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BHP BillitonAustralia
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Created before Nov 2016
Last update: 2016-09-13 11:37:22

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San Juan coal mine and power plant in New Mexico US, owned by BHP Billiton's subsidiary New Mexico Coal. Photo: Doc Searls via Flickr (CC BY 2.0)
Sectors Coal Mining, Mining, Oil and Gas Extraction
Headquarters
Ownership

BHP Billiton is listed at the Stock Exchanges of London, New York, Australia and Johannesburg.

Subsidiaries
Website https://www.bhp.com

About BHP Billiton

BHP Billiton is the world's largest mining company. It occupies significant positions in major commodity businesses, including aluminium, energy coal and metallurgical coal, copper, manganese, iron ore, uranium, nickel, silver and titanium minerals, and has substantial interests in oil, gas, liquefied natural gas and diamonds. BHP Billiton was created through the merger of BHP and Billiton in 2001. BHP was founded in 1885 in Australia, to operate the silver and lead mine at Broken Hill in western New South Wales. Billiton was founded in 1860 in the Netherlands, to exploit tin mines in Sumatra. BHP Billiton earned revenues in 2015 of total USD44.6 billion. The number of employees that same year amounts to 29,670.

Latest developments

BHP Billiton sinks to USD5.67 billion loss

2016-02-23 00:00:00

Brazil dam collapse death toll rises to 17, BHP says

2015-12-22 00:00:00

Impacts

Social and human rights impacts

In 2012 BHP was forced to negotiate more secure contracts for workers at all it's Bowen Basin operations, after an 18 month during dispute with the workers unions.

Indonesia - Coal : BHP Billiton's Indo Met Coal project concessions cover large areas of forest land. The community of the village of Maruwei in the Murung Raya Regency of Central Kalimantan province, has lost access to customary forest. The village is situated close to the site of the planned new Haju Mine, the first part of the huge Indo Met Coal project owned by the multinational mining giant BHP Billiton and Indonesian firm Adaro Energy. The village itself will not be displaced by the new mine, but the Indo Met Coal project has taken land used by local people and given the traditional owners payment of just 100 rupiah (around €0.006) per square metre.

Environmental and climate impacts

BHP was successfully sued by the indigenous inhabitants because of the environmental degradation caused by the OK Tedi copper mine operations in Papua New Guinea.

Other impacts

BHP Billiton was fined USD 25 million by the US Securities and Exchange Commission for violating anti-bribery law by paying for luxury hotels, sightseeing trips, and event tickets for government officials and their spouses at the 2008 Olympic Games. According to the SEC, BHP footed the bill for officials who were “in a position to help the company with its business or regulatory endeavours,” including officials connected with BHP contract negotiations or regulatory dealings to obtain mining rights in Congo, Guinea, Burundi, and the Philippines (source corruptionincoal.org).

Governance

Updates

BHP Billiton sinks to USD5.67 billion loss

2016-02-23 00:00:00

Mining giant BHP Billiton has posted a huge half-year net loss of USD5.67 billion and warned that weak commodity prices will continue. The figure for the six months to December compared with a profit of USD5.35 billion for the same period in 2014.

Brazil dam collapse death toll rises to 17, BHP says

2015-12-22 00:00:00

The number of confirmed deaths from the collapse of a dam in Brazil has risen to 17, according to an update from mining giant BHP Billiton. Two people working on the dam, which held back waste water from iron ore mining, are unaccounted for, BHP said. BHP owns the dam with Brazil's Vale via a joint-venture, Samarco. A court has frozen their assets in the country (source: BBC).

Financiers

  • Lazard - international -
    • advisory service: Principal Manager. Amount not known
      source: Press release, BHP Billiton, Melbourne, 12 November 2007; Reuters, London, 22 November 2007.

Related projects

Projects

active

Cerrejón coal mine Colombia

Coal Mining
There are no projects active for BHP Billiton now.
on record

Woodside Petroleum’s gas refinery Australia

Oil and Gas Extraction
on record

Great Barrier Reef Coal & Gas Exports Australia

Coal Mining | Oil and Gas Extraction | Fossil Fuels Bulk Stations and Terminals
on record

IndoMet Coal Project Indonesia

Coal Mining

News

| |
Type:
Year:
blog
external news
our news

Glencore, Anglo and BHP complete Cerrejon coal transaction

Diversified miner and commodity trader Glencore on Tuesday announced that it had completed the acquisition of Anglo American’s and BHP’s respective 33.3% interests in the Cerrejon coal mine, in Colombia, having received regulatory approvals.
2022-01-11 | Mining Weekly
blog
external news
our news

Lack of coal exit plans poses challenge to finance’s engagement strategy

New analysis from Reclaim Finance shows that the vast majority of coal companies are failing to plan for an exit from the sector, despite looming deadlines set by several of their financial backers.
2021-12-21 | Paris | Reclaim Finance
blog
external news
our news

NGOs release the 2021 Global Coal Exit List: 1000 companies driving the world towards climate chaos

49% of the companies on the 2021 GCEL still developing new coal assets. Less than 5% of companies on the list have announced a coal exit date.
2021-10-07 | Berlin | urgewald
blog
external news
our news

Colombia coal production fell 40% last year amid coronavirus, strike

2021-03-29 | miningweekly.com
blog
external news
our news

Anglo American to exit thermal coal production by 2024

2021-02-25 | montelnews.com
blog
external news
our news

Drought, Disease and Isolation: The Urgent Situation of the Wayuu in La Guajira, Colombia

2021-01-29
blog
external news
our news

Cerrejon requests arbitration to end strike

2020-11-13 | Columbia | mining.com
blog
external news
our news

NGOs release the 2020 Global Coal Exit List

935 companies that banks, investors and insurers need to avoid
2020-11-12 | Berlin | urgewald
blog
external news
our news

Union, Cerrejon deadlocked over benefits, ‘death shift’ as strike rolls on

2020-10-09 | Columbia | mining.com
blog
external news
our news

Largest union at Cerrejon on strike

2020-09-01 | mining.com
blog
external news
our news

Revealed: the 20 firms behind a third of all carbon emissions

2019-10-09 | The Guardian
blog
external news
our news

Norway to Divest €5 Billion from Coal Giants like Glencore and RWE

2019-06-11 | urgewald
blog
external news
our news

The war on coal is making the world’s top mine owners a lot richer

2018-05-02 | Bloomberg
blog
external news
our news

IndustriALL and BWI file OECD complaint against BHP Billiton and Vale

2018-03-26 | Industriall-union.org
blog
external news
our news

Scandinavian banks linked to violations of indigenous peoples’ rights in Borneo

2017-03-07 | Stockholm, Sweden | Fair Finance Guide Sweden, Swedwatch
blog
external news
our news

Lenders turn away BHP port debt plan, wary of coal

2016-06-23 | Reuters
blog
external news
our news

The Panama Papers: The files reveal the darker side of the BHP Billiton merger

2016-04-04 | The Australian Financial review
blog
external news
our news
private

On Coal and Capital: Demand that HSBC Quit Coal

Link expired
2016-03-15 | Move Your Money UK
blog
external news
our news

Moody’s slashes BHP Billiton’s credit rating

2016-03-04 | The Wall Street Journal
blog
external news
our news

Four Corners explores repercussions of BHP mine disaster

2016-03-01 | www.news.com.au
blog
external news
our news

BHP Billiton reports half-year loss of GBP4 billion

2016-02-22 | The Guardian
blog
external news
our news

BHP Billiton eyeing acquisitions as it considers dividend cut

2015-12-20 | The Financial Times
blog
external news
our news

Brazil's mining tragedy: was it a preventable disaster?

2015-11-25 | The Guardian
blog
external news
our news

Activists protest over Samarco mine disaster in Brazil outside BHP Billiton AGM in Perth

2015-11-19 | PerthNow
blog
external news
our news

Indigenous Dayaks in a remote Borneo village fight BHP coal mine

2015-08-14 | www.news.com.au
blog
external news
our news

Protestors to target Lloyds AGM over coal investments

2014-05-14 | Edinburgh | World Development Movement
blog
external news
our news

Norway Rejects Ban on Coal Investments for Biggest Wealth Fund

2014-03-20 | Bloomburg BusinessWeek
blog
external news
our news

RPT-Norway's opposition wants $800 bln wealth fund banned from coal

2013-11-06 | Reuters
blog
external news
our news

BHP gives up on Abbot Point terminal, cools growth elsewhere

2013-11-04 | Financial Review
blog
external news
our news

UK banks financing coal boom destroying Borneo rainforests

2013-10-01 | London | World Development Movement
blog
external news
our news
private

BHP freezes coal plans to drive down spending

2013-05-30
blog
external news
our news

World’s Largest Mining Firm: ‘In A Carbon Constrained World, Coal Is Going To Decline. And Frankly It Should.’

2012-12-04 | Climate Progress

Documents

Type:
Year:
ngo documents
2018-05-31 00:00:00

Dirty profits 6

2018-05-31 00:00:00 | Facing Finance
annual reports
2016-01-01 00:00:00

BHP Billiton annual report 2015

2016-01-01 00:00:00 | BHP Billiton
annual reports
2015-01-01 00:00:00

BHP Billiton annual report 2014

2015-01-01 00:00:00 | BHP Billiton
annual reports
2015-01-01 00:00:00

BHP Billiton sustainability report 2014

2015-01-01 00:00:00 | BHP Billiton
annual reports
2014-01-01 00:00:00

BHP Billiton annual report 2013

2014-01-01 00:00:00 | BHP Billiton
our publications
2013-11-21 00:00:00

Coal Market Update November 2013

Britain and UN weigh in on coal debate in Warsaw
2013-11-21 00:00:00 | Greenpeace, BankTrack
ngo documents
2013-09-30 00:00:00

Banking while Borneo burns

How the UK financial sector is bankrolling Indonesia's fossil fuel boom
2013-09-30 00:00:00 | World Development Movement
ngo documents
2013-05-01 00:00:00

The Cerrejón mine - Coal exploitation in Colombia

2013-05-01 00:00:00 | World Development Movement
ngo documents
2013-01-01 00:00:00

BHP Billiton Dirty Deeds

Alternative Annual Report 2012
2013-01-01 00:00:00 | BHP Billiton watch
other documents
2012-03-01 00:00:00

Most controversial mining companies of 2011

2012-03-01 00:00:00 | RepRisk
ngo documents
2012-01-01 00:00:00

BHP Billiton Dirty Deeds

Alternative Annual Report 2012
2012-01-01 00:00:00 | London Mining Network, Mineral Policy Institute
annual reports
2011-09-01 00:00:00

BHP Billiton annual Report 2012

2011-09-01 00:00:00 | BHP Billiton
annual reports
2011-01-01 00:00:00

BHP Billiton sustainability Report 2012

2011-01-01 00:00:00

Links

Map by Environmental Justice of environmental conflicts linked to BHP Billiton

http://ejatlas.org/company/bhp-billiton

BHP Billiton website

http://www.bhpbilliton.com/

Drought, Disease and Isolation: The Urgent Situation of the Wayuu in La Guajira, Colombia

Extensive article and analysis on the Wayuu indigenous people in Colombia. 

https://www.weavenews.org/stories/2021/1/29/drought-disease-and-isolation-the-urgent-situation-of-the-wayuu-in-la-guajira-colombia
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