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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hostile bid of 3.4 BHP Billiton shares for each Rio Tinto share was announced on 6 February 2008; [50] The bid was withdrawn 25 November 2008 due to global recession.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 ...
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Marius Jacques Kloppers (born 26 August 1962) is a South African-born Australian businessman and former CEO of BHP Billiton, the world's largest mining company. [3] He was also Executive Director and Chairman of the Group Management Committee from 2007 to 2013. [4] He was asked to retire as CEO on 1 October 2013, and was succeeded by Andrew ...
Mackenzie became the chief executive of non-ferrous in BHP Billiton in November 2008. He succeeded Marius Kloppers as the CEO of BHP Billiton in May 2013. [3] [16] In 2014, he was paid $7,123,000 in total compensation. [16] Australia mining head Mike Henry succeeded Mackenzie as BHP CEO on 1 January 2020. [18]
BHP Billiton is the second-largest iron ore mining company in the Pilbara, behind Rio Tinto and ahead of Fortescue Metals Group. [4] As of 2010, BHP employs 8,000 people in its Pilbara operations. [3] On 25 February 2014, BHP Billiton announced it was suspending iron ore output at Yarrie indefinitely in a drive to cut costs. [5] [6]
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Approval for the site was given in February 1993, to be constructed by Hamilton Oil (of Denver, USA). BHP bought Hamilton Oil in 1991. The amount of gas to be brought onshore would be enough to provide electricity for half of Wales. Construction took place in 1994. eni bought BHP Billiton's interest in the Liverpool Bay Development in April 2014.
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