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BHP Group Limited, also known as Broken Hill Proprietary Company and formerly as BHP Billiton is an Australian multinational mining and metals public company that was founded in August 1885 and is headquartered in Melbourne.
FMG, under the leadership of Andrew Forrest, is driving a national program which aims to find 50,000 jobs for indigenous workers in Australia. [50] Companies like BHP, FMG and Rio Tinto have programs aimed at increasing the number of Aboriginal employees in their operations. [ 48 ]
After the acquisition, BHP began to plan what would become a proposed $30 billion expansion project, involving the excavation of a new open cut mine within the existing Special Mining Lease. The expansion plan was expected to be a boon to the South Australian economy- forecast to generate an estimated 23,000 direct and indirect jobs.
In time it would improve, and the preference shares remained a problem for BHP, for many years, due to the high rate these shares paid. [14] Howard Smith Ltd retained the BHP ordinary shares it obtained in the merger and quickly benefitted as a result; [15] it continued to be BHP's partner in Southern Portland Cement Ltd, until 1974. [16]
Mount Keith Mine is an open pit nickel mine in Western Australia.It is operated by BHP.The site's closest landmark is the town of Wiluna, 85 km (53 mi) to the north.. The mine, originally opened in 1995, is operated by BHP and part of its Nickel West operations.
In January 2009, BHP Billiton announced that it was suspending production at the Ravensthorpe Nickel Mine indefinitely due to the reduction in world nickel prices caused by the global economic crisis. The decision cut 1,800 jobs and was expected to have a major impact on the local economy. [8]