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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hostile bid of 3.4 BHP Billiton shares for each Rio Tinto share was announced on 6 February 2008; [50] The bid was withdrawn 25 November 2008 due to global recession.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 ...
He has made major innovations in both technical and business arenas within these companies, and is pre-eminent as an earth scientist in the commercial world. He has recently been appointed CEO of BHP Billiton. [4] Mackenzie was knighted in the 2020 Birthday Honours for services to business, science, technology and UK/Australia relations. [21]
As of 2009 BHP Billiton is the second-largest iron ore mining company in the Pilbara, behind Rio Tinto and ahead of Fortescue Metals Group. [6] As of 2010, BHP ...
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.
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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Originally known as McCamey's Monster, after prospector Ken McCamey, the mine was acquired by BHP in 1992. [8] While the mine is fully owned by BHP Billiton, it does also process ore from the Wheelara deposit, which is jointly owned by BHP and a number of Chinese and Japanese companies. [9]