Bhp And The Global Mining Industry

1351 WordsNov 30, 20166 Pages
BHP is a top producer in the global mining industry with sales of $44 billion and operating in 25 countries. The current influences that may affect BHP’s profit and how it is run are globalisation, technology, cost-based competition, and government policies as priorities. BHP needs to focus on technology and globalisation, as they are key factors and influences that may affect the business greatly as they are directly linked with BHP and its operations processes. Description and Legal structure BHP Billiton is one of the top producers of iron ore, metallurgical coal, copper and uranium, while also interested in oil, gas and energy coal. Extraction and processing of the minerals, oil and gas operations are located primarily in Australia and the Americas. BHP runs under a Duel Listed Company structure with 2 parent companies; which are BHP Billiton Ltd and BHP Billiton Plc. These are operated as a single entity and are run by a board and management. The global headquarters for BHP is Melbourne, Australia. BHP’s revenue was over $44 billion in 2015 with over 65,000 employees in 2016 and operating in 25 countries. Influences Globalisation Globalisation is the high degree transfer of capital, labour, intellectual capital and ideas, financial resources and technology. It includes the removal of trade barriers and increased integration between countries and companies around the globe, which means BHP can operate in more countries, transfer goods between the countries and in
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