About
BHP is one of the world's largest diversified mining companies, tracing its roots to the Broken Hill Proprietary Company founded in Australia in 1885 and the Billiton mining company founded in the Netherlands in 1860; the two merged in 2001. Headquartered in Melbourne, Australia, BHP employs about 80,000 people and generates annual revenue of roughly US$55 billion from iron ore, copper, coal, nickel, and potash. BHP's flagship operations include the Pilbara iron ore province in Western Australia, the Escondida copper mine in Chile — the world's largest copper mine — and the Olympic Dam multi-commodity operation in South Australia. The company is repositioning its portfolio around copper and potash to serve the energy transition, having divested most of its petroleum and thermal coal assets. For industrial buyers, BHP is a benchmark supplier of iron ore and copper concentrate, with transparent quality specifications, standardized pricing mechanisms, and some of the longest-running supply contracts in the mining industry.
Also known as: BHP
