BHP

This article is about the company. For the unit of measurement, see Horsepower § Brake horsepower. For other uses, see BHP (disambiguation).
"Billiton" redirects here. For the Indonesian island formerly known as Billiton, see Belitung.

BHP Group Limited
Company typePublic
ISINAU000000BHP4
IndustryMetals and mining
Founded13 August 1885 (as the Broken Hill Proprietary Company)
29 June 2001 (as BHP Billiton)
HeadquartersMelbourne, Victoria, Australia
Area served
Global
Key people
ProductsIron ore, coal, copper, gold, nickel, uranium
RevenueIncrease US$55.658 billion (2024)[1]
Decrease US$17.537 billion (2024)[1]
Decrease US$9.601 billion (2024)[1]
Total assetsIncrease US$102.362 billion (2024)[1]
Total equityIncrease US$49.120 billion (2024)[1]
Number of employees
90,000 (2024)[2]
Websitewww.bhp.com
The former BHP Billiton logo

BHP Group Limited, formerly known as BHP Billiton, is an Australian multinational mining and metals public company headquartered in Melbourne, Australia.

The Broken Hill Proprietary Company was founded on 16 July 1885 in the mining town of Silverton, New South Wales.[3] As of 2024, BHP was the world’s largest mining company by market capitalization[4] and the world’s third-largest by revenue.[5] Total iron ore revenue for the company increased by US$3.1 billion to US$28.0 billion in Fiscal Year 2024, accounting for 50.2% of the company’s revenue, while copper and coal contributed 33.4% and 13.8%, respectively.[1]

BHP Billiton was formed in 2001 through the merger of the Australian Broken Hill Proprietary Company Limited (BHP) and the Anglo–Dutch Billiton plc trading on both the Australian and London Stock Exchanges as a dual-listed company.

In 2015, some BHP Billiton assets were demerged and rebranded as South32, while a scaled-down BHP Billiton became BHP. In 2018, BHP Billiton Limited and BHP Billiton plc became BHP Group Limited and BHP Group plc, respectively. In January 2022, BHP relinquished its London Stock Exchange listing, becoming a solely Australian Securities Exchange-listed company. As of 2022, BHP is the largest company in Australia,[6] and the largest mining company in the world, both as measured by market capitalisation.[7] In 2023, the company's position in the Forbes Global 2000 was 90th.[8]

  1. ^ a b c d e f "Annual Report 2024" (PDF). BHP. Retrieved 29 October 2024.
  2. ^ "About us". BHP. Retrieved 25 February 2021.
  3. ^ "Silverton". The Argus. Melbourne, Vic. 30 July 1885. p. 10. Retrieved 21 August 2020.
  4. ^ "Leading mining companies worldwide based on market capitalization in May 2024". Statista. 2024. Retrieved 29 October 2024.
  5. ^ Johnston, Matthew (24 September 2024). "Biggest Mining Companies". Investopedia. Retrieved 29 October 2024.
  6. ^ "Largest Australia companies by market capitalization". CompaniesMarketCap.com. Retrieved 22 July 2022.
  7. ^ "Largest mining companies by market cap 2021". Statista. Retrieved 8 March 2022.
  8. ^ "The Global 2000 2023". Forbes. Archived from the original on 29 January 2024. Retrieved 7 February 2024.