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BHP Group

BHP Group is a leading global resources company that extracts and processes minerals, oil and gas, and has a diverse portfolio of operations across the world.

Categories

Energy and Utilities  

#106

Rank

$149.17B

Marketcap

AU Australia

Country

BHP Group
Leadership team

Mike P. Henry Bsc (Chem) (Board Member)

Athalie Williams Ba (Hons) (Chief People Officer)

Industries

Energy and Utilities

Products/ Services
Iron ore, coal, petroleum, copper, natural gas, nickel & uranium, uranium
Number of Employees
20,000 - 50,000
Headquarters
Melbourne, Victoria, Australia
Established
1885
Company Type
Public Limited Company
Company Registration
SEC CIK number: 0001171264
Net Income
Above - 20B
Revenue
Above - 1B
Traded as
BHP
Social Media
Overview
Location
Summary

BHP Group is a global resources company based in Melbourne, Australia. It was formed in 2001 through the merger of Broken Hill Proprietary Company (BHP) and Billiton, a Dutch-based resources company. Today, BHP is one of the world's largest producers of major commodities, including iron ore, metallurgical coal, copper, petroleum, and nickel.

BHP operates across several countries, including Australia, South America, Africa, and Asia. The company has a focus on responsible resource development and is committed to sustainable practices in its operations. BHP has a strong reputation for health and safety, environmental management, and social responsibility. In addition to its mining and production operations, BHP also has a significant presence in the global energy and commodity markets through its trading and marketing division. The company's strategy is focused on maximizing returns to shareholders while also investing in the long-term growth and sustainability of its operations.

BHP is listed on the Australian Securities Exchange (ASX) and is also included in several major global indices, including the S&P/ASX 50 Index and the FTSE 100 Index. The company has a large and diverse shareholder base, including institutional investors, retail investors, and employees. BHP is widely recognized as one of the largest and most successful resources companies in the world, with a strong reputation for operational excellence, financial stability, and responsible resource development.

History

BHP Group is a leading global resources company that extracts and processes minerals, oil, and gas. The history of the company can be traced back to the late 19th century when the Broken Hill Proprietary Company was founded in Australia in 1885. The company was established by a group of seven men, who had discovered a large silver, lead, and zinc deposit in Broken Hill, New South Wales, Australia. The discovery led to the formation of one of the largest mining companies in the world today.

In the early days of the company, the focus was primarily on mining and processing lead and silver. The company soon became known as one of the world's largest producers of these metals. In the early 1900s, the company began to diversify its operations and started exploring for copper, gold, and other minerals. This diversification was driven by the need to find new sources of revenue as the demand for lead and silver declined.

In the 1920s and 1930s, the company expanded its operations to other parts of Australia, including Western Australia and Queensland. During this time, the company also began to develop its iron ore operations, which would eventually become a significant part of its business. The company continued to grow throughout the 1940s and 1950s, with the acquisition of several smaller mining companies and the development of new mines and processing facilities.

In the 1960s, the company changed its name to BHP Limited, reflecting its growing international presence. During this time, the company continued to expand its operations, particularly in South America, where it began mining copper and other minerals. The company also started to invest in the oil and gas industry, with the acquisition of a controlling interest in Woodside Petroleum.

In the 1970s and 1980s, BHP Limited continued to expand its operations and diversify its business. The company acquired several major mining companies, including Utah International and Magma Copper, which increased its presence in the United States. The company also continued to develop its oil and gas operations, particularly in the North Sea and the Gulf of Mexico.

In the 1990s, the company changed its name again, to BHP Billiton, following a merger with the South African mining company Billiton. The merger created one of the world's largest mining companies, with operations in over 20 countries. The company continued to expand its operations in the following years, with the acquisition of WMC Resources in Australia and Petrohawk Energy in the United States.

In 2015, the company announced that it would be demerging its non-core assets into a separate company, South32. The move was designed to streamline the company's operations and focus on its core business of mining and processing minerals, oil, and gas. Since then, BHP Billiton has continued to grow and invest in its core operations, with a particular focus on copper, iron ore, and oil and gas.

Today, BHP Group is one of the largest mining companies in the world, with operations in over 20 countries. The company has a strong commitment to sustainability and is focused on reducing its environmental impact while continuing to provide the resources that the world needs to grow and develop. With a long and rich history, BHP Group is poised to continue to be a major player in the global resources industry for many years to come.

Mission

The mission of BHP Group is to bring people and resources together to build a better world. BHP Group's strategy is to own and operate large, long-life, low-cost, expandable, upstream assets diversified by commodity, geography and market. This strategy informs the way in which they provide resources, achieve commercial success and make their workplace safe. Additionally, BHP Group has a responsibility to produce strong commercial, social and environmental outcomes for all stakeholders.

Vision

BHP Group's vision is to "create long-term shareholder value through the discovery, acquisition, development and marketing of natural resources." The company aims to achieve this by focusing on safety, sustainability, and operational excellence in all of its operations, while also contributing to the communities in which it operates. BHP also strives to maintain a high level of transparency and ethical behavior in its business practices.

Key Team

Christine Elizabeth O'Reilly (Board Member)

Dion J. Weisler (Board Member)

Gary J. Goldberg (Board Member)

Ian David Cockerill (Board Member)

John Mogford (Board Member)

Malcolm William Broomhead (Board Member)

Terence J. Bowen (Board Member)

Xiaoqun Clever (Board Member)

Caroline Cox (Chief Legal, Governance and External Affairs Officer)

Recognition and Awards
The BHP Group has received several awards for their sustainability initiatives, health and safety practices, and contributions to the community. In 2022, BHP was awarded the Champion of Good award by the National Volunteer and Philanthropy Centre (NVPC) in Singapore. In 2023, BHP's FutureFit Academy was a finalist for the Women in Resources Awards. Additionally, BHP Billiton celebrated their second annual Health, Safety, Environment and Community (HSEC) Awards in 2023, which recognize employees who have achieved outstanding results through projects that contribute to the Company's sustainability objective. The awards were judged in three categories - Health and Safety, Community and Environment by a panel comprising representatives from BHP Billiton and non-BHP stakeholder.
Products and Services

BHP Group's offerings fall into four main categories: iron ore, copper, coal, and petroleum.

Iron Ore: BHP is a major global iron ore producer, operating large-scale mines in Western Australia. Their iron ore products, like lump, fines, and pellets, fuel steel production.

Copper: BHP is a leading copper producer, with operations primarily in Chile. They supply cathodes, concentrate, and wire for applications in construction and more.

Coal: BHP is a top coal producer, with Australian mines providing coking coal for steel and thermal coal for power generation.

Petroleum: BHP produces oil and gas, mainly in the US, Australia, and Gulf of Mexico. Their range includes crude oil, natural gas, and LNG for transportation and power.

Beyond products, BHP offers customer services in logistics, marketing, sales, and technology. Committed to sustainability, they aim to reduce environmental impact while delivering quality products and services.

References
BHP Group
Leadership team

Mike P. Henry Bsc (Chem) (Board Member)

Athalie Williams Ba (Hons) (Chief People Officer)

Industries

Energy and Utilities

Products/ Services
Iron ore, coal, petroleum, copper, natural gas, nickel & uranium, uranium
Number of Employees
20,000 - 50,000
Headquarters
Melbourne, Victoria, Australia
Established
1885
Company Type
Public Limited Company
Company Registration
SEC CIK number: 0001171264
Net Income
Above - 20B
Revenue
Above - 1B
Traded as
BHP
Social Media