A Brief History of BHP Group Limited (BHP)

BHP Group Limited, formerly known as BHP Billiton, is a multinational mining, metals, and petroleum company headquartered in Melbourne, Australia. The company is one of the largest mining companies in the world and has operations in several countries.

BHP was founded in 1851 as the Broken Hill Proprietary Company Limited in the mining town of Silverton, New South Wales, Australia. The company was established to mine silver, lead, and zinc deposits in the region.

• 1885: BHP begins mining operations at Broken Hill, New South Wales.
• 1915: BHP becomes a public company, listing on the Australian Stock Exchange.
• 1930s-1940s: BHP expands its operations into steel production and coal mining.
• 2001: BHP merges with Billiton plc to form BHP Billiton, creating one of the largest mining companies in the world.
• 2017: BHP Billiton changes its name to BHP Group Limited.

Today, BHP Group Limited is a major player in the global mining industry, with operations spanning iron ore, copper, coal, petroleum, and nickel. The company is dedicated to sustainable mining practices and has a strong focus on environmental and social responsibility.

Who Owns BHP Group Limited (BHP)

BHP Group Limited, commonly known as BHP, is one of the largest mining and metals companies in the world. It is a publicly traded company, meaning that it is owned by a variety of shareholders who hold shares in the company. Let's take a closer look at who the major owners of BHP are:

• Institutional Investors: Institutional investors, such as mutual funds, pension funds, and insurance companies, are some of the largest shareholders of BHP. These entities often hold significant stakes in the company, influencing its direction and decision-making.
• Individual Investors: Individual investors, including retail investors and high-net-worth individuals, also own shares in BHP. These investors may purchase shares through brokerage accounts or retirement savings accounts.
• BlackRock: BlackRock, the world's largest asset manager, is one of the top institutional investors in BHP. The company holds a substantial number of shares in BHP on behalf of its clients.
• The Vanguard Group: Another major institutional investor in BHP is The Vanguard Group, a global investment management company. The Vanguard Group holds a significant stake in BHP on behalf of its investors.
• Other Institutional Investors: In addition to BlackRock and The Vanguard Group, several other institutional investors, including State Street Corporation and Fidelity Investments, own shares in BHP. These institutions play a crucial role in shaping the ownership and governance of the company.

BHP Group Limited (BHP) Mission Statement

At BHP Group Limited, our mission is to bring people and resources together to build a better world. Our commitment to sustainable development drives everything we do, from safely delivering essential resources to supporting the communities in which we operate.

Key elements of our mission statement include:

• Responsible resource development: We strive to extract, process, and deliver resources in a safe and sustainable manner, minimizing our environmental footprint and maximizing community benefits.
• Community engagement: We actively engage with local communities to understand their needs and concerns, and work collaboratively to create shared value through our operations.
• Employee well-being: We prioritize the health, safety, and well-being of our employees, providing a supportive work environment and opportunities for professional growth and development.
• Ethical business practices: We conduct our business with integrity, honesty, and transparency, adhering to the highest ethical standards in all interactions with stakeholders.

How BHP Group Limited (BHP) Works

BHP Group Limited (BHP) is a multinational mining, metals, and petroleum company headquartered in Australia. The company operates in several countries around the world, including Australia, the United States, and Chile. BHP is one of the largest mining companies globally and is involved in the exploration, development, and production of resources such as iron ore, copper, coal, and petroleum.

BHP's operations are divided into four main segments: Iron Ore, Copper, Coal, and Petroleum. Each segment is responsible for managing and operating the company's assets within that particular commodity sector.

BHP follows a decentralized operating model, with each segment having its own management team responsible for the day-to-day operations of the assets within their portfolio. This allows for greater efficiency and accountability within each business unit.

The company's success is driven by its focus on operational excellence, safety, and sustainability. BHP is committed to operating in a responsible manner, minimizing its environmental footprint, and engaging with local communities to create positive social impacts.

BHP also places a strong emphasis on innovation and technology to drive productivity and efficiency in its operations. The company invests in research and development to develop new technologies that can improve safety, reduce costs, and increase production.

• Exploration: BHP invests in exploration activities to discover new mineral deposits and petroleum reserves. This involves conducting geological surveys, drilling, and sampling to assess the potential of an area.
• Development: Once a new resource has been discovered, BHP undertakes development activities to bring the asset into production. This includes building infrastructure such as mines, processing plants, and pipelines.
• Production: BHP operates mines, processing facilities, and oil fields to extract and process the resources it has discovered. The company focuses on maximizing production while minimizing costs and environmental impacts.
• Marketing: BHP sells its products to customers around the world. The company has a global marketing team that negotiates contracts, manages logistics, and ensures timely delivery of its products.

How BHP Group Limited (BHP) Makes Money

BHP Group Limited (BHP) is one of the largest mining and resources companies in the world, with operations spanning across various commodities such as iron ore, coal, copper, and petroleum. The company makes money through a variety of sources, including:

• Iron Ore: One of BHP's main sources of revenue is from iron ore mining. The company operates large iron ore mines in Australia and sells the iron ore to steel producers around the world.
• Coal: BHP also generates revenue from coal mining, with operations in Australia and the United States. The company sells both metallurgical coal used in steel production and thermal coal used for energy production.
• Copper: BHP extracts copper from its mines in Chile, Peru, and the United States. Copper is a key component in electronics and construction, making it a valuable commodity for BHP.
• Petroleum: BHP has a significant presence in the oil and gas industry, with exploration and production operations in countries such as the United States, Australia, and Trinidad and Tobago. The company sells crude oil, natural gas, and other petroleum products.
• Other Minerals: In addition to the major commodities mentioned above, BHP also mines for other minerals such as nickel, zinc, and potash. These minerals contribute to the company's overall revenue stream.