We operate under a Dual Listed Company structure with two parent companies (BHP Billiton Limited and BHP Billiton Plc) operated as if we were a single economic entity, which we refer to as BHP. We are run by a unified Board and management.
How our DLC works
Our strategy is to own and operate large, long-life, low-cost, expandable, upstream assets diversified by commodity, geography and market.
We have a simple and diverse portfolio of tier one assets around the world, with low-cost options for future growth and value creation. This allows us to apply our values and culture, emphasise safety and productivity, deploy technology and exert capital discipline to extract the most value and the highest returns from our assets.
Our Operating Model allows us to leverage our expertise across our business, with multifunctional teams that connect across the organisation to share best practice, make us safer and solve problems together.
We are among the world’s top producers of major commodities, including iron ore, metallurgical coal and copper. We also have substantial interests in oil, gas and energy coal.
Our plan to grow value
Consistent with our strategy, we have a plan to grow the value of BHP. This plan is focused on six key areas:
- Cost efficiencies – focused on further gains
- Latent capacity – attractive returns, limited risk
- Major projects – timed for value and returns
- Exploration – positive results reduce risk for future wells
- Technology – improves safety, lowers cost and unlocks resource
- Onshore US – value and flexibility
More on our Plan To Grow Value
Our Capital Allocation Framework aims to maximise the potential value of every dollar we earn for our shareholders.
More on our Capital Allocation Framework
Read more about us, meet our leadership team and learn about the corporate governance that underpins the way we conduct business.