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A formal hostile bid of 3.4 BHP Billiton shares for each Rio Tinto share was announced on 6 February 2008; [50] The bid was withdrawn 25 November 2008 due to global recession. [51] [52] On 14 May 2008, BHP Billiton shares rose to a record high of A$48.90 following speculation that Chinese mining firm Chinalco was considering purchasing a large ...
It was reported on 1 November 2023 that Mackenzie had defended BHP's A$2m donation in support of the Voice to Parliament referendum, arguing that there were "clear business reasons" for the support. [8] (In October 2023, the Voice to Parliament proposal was rejected nationally and by a majority in every state.
The High Court's decision was handed down on 12 October 2022, with its reasons published the same day. [8] In the published reasons, the Court asked why "If a person in the pool can become a representative party irrespective of their place of residence, as BHP accepts, why can a person in the pool become a group member only if resident in Australia?".
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In 2021–22, BHP signed an agreement with renewable energy provider TransAlta to build a solar farm and a battery storage system in the Northern Goldfields, designed to power the Kalgoorlie smelter, the Kwinana refinery and the Kambalda concentrator, the later having been in care and maintenance since 2018 but being recommissioned in May 2022 ...
BlueScope was formed when BHP Billiton spun-off its steel assets on 15 July 2002 as BHP Steel. [1] It was renamed BlueScope on 17 November 2003. [2]Early in 2004, BlueScope merged with the American firm Butler Manufacturing. [3]
Shares in U.K.-based mining giant Anglo American surged Thursday after it received a 31 billion-pound ($39 billion) takeover approach from rival BHP Billiton, a deal that would create the world ...
Goodyear retired from BHP on September 30, 2007 and was succeeded by Marius Kloppers. [8] Goodyear was considered by Businessweek to have been responsible for BHP's turn-around during the 2000s since, under his leadership, sales increased by 47% and profits by 78%, placing him on top of their "Europe BW50 Leaders" list. [ 9 ]