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BHP Billiton

The Australian BHP Billiton Limited and the British BHP Billiton Plc list separately with separate shareholder bodies but they operate as one business with identical boards of directors and a single management structure. The headquarters is in Melbourne with other key offices in London, Perth, Johannesburg, Santiago, Singapore, Shanghai, Houston and The Hague.

After the merger between BHP and Billiton in 2001, Brian Gilbertson of Billiton was appointed CEO. In 2003 after just six months at the helm, he abruptly stepped down citing irreconcilable differences with the boards.

Upon Gilbertson's resignation, Chip Goodyear was announced as the new CEO and continues in that role to his announced retirement on the 30 September 2007. Marius Kloppers has been announced as the successor CEO.

The company operates a wide variety of mining and processing operations in 25 countries, employing approximately 38,000 people.

The company has nine primary operational units:

Iron ore
Manganese
Petroleum
Aluminium
Base Metals (primary products include copper, lead, zinc and uranium)
Metallurgical Coal
Thermal Coal
Stainless Steel Materials (nickel and cobalt)
Diamonds & Speciality Products (diamonds and titanium minerals)

The group publishes its accounts in US Dollars. Its revenue (or turnover) for the year ending 30 June 2006 was $32.153 billion. Profit before tax was $14.166 billion and profit for the year was $10.534 billion. Both of these figures were up significantly on the previous year as BHP Billiton benefited from a continued global escalation of commodity prices and higher production levels.

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