1.1 Introduction 1.1.1 BHP Billiton Company Background BHP Billiton Limited was founded in the year 2001 as a merger between Australian Broken Hill Proprietary Company and the Anglo-Dutch Billiton Plc. BHP Billiton is a dual listed company and well known as the leading global resources and the largest mining company in the world measured from its revenue. The headquarters is in Melbourne‚ Australia and a major management office in London‚ UK. They have more than 100‚000 employees and contractors
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I‚ Alok Kumar Singh‚ am a final year student in B. Tech.-M. Tech. (Dual Degree) at Indian Institute of Technology‚ Kanpur. I am currently pursuing my M. Tech. in Mechanical Engineering. As guided by mail from the company‚ I went through the website and came to know about the opportunities available‚ policies and working environment of the company. I have always been successful in creating a balance between the academics and extra-curricular fronts. So far‚ I have been consistently improving on
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Executive Summary The objective of this report is to construct and evaluate two portfolios‚ index tracking portfolio and speculative capital growth portfolio both began their lives on 21st April 2008 and ended on 20th May 2008. The purpose of the former portfolio is to replicate the return on the ASX/S&P 500 New All Ordinaries price index and the latter one is formed aiming at outperforming the market and maximizing the capital gains. 11 stocks have been selected for the tracker portfolio.
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the use of autonomous control in the workplace are infinite. Autonomous control is taking the world by storm with many booming mining companies taking advantage of this amazing technology programing it into their drills and trucks‚ in January Rio Tinto spent in excess of 28 million dollars developing their mining technology with autonomous control. Autonomous control is not only being used in mining‚ many believe that autonomous control is the way of the future and should be available to a wider
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individual agreement. This cause United Nation and the union called APESMA doubted that we did not comply with the Compact‚ which the similar issue also happened in 2003. In regard of this perspective‚ Rio Tinto could be a role model of us (APESMA 2012). “The way we work” is an employment policy that Rio Tinto proposed to ensure that all of the employees could choose whether or not t to join any type of union consistent with Australian labour laws. Besides‚
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Billiton. He was born in Scotland in 1956 and completed his degree in Geology in 1977 and PhD in Organic Chemistry in 1981. He joined BP in the research division in 1983 and left after 22 years as group vice president petrochemicals. He became the CEO of diamonds and minerals in June 2007. He joined Rio Tinto in 2004 as the chief executive of industrial mineral division. He joined BHP Billiton in November 2007 and became the CEO of BHP Billiton in May 2013. (Lewis 2016) Add Result and performance Ken
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: a strong market position Main ingredient in steel One of the key commodities associated with industrialization ( manufacturing car or building skycrapers) What impacts to the iron ore market would have resulted from a successful takeover of Rio Tinto by BHP Billiton? Control of about 75% of the seaborne iron ore Likelihood of iron ore price rocketing Would it be preferable for iron ore to be priced on the old benchmark system‚ or on the new spot-price model‚ and why? Benchmark system
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The mining sector is made up of organisations whose primary activity is the extraction of naturally occurring mineral solids or natural resources. Examples of these types of minerals are coal‚ ores and precious stones. The mining industry also broadly covers quarrying and well operations. The sector comprises two basic activities: mine operations and mining support activities. "Mine operations" involve setting up the mine‚ quarry or well for the organization‚ or on behalf of another organization
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services accounting for 19.1% of total trades . This Sinodependance enables on average an Australian balanced superfund to have an exposure of 11% of its net assets to the Chinese economy mostly due to the impact of mining giants such as BHP and Rio Tinto (more than 10% of the All Ordinaries Index). The first part of this assignment tries to identify companies and selection rules in order to set up a fund (named Super China Exposure) that invests in Australian listed companies with exposure to the
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a clear consensus in the senior team about the strategy and vision‚ there will be less information exchange‚ more conflicts and less ability to respond to external change (Hambrick‚ 1994). Rio Tinto idea conversion is the weakest link or the bottleneck for the selection and development of ideas. Rio Tinto needs to build an energy around ideas to inspire teamwork and enable rapid prototyping. According to Bryant (2015)‚ open innovation is the key to deliver safer and more profitable operating model
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