BHP

Company Description

BHP Group Limited is an Anglo-Australian multinational mining, metals, and petroleum corporation that is dual-listed on the London Stock Exchange and the Australian Securities Exchange. BHP is involved in the exploration, production, and processing of minerals, especially coal, iron ore, copper, and manganese ore, and the exploration, production, and refining of hydrocarbons.

Detailed Description

BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, rest of Asia, North America, South America, and internationally. It operates through Petroleum, Copper, Iron Ore, and Coal segments. The company engages in the exploration, development, and production of oil and gas properties; and mining of copper, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal. It is also involved in mining, smelting, and refining of nickel; and potash development activities. In addition, the company provides towing, freight, marketing and trading, marketing support, finance, administrative, and other services. The company was founded in 1851 and is headquartered in Melbourne, Australia.

Wikipedia Introduction

BHP (formerly known as BHP Billiton) is an Australian multinational mining, metals and petroleum public company that is headquartered in Melbourne, Victoria, Australia. The Broken Hill Proprietary Company was founded on 16 July 1885 in the mining town of Silverton, New South Wales. By 2017, BHP was the world's largest mining company, based on market capitalisation, and was Melbourne's third-largest company by revenue. BHP Billiton was formed in 2001 through the merger of the Australian Broken Hill Proprietary Company Limited (BHP) and the Anglo–Dutch Billiton plc trading on both the Australian and London Stock Exchanges as a dual-listed company. In 2015, some BHP Billiton assets were demerged and rebranded as South32, while a scaled-down BHP Billiton became BHP. In 2018, BHP Billiton Limited and BHP Billiton plc became BHP Group Limited and BHP Group plc, respectively. In the 2020 Forbes Global 2000, BHP Group was ranked as the 93rd-largest public company in the world. In January 2022, BHP relinquished its London Stock Exchange listing, becoming a solely Australian Securities Exchange listed company. As of 2022, BHP is the largest company in Australia, and the largest mining company in the world, by market capitalisation.

Source: Wikipedia, retrieved on March 31, 2022, 8:42 p.m.

Product & Services

Iron ore, coal, petroleum, copper, natural gas, nickel & uranium

Key People

Ken Mac Kenzie (chair­person)  Mike Henry (CEO)

Financials

Revenue: US$60.817 billion (2021)

Operating income: US$25.906 billion (2021)

Net income: US$13.451 billion (2021)

Total assets: US$108.927 billion (2021)

Total equity: US$51.264 billion (2021)