BHP Billiton
BHP Billiton is the world's largest diversified resources company. Company have some 38,000 employees working in more than 100 operations in approximately 25 countries. Reflecting company's aim to be a premier global company, we occupy industry leader or near industry leader 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 more stable cash flows and greater capacity to drive growth than the traditional resource cyclicals. In 2006, we generated turnover of US $39.1 billion, underlying earnings before interest and tax (underlying EBIT) of US $15.3 billion, attributable profit (excluding exceptional items) of US $10.2 billion and net operating cash flow of US $10.5 billion. As at 31 January 2007 our market capitalisation was US $118 billion.
Structure BHP Billiton
BHP Billiton is a Dual Listed Company (DLC) comprising BHP Billiton Limited and BHP Billiton Plc. The two entities continue to exist as separate companies, but operate as a combined group known as BHP Billiton.
BHP Billiton was created through the DLC merger of BHP Limited (now BHP Billiton Limited) and Billiton Plc (now BHP Billiton Plc), which was concluded on 29 June 2001.
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.
The DLC structure maintains pre-existing primary listings on the Australian Stock Exchange (through BHP Billiton Limited) and London Stock Exchange (through BHP Billiton Plc), along with a secondary listing on the Johannesburg Stock Exchange (through BHP Billiton Plc) and American Depositary Receipts listings on the New York Stock Exchange.
Organisation BHP Billiton
In addition to our headquarters in Melbourne and our presence in London, BHP Billiton also has corporate centres in Johannesburg, South Africa and Houston, USA.
Our organisation is designed around Customer Sector Groups (CSGs), which are focused on customers, rather than operations. These CSGs are supported by finance, development, legal and marketing (including transport and logistics) functions.
Our Customer Sector Groups are:
- Aluminium
- Base Metals
- Carbon Steel Materials
- Energy Coal
- Stainless Steel Materials
- Petroleum
- Diamonds and Speciality Products
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