BHP Billiton, as the largest mining company, has a high reputation in the market. Owning to this, it got the advantage competitive in the market. Therefore, they got more opportunities than other companies. Facing with the climate change in the world, BHP Billiton as a major producer and consumer of fossil fuels, it has already taken a concrete action against climate change through focusing on cutting its gas emission, making provision for physical climate influences. Therefore, BHP Billiton got
Being a world-class mineral and energy provider, BHP Billiton states to establish large, long-life, low-cost, expandable upstream assets diversified by commodity, geography and market strategies for its company. (BHP Billiton, 2015) Operating Model, consists of Business (Petroleum and Potash; Copper; Iron Ore; and Coal), Group Function (the supporting team, Group Management Committee GMC), and Marketing (the management accounting department), is set up for strategy execution and performance measurement
Sustainability in mining industry Mining industry worldwide earns about $453 billion every year. Their total assets worldwide are worth more than $1.2 trillion. BHP Billiton the biggest mining company by revenue, earning $72 billion last year employs more than 120,000 people. Its profit margins have varied between the high 20 percent to a low of 10 percent last year. Its revenues have decreased from $550 billion in year 2009 to $ 453 billion last year. The variability has been due to a variety of
1. Introduction BHP is a one of largest mining and Resource Company in the world, owning 60000 contractors and employees, global headquarters are found in Melbourne Australia. They have two parent companies-BHP Billiton limited and BHP Billiton Plc. Up to now they have over 130 years history. BHP mainly produces copper, Petroleum, Iron Ore, coal and Potash by process and extract minerals gas and oil. The company have a successful and important strategy that is diversified and expanded by market to
A professional engineer should always consider the public’s safety and welfare when performing engineering work. It is imperative for an engineer to be a professional because their work can affect the lives of many people. The Professional Engineers Ontario (PEO) implemented rules to keep the public interest and trust. A document from the PEO states that “… rules are developed in response to the public’s reliance on professional engineers to ensure that the infrastructure, technology and consumer
Introduction BHP Biliton was formed in 2001 through the merger between Broken Hill Proprietary (BHP) and Bilition. BHP was first incorporated in 1885 as a silver, lead and zinc producer in Broken Hill, Australia while Bilition originated as a tine mine on Indonesia’s Belitung Island in the 1860s.(BHP Bilition,2015).BHP Bilition is the world’s largest mining and resource companies with major commodities such as aluminium. coal, copper, iron ore, manganese, nickel, silver and has petroleum and coal
share market game, I invested in 50 BHP shares costing for $29 per share. Altogether including the $20 brokerage, it cost $1,450. The main reason for investing in BHP is because it is a visual company in the media has diverse mining assets and my parents work in the mining industry and worked for BHP in the past. Since 1851, BHP has extracted and processed minerals, oil and gas (Petroleum) in Australia and America with over 60,000 employees and contractors (BHP 2018, About us). In Australia, they
We use SWOT analysis to determine the performance of Nestle in Malaysia and 7Eleven. SWOT stand for strengths, weaknesses, opportunities and threats. The companies that under our observations received their Halal certificate from Jabatan Kemajuan Islam Malaysia (JAKIM). Nestle had full filled Malaysian standard and this document had undergone the process required by International Standardization Organization (ISO). Nestle branches in Malaysia also received Grad B in sanitary premise from local authority
The end results are measureable hence in the form of monetary value, making the statements very measurable. A corporation has a core purpose that is making money (Barry, 2012) and the confession of that element in the statements by BHP Billiton makes them very believable. On the contrary, the mission and vision statement of the Telstra Corporation Limited are not very SMART because the element of ease and learning is involved. The variables like ease of use and the extent of learning
BHP Billiton acknowledges that their operations can result in significant environmental impacts to the community. As stated though in the ESG guidelines investors are looking at the policies of the company in regards to biodiversity management and water management. In the 2015 sustainability report released by BHP Billiton, its state that 85% of their water inputs come from lower quality water sources, this shows that BHP are targeting water management within
1. The extent to which Billiton PLC Board of Directors complies with the requirement of board effectiveness principles in terms of diversity, skills and experience are illustrated within the table below: “The interests of those who have effective control over a firm can differ from the interests of those who supply the firm with external finance. The problem, commonly referred to as a principal-agent problem, grows out of the separation of ownership and control and of corporate outsiders and insiders
In the past the Australian corporate bonds market has been known to be relatively small due to very few Australian businesses that are large on an international scale (Australian Centre for Financial Studies 2015). Corporate bonds globally are relatively large as they are an alternative form of business finance to bank loans or using equities (The Australian Business Review 2014). Until august 2015, the world’s largest technology company, Apple Inc., that has the largest cash pole at $US200 billion
steel, which is very bountiful in Australia. Fortescue Metals is the world’s 4th largest exporter of iron-ore and is one of many iron-ore mining companies based in Australia. Their main competitors in Australia include Vale SA, Rio Tinto PLC, and BHP Billiton Ltd. (Hoyle) Over the span of its existence Fortescue Metals has accumulated a large amount of debt, though they are making strong efforts towards enabling their company to run effectively enough to accumulate as little debt as possible in future
under competition laws unlikely with its main rivals Rio and BHP Billiton. • There will be an increase demand of steel in Chinese market due to urban expansion by 2025 and this will be an excellent opportunity for FMG to obtain a higher income. • The development of VTEC that gives opportunity for aboriginal group for education and employment. Threats: • The intense competition between other companies such as Rio Tinto and BHP Billiton and the partnership of the two companies in the operation in Pilbara
PESTLE ANALYSIS OF INDIA-BHP BILLITON (IRON ORE, COAL, COPPER AND URANIUM COMPANY) A PESTLE analysis is basically a framework that categorizes environmental influences as Political, fiscal, Social and Technological forces. The analysis examines the impact of each of these explanations (and their interplay with every different) on the business. Philip Kotler claims that PESTLE evaluation is a useful strategic tool for understanding market progress or decline, business position, advantage and path
In time, this situation let many mineral companies, like BHP Billiton, Rio Tinto, to expand the investment and production in Australia rapidly (RBA, 2015). In 2013, more than 45 percent of global iron ore exports came from Australia, as shown in Figure 1-2, which signifies that Australia was the country exports the
Sustainability in mining sector can be categorised into economic, environmental and social understanding and developing guidelines for health and safety, constitutional rights, product accountability and equal opportunity. Rio Tinto works closely with the host countries and local communities and is concerned in maintaining a fair and equitable transfer of benefits and opportunities. http://marine.riotinto.com/ENG/whoweare/179_rio_tinto.asp Rio Tinto being the leading producer of coal has five operating
This report will talk about being a petroleum engineer. Petroleum Engineering is the topic that will be talked about for this career report. The next paragraphs will talk about how it is to work in that job. It will also talk about how this job pays and the education required being in this job. This paper will also talk more about some of the things that this job has. I Petroleum engineering is a field of engineering concerned with the activities related to the production of hydrocarbons, which
Throughout human history, we have gone to great lengths to get resources that were exotic or rare. Wars over gold, silver, and other precious metals when there seemingly is almost an infinite amount of these highly sought-after resources. Space is the next step in the expansion of the human race. When we looked for resources, we covered the earth. When there was nowhere left to go, we dug deeper. Now it is time to look at the stars and find another way to find these important resources. In the close
Introduction Even in todays society girls are underrepresents within the fields of science technology engineering and mathematics. Despite the fact there is little correlation between gender and mathematic ability (Watt, Eccles & Durik, 2006). Which raised the question as to why women opt out of careers within the mathematics domain. This under representation within mathematics could be imbued, due to the ideology that girls are not as competent at mathematics as boys. While this belief of girls