BHP billinton
1>Introduction
BHP Billiton is one of the largest diversified mining and natural resources companies in the world. According to the data provided by Google Finance, BHP is worth nearly $174 billion as of September 4, 2009 (see bibliography, BHP Billiton (ADR), Google Finance). The revenues earned by the group in the fiscal year ending June 2009 BHPre more than $50 billion (see bibliography, BHP Billiton Fundamentals, LondonStockExchange.com), which is higher than the latest GDP estimates of at least 115 countries in the world (see bibliography, The World Factbook Field Listing: GDP (official exchange rate), CIA).
The company was formed by a merger betBHPen BHP and Billiton in 2001. The merged enterprise is a diversified natural resources company, which has businesses producing alumina and aluminum, copper, energy (thermal) coal, iron ore, nickel, manganese, metallurgical coal, oil and gas and uranium, as BHPll as gold, zinc, lead, silver and diamonds. BHP Billiton is listed on various exchanges around the world including London Stock Exchange, Australian Securities Exchange and New York Stock Exchange.
Rio Tinto Plc (or simply RIO) is another diversified natural resources company based in both United Kingdom and Australia. The company is nearly worth $72 billion (see bibliography, Rio Tinto plc (ADR), Google Finance) and is a major rival of BHP Billiton.
Comparison of both BHP and RIO will make this research work interesting as both the companies mine the same resources using cutting edge technology. The financial analysis of both the companies will deal with different areas of performance and position, like Profitability, Liquidity, Financial Risk and Investment.
To make things more understandable, I will also perform a brief analysis on the economic environment in which both my research subjects operate and conduct business. This will help me to examine the common challenges faced by both enterprises and will give a clearer
References: http://essaybank.degree-essays.com/accounting/analysis-of-business-and-financial-performance-of-bhp.php http://en.wikipedia.org/wiki/BHP_Billiton http://ivythesis.typepad.com/term_paper_topics/2010/09/bhp-billiton-swot-analysis.html http://www.bhpbilliton.com/home/Pages/default.aspx