Australian multinational mining and petroleum company
This article is about the company. For the unit of measurement, see Horsepower § Brake horsepower. For other uses, see BHP (disambiguation).
"Billiton" redirects here. For the Indonesian island formerly known as Billiton, see Belitung.
BHP Group Limited
BHP Office Tower in Perth, Western Australia
Company type
Public limited company
Traded as
ASX: BHP
S&P/ASX 50 Component
ISIN
AU000000BHP4
Industry
Metals and mining
Founded
13 August 1885 (as the Broken Hill Proprietary Company) 29 June 2001 (as BHP Billiton)
Headquarters
Melbourne, Australia
Area served
Global
Key people
Ken MacKenzie (chairperson)
Mike Henry (CEO)
Products
Iron ore, coal, copper, gold, nickel, uranium
Revenue
US$60.817 billion (2021)[1]
Operating income
US$25.906 billion (2021)[1]
Net income
US$13.451 billion (2021)[1]
Total assets
US$108.927 billion (2021)[1]
Total equity
US$51.264 billion (2021)[1]
Number of employees
80,000 (2021)[2]
Website
www.bhp.com
BHP Group Limited (formerly known as BHP Billiton) is an Australian multinational mining and metals public company headquartered in Melbourne, Australia.
The Broken Hill Proprietary Company was founded on 16 July 1885 in the mining town of Silverton, New South Wales.[3] By 2017, BHP was the world's largest mining company, based on market capitalisation,[4][5] and was Melbourne's third-largest company by revenue.[6]
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 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,[7] and the largest mining company in the world, both as measured by market capitalisation.[8] In 2023, the company's position in the Forbes Global 2000 was 90th.[9]
^ abcde"Annual Report 2021" (PDF). BHP. Retrieved 14 February 2022.
^"About us". BHP. Retrieved 25 February 2021.
^"Silverton". The Argus. Melbourne, Vic. 30 July 1885. p. 10. Retrieved 21 August 2020.
^"Leading mining companies worldwide based on market capitalization in 2018". Statista. 2018. Retrieved 26 July 2018.
^Els, Frik (5 July 2017). "Top 50 mining companies reshuffle as Chinese, lithium firms climb rankings". Mining.com. Retrieved 26 July 2018.
^Hall, Ben; Simmons, David; Faint, Paris; Bonnell, Yasmin (2 June 2017). "The 2017 Melbourne Top Companies Revealed: The Top 10". Business News Australia. Archived from the original on 28 March 2019. Retrieved 26 July 2018.
^"Largest Australia companies by market capitalization". CompaniesMarketCap.com. Retrieved 22 July 2022.
^"Largest mining companies by market cap 2021". Statista. Retrieved 8 March 2022.
^"The Global 2000 2023". Forbes. Archived from the original on 29 January 2024. Retrieved 7 February 2024.
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