. (IN TEXT REFERENCE, COPAST FROM WEBISTE).
Their current strategy remain unchanged since 2001 and commonly they focus on large, low cost, and high quality of assets which vary by its commodity, markets, and geographic. BHP Billiton has high values and corporate social responsibility. They put safety first, functionally excellence, high integrity, and prioritize its people. They operate their production safely and they believe that they are the businesses that have minimal injuries, fatalities or illnesses. It all succeeded due to a strong leadership that could handle and minimizes all the risks. Their operational systems are diversified geographically and commodity, which measures