newratings.com  Feb 28  Comment 
MELBOURNE (dpa-AFX) - Anglo-Australian mining giant BHP Billiton plc (BHP.AX, BLT.L, BBL, BHP) announced the final results of the Any and All Offer as part of its US$2.5 billion bond repurchase plan. BHP Billiton said it will spend US$1.086...
newratings.com  Feb 21  Comment 
MELBOURNE (dpa-AFX) - Anglo-Australian mining giant BHP Billiton plc (BHP.AX, BLT.L, BBL, BHP) reported Tuesday a profit in its first half, compared to last year's hefty loss on sharply lower one charges. Underlying EBITDA, a key earnings...
newratings.com  Jan 11  Comment 
MELBOURNE (dpa-AFX) - Executives from BHP Billiton Ltd. (BHP.AX, BLT.L, BBL, BHP) met with President-elect Donald Trump for talks on the industry, as the incoming administration's pledges to boost infrastructure spending lift metals and...
newratings.com  Nov 25  Comment 
MELBOURNE (dpa-AFX) - Anglo-Australian mining giant BHP Billiton plc (BHP.AX, BLT.L, BBL, BHP) said that it has approved further financial support for Samarco. The amount of US$181 million has been approved to fund the remediation and compensation...
newratings.com  Oct 21  Comment 
MELBOURNE (dpa-AFX) - Anglo-Australian mining giant BHP Billiton plc (BHP.AX, BLT.L, BBL, BHP) has rejected criminal charges by Brazilian prosecutors filed against the company and its current and former employees in relation to last year's...
newratings.com  Oct 5  Comment 
MELBOURNE (dpa-AFX) - Anglo- Australian mining giant BHP Billiton plc (BHP.AX, BLT.L, BBL, BHP) Wednesday outlined a broad range of opportunities within its Petroleum business to grow value, returns and cash flow as markets improve. The company...
CNNMoney.com  Sep 29  Comment 
1. Surprise oil agreement: Crude prices jumped more than 5% overnight to just over $47 per barrel after OPEC countries finally struck a preliminary agreement to cut oil production.
newratings.com  Sep 21  Comment 
MELBOURNE (dpa-AFX) - BHP Billiton (BHP.AX, BLT.L, BBL, BHP) announced that John Schubert will retire from the Board at the conclusion of the BHP Billiton Limited Annual General Meeting in November 2016. Dr Schubert has been a Non-executive...
Forbes  Aug 29  Comment 
Looking at the universe of stocks we cover at Dividend Channel, on 8/31/16, BHP Billiton plc (NYSE: BBL) will trade ex-dividend, for its semi-annual dividend of $0.28, payable on 9/20/16. As a percentage of BBL's recent stock price of $27.54, this...
Benzinga  Aug 24  Comment 
BHP Billiton — the global resources giant that is engaged in the exploration, development, production, processing and marketing of minerals — has its stock listed on several exchanges across the world. BHP Billiton Limited (ADR) (NYSE: BHP)...


BHP Billiton plc is the London corporate office for BHP Billiton Group. Though its shareholders differ from BHP Limited it shares direct control of the company with Australia based BHP Limited (board of directors and management however only a minority of them are appointed from BHP Billiton plc due to its smaller market value). The plc designation came from before the 2001 merger of BHP and Billiton when Billiton had its central office in London. BHP Billiton plc is listed on exchanges in London, USA and South Africa. BHP Billiton's market cap is about 20% smaller than its counterpart BHP Billiton.

The division, the British part of the enlarged company is the source of much of BHP Billiton's present coal, aluminum and titanium operations. The larger BHP contributed the oil, copper and diamond businesses.

Complete information on the company is at BHP Billiton Limited's article BHP Billiton

Brief company overview

pg.63 in'10 20F[1] % share 2010 2009 2008
diamonds (mil ct)80%3.0503.2213.341
titanium '000 T37.76%434654643
nickel '000 T100%176.2173.1167.9
cobalt T100%1001,4001,700
iron ore (mil T)85%124.962114.415112.260
manganese mil T44.4%-60%6.1244.4756.575
meta coal Mt24.6Mt50%
energy coal Mt100%

Even though BHP Billiton is by far the world's biggest resource company it has yet to develop and begin operating key assets (including the AUS$1.3 trillion Australian olympic dam deposit). Because of that the range of products it receives revenue from is not as diverse as it is for competitors like Rio Tinto; BHP has $133 billion worth of gold at olympic dam but in 2010 the company recorded no gold production (Rio Tinto produced 733,000 ounces of gold in fiscal 2010). For example iron ore, base metals, coal, petroleum and aluminum account for 85.2% of BHP Billiton's revenue but only 68.0% of assets.

Production (revenue, ebit, assets)

Despite production of some key products being down or flat for 2010 revenue was at a record high, the result of very strong commodity prices (with the exception of coal, for coal revenue was down 29.3% even though production (metallurgical and energy coal together) rose 0.7%). Rising prices also helped the bottom line; revenue was up 5.2% even though core expenses were down 13.9% (operating profit showed excellent results but earnings before taxes were pushed down; they were basically steady on the year).[1]

Merger of BHP Limited and Billiton plc

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The merger happened in May 2001 and formed the largest diversified resources company in the world. Though the combined company was to have its main headquarters in Melbourne, Australia the deal got more support from England's Billiton (91.5% compared to 88.2% from BHP). BHP workers showed up in the thousands to protest the deal citing potential job losses. At the time Australia was the most important region of operations for the combined company making up 37% of total assets and 52% of revenue (revenue includes other operations in Asia). For the first year revenue was around US$18.6 billion and ebit US$3.3 billion (that compares to US$52.8 billion in 2010 revenue and US$19.7 billion in ebit).[2]

Shareholders (June 2010)

Australia and England are the main sources of investment with 97.87% (99.05% including New Zealand) of BHP Limited shares owned by Australians and 79.7% of BHP plc shares owned by people in England (97% of shares outside of England are owned in South Africa). 69% of BHP Limited is corporate owned while 99.36% of BHP plc is corporate owned.[1]


  1. 1.0 1.1 1.2 BHP Billiton 2010 20 F Annual Report page 11, 245 (2010).
  2. BHP shareholders say yes to Billiton merger (2001-05-20).
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