71-493: The Commonwealth Aircraft Corporation (CAC) was an Australian aircraft manufacturer. The CAC was established in 1936, to provide Australia with the capability to produce military aircraft and engines. In 1935 the Chief General Manager of BHP , Essington Lewis , visited Europe and formed the view that war was probable. On his return to Australia, concerned at the lack of manufacturing capabilities there and at
142-651: A half-dozen backers , including station manager George McCulloch (a young cousin of Victorian Premier Sir James McCulloch ), Rasp formed the Broken Hill Company staking out the entire Hill. As costs mounted during the ensuing months of fruitless search, three of the original seven (now remembered as the Syndicate of Seven ) sold their shares, so that, on the eve of the company's great success, there were nine shareholders, including Rasp, McCulloch, Philip Charly (aka Charley), David James, James Poole (five of
213-475: A $ 9.6 billion deal. In fiscal year 2021-2022, BHP's annual profit amounted to more than $ 34 billion (an increase of 34%) of $ 65 billion (an increase of 14%). The coal division's profits reached almost $ 9 billion (a loss of $ 577 million in 2022), with the BHP's iron ore division making $ 21.7 billion (a decrease of $ 4.6 billion since 2022). Profit growth allowed the company to pay a record dividend of $ 7.6 billion for
284-632: A 50/50 joint venture to hold the Filo del Sol (FDS) and Josemaria projects. Until January 2022, BHP was a dual-listed company ; the Australian BHP Billiton Limited and the British BHP Billiton plc were separately listed with separate shareholder bodies, while conducting business as one operation with identical boards of directors and a single management structure. The headquarters of BHP Billiton Limited and
355-565: A Canadian company, was one of three bidders for the mine, tendering the lowest offer, and returned the mine to production in 2011. Ravensthorpe cost BHP US$ 3.6 billion in write-downs when it was shut in January 2009 after less than a year of production. In January 2010, following the BHP Billiton purchase of Athabasca Potash for US$ 320m, The Economist reported that, by 2020, BHP Billiton could produce approximately 15 per cent of
426-451: A Queensland fertiliser plant. The takeover achieved 90 per cent acceptance on 17 June 2005, and 100 per cent ownership was announced on 2 August 2005, achieved through compulsory acquisition of the remaining 10 per cent of the shares. On 8 November 2007, BHP Billiton announced it was seeking to purchase rival mining group Rio Tinto Group in an all-share deal. The initial offer of 3.4 shares of BHP Billiton stock for each share of Rio Tinto
497-462: A few were produced. BHP BHP Group Limited , formerly known as BHP Billiton , is an Australian multinational mining and metals public company headquartered in Melbourne , Australia. The Broken Hill Proprietary Company was founded on 16 July 1885 in the mining town of Silverton, New South Wales . As of 2024, BHP was the world’s largest mining company by market capitalization and
568-725: A fine of $ 25 million to the United States Securities and Exchange Commission in 2015 in connection with violations of the Foreign Corrupt Practices Act related to its "hospitality program" at the 2008 Summer Olympics in Beijing . BHP Billiton invited 176 government and state-owned-enterprise officials to attend the Games on an all-expenses-paid package. While BHP Billiton claimed to have compliance processes in place to avoid conflicts of interest,
639-556: A freeze on approving any major new expansion projects. Days after announcing the Olympic Dam pull-out, BHP Billiton announced that it was selling its Yeelirrie Uranium Project to Canadian Cameco for a fee of around $ 430 million. The sale was part of a broader move to step away from resource expansion in Australia. On 19 August 2014, BHP Billiton announced it would create an independent global metals and mining company based on
710-603: A larger fuselage and wing. By this time the threat of invasion of Australia by Japan and the rationale for the type had passed and only six were produced. Mosquito production continued until 1948, by which time work had begun on DHA's third indigenous design, the DHA-3 Drover . On 29 June 1949, following selection of the type by the RAAF in 1946, the first of 190 licence-built DH.100 and DH.115 Vampires had its first flight with DHA's chief test pilot Brian "Black Jack" Walker at
781-536: A lot of interest when exhibited at the City of Melbourne Bank in Collins Street . Some sceptics asserted the promoters were merely using silver from somewhere else, to ramp up the shares.... Another shareholder, the dominating W. R. Wilson had had to lend William Jamieson , General Manager, a new suit so he could take the first prospectus, printed at Silverton near Broken Hill on 20 June 1885, to Adelaide to start
SECTION 10
#1732776910895852-408: A major workers' strike and forced the company to declare force majeure on two shipments, which drove copper prices up by 4%. In April 2017 activist hedge fund manager Elliott Advisors proposed a plan for BHP Billiton to spin off its American petroleum assets and significantly restructure the business, including the scrapping of its dual Sydney-London listing, suggesting shares be offered only in
923-647: A record high of A$ 48.90 following speculation that Chinese mining firm Chinalco was considering purchasing a large stake. As global nickel prices fell, on 25 November 2008, Billiton announced that it would drop its A$ 66 billion takeover of rival Rio Tinto Group, stating that the "risks to shareholder value" would "increase" to "an unacceptable level" due to the 2007–2008 financial crisis . On 21 January 2009, BHP Billiton then announced that Ravensthorpe Nickel Mine in Western Australia would cease operations, ending shipments of ore from Ravensthorpe to
994-675: A selection of its aluminium, coal, manganese, nickel, and silver assets. The newly formed entity, named South32 , was subsequently demerged with listings on the Australian Securities Exchange the JSE and the London Stock Exchange . In 2015, BHP Billiton spun off a number of its subsidiaries in South Africa and Southern Africa to form a new company known as South32. BHP Billiton agreed to pay
1065-614: A variant of the Bell Kiowa for the Australian Army and Royal Australian Navy , the last of these was delivered in 1977. The same year CAC embarked on a Life Of Type Extension (LOTEX) programme for the Macchi, which was suffering fatigue problems. The LOTEX programme lasted until 1984. The CAC became a fully owned subsidiary of Hawker de Havilland in 1985 and was renamed Hawker de Havilland Victoria Limited in 1986. This company
1136-837: A year over 10 years to develop the field and triple production. On 14 July 2011, BHP Billiton announced that it would acquire Petrohawk Energy of the United States for approximately $ 12.1 billion in cash, considerably expanding its shale natural gas resources in an offer of $ US38.75 per share. On 22 August 2012, BHP Billiton announced that it was delaying its US$ 20 billion (£12 billion) Olympic Dam copper mine expansion project in South Australia to study less capital intensive options, deferring its dual harbour strategy at West Australian Iron Ore and slowing down its Potash growth option in Canada. The company simultaneously announced
1207-698: Is a subsidiary of Boeing Australia Ltd . In March 1927 the de Havilland Aircraft Company established DHA in Melbourne , its first overseas subsidiary. Its founder was Hereward de Havilland . DHA was set up to sell de Havilland products in Australia , to assemble aircraft that had been sold, and to provide repair and spare parts services. In 1930 DHA relocated to Mascot aerodrome in Sydney . Prior to World War II DHA did not undertake any production of aircraft (although de Havilland designs were licence-built by other Australian organisations, most notably Qantas ,
1278-569: Is now the main focus of the company and HdH has manufactured components for many of the major airliners of the later part of the 20th century and the 21st century, including work for Boeing, Airbus and McDonnell Douglas . In 1976 HdH undertook the refurbishment of 16 ex- US Navy Grumman S-2G Trackers for the Royal Australian Navy . In 1980 the thriving general aviation division was separated as Hawker Pacific but both companies remained part of Hawker Siddeley. In 1981 HdH formed
1349-598: Is the largest company in Australia, and the largest mining company in the world, both as measured by market capitalisation. In 2023, the company's position in the Forbes Global 2000 was 90th. Billiton Maatschappij was founded 29 September 1860, when its articles of association were approved by a meeting of shareholders in the Groot Keizershof hotel in The Hague , Netherlands. Two months later,
1420-542: The Aermacchi MB-326 was selected for production in 1965 and neither project proceeded. However all was not lost as CAC subcontracted to HdH the manufacture of the wings and wingtip fuel tanks, tailplanes , ailerons , flaps , hydraulic system components and landing gear for the Macchi, as well as parts of the Macchi's Viper engines built by CAC. In 1970 HdH entered a new phase when it began to pursue subcontract work for civil airliner manufacturers. This work
1491-513: The Australian and London Stock Exchanges as a dual-listed company . In 2015, some BHP Billiton assets were demerged and rebranded as South32 , while a scaled-down BHP Billiton became BHP. In 2018, BHP Billiton Limited and BHP Billiton plc became BHP Group Limited and BHP Group plc, respectively. In January 2022, BHP relinquished its London Stock Exchange listing, becoming a solely Australian Securities Exchange-listed company. As of 2022, BHP
SECTION 20
#17327769108951562-559: The Australian Aircraft Consortium with CAC and GAF to design and manufacture the A10/A20 Wamira . The project suffered numerous delays and cost increases (due in part to the changing requirements of the RAAF and in part to the inexperience of the consortium members in designing to military requirements) and shortly after the prototype was completed at HdH's Bankstown factory the programme was cancelled at
1633-574: The Australian Army ; HdH deliveries continued to the Army until the last of 38 locally assembled aircraft was delivered in January 1991. In March the following year the last PC-9/A was delivered. Also in 1992 HdH was de-listed from the Australian Stock Exchange when it was sold to BTR Nylex . The PC-9/A was the last complete aircraft type to be built by HdH, although RAAF Caribous could still be seen at Bankstown until 1994. During
1704-735: The CAC CA-25 were built at Bankstown between 1956 and 1959. One design project pursued during this time was for a military jet trainer for the RAAF. HdH offered its P17 indigenous design derived from the Vampire and was also involved in the Government Aircraft Factories (GAF) F2 project, which would have seen HdH undertaking production work on this aircraft with GAF and the Commonwealth Aircraft Corporation (CAC). The CAC-built version of
1775-660: The Larkin Aircraft Supply Company and the Cockatoo Island Naval Dockyard under Lawrence Wackett ). In the late 1930s DHA began production of propellers both for the local market and for delivery to the parent company. In 1939 DHA delivered 20 DH.82 Tiger Moths assembled from imported fuselages and locally-built wings to the Royal Australian Air Force (RAAF). Another order for 50 DH.94 Moth Minors
1846-623: The nickname "the Big Australian", was incorporated on 13 August 1885, operating the silver and lead mine at Broken Hill , in western New South Wales , Australia. The Broken Hill group floated on 10 August 1885. The first consignment of Broken Hill ore (48 tons, 5 cwt, 3grs) was smelted at the Intercolonial Smelting and Refining Company's works at Spotswood, Victoria , a suburb of Melbourne. Historian Christopher Jay notes: The resulting 35,605 ounces of silver raised
1917-476: The 1950s and 1960s did not even leave the drawing board, however in 1951 CAC was given the go-ahead to design and manufacture a version of the F-86 Sabre with a revised engine and armament. The Sabre was developed and produced concurrently with the indigenous Winjeel trainer, with Sabre manufacture coming to an end in 1961. In 1964 after a large amount of political lobbying CAC began producing components for
1988-858: The 1960s. BHP began to diversify into a variety of mining projects overseas. Those included the Ok Tedi copper mine in Papua New Guinea, where the company was successfully sued by the indigenous inhabitants because of the environmental degradation caused by mining operations. BHP had better success with the giant Escondida copper mine in Chile, of which it owns 57.5%, and at the Ekati Diamond Mine in northern Canada, which BHP contracted for in 1996, began mining in 1998, and sold its 80% stake in to Dominion Diamond Corporation in 2013 as production declined. In 2001, BHP merged with
2059-557: The BHP steelworks during the largely unsuccessful shelling of Newcastle . Newcastle operations were closed in 1999, and a 70-ton commemorative sculpture, The Muster Point , was installed on Industrial Drive, in the suburb of Mayfield, New South Wales . The long products side of the steel business was spun off to form OneSteel in 2000. In the 1950s, BHP began petroleum exploration, which became an increasing focus following oil and natural gas discoveries in Bass Strait in
2130-524: The Billiton mining company to form BHP Billiton. In 2002, flat steel products were demerged to form the publicly traded company BHP Steel which, in 2003, became BlueScope . In March 2005, BHP Billiton announced a US$ 7.3 billion agreed bid for WMC Resources , owners of the Olympic Dam copper, gold and uranium mine in South Australia, nickel operations in Western Australia and Queensland, and
2201-616: The RAAF. In 1942 DHA produced its first indigenous design. In March that year the RAAF issued a specification for a small transport glider . DHA responded with the DHA-G1 a high-wing design incorporating the nose section of the Dragon then being built. The first of two DHA-G1s was flown in June 1942. The RAAF ordered the improved seven-seat DHA-G2 in 1943: these differed from the DHA-G1 in having
Commonwealth Aircraft Corporation - Misplaced Pages Continue
2272-460: The SEC found that BHP Billiton had invited officials from at least four countries where BHP Billiton had interests in influencing the officials' decisions ( Congo , Guinea , Philippines and Burundi ). In August 2016, BHP Billiton recorded its worst annual loss in history, $ 6.4 billion. Towards the end of 2016 BHP Billiton indicated it would expand its petroleum business and make new investments in
2343-546: The Sabre's replacement, a version of the Dassault Mirage III , as a subcontractor to the Government Aircraft Factories (GAF). In 1967 CAC commenced licence production of a version of the Aermacchi MB-326 optimised for Australian conditions, this programme ending in 1972. In 1971 CAC joined the small number of aircraft manufacturers which have built both fixed- and rotary-winged aircraft, when it began production of
2414-593: The United Kingdom, while leaving its headquarters and tax residences in Australia where shares would trade as depository instruments. At the time of the correspondence Elliott held about 4.1 per cent of the issued shares in London-listed BHP Billiton plc, worth $ 3.81 billion. Australia's government warned it would block moves to shift BHP Billiton's stock listing from Australia to the United Kingdom. Australian Treasurer Scott Morrison said
2485-843: The Yabulu nickel plant in Queensland Australia. Yabulu refinery was subsequently sold to Queensland billionaire Clive Palmer , becoming the Palmer Nickel and Cobalt Refinery . Pinto Valley mine in the United States was also closed. Mine closures and general scaling back during the 2007–2008 financial crisis accounted for 6,000 employee lay offs. As the nickel market became saturated by both spiraling economics and cheaper extraction methods; on 9 December 2009, BHP Billiton sold its Ravensthorpe Nickel Mine , which had cost A$ 2.4 billion to build, to Vancouver -based First Quantum Minerals for US$ 340 million. First Quantum,
2556-552: The brand name of Comair. CAC major shareholder in the 1950s was General Motors Holden and from 1946 until 1973, Comair produced over 3,600 bus bodies, primarily on Bedford OB , SB and VAM 70 chassis for Victorian operators. Subsequently, General Motors Holden divested its shareholding in CAC and the company signed a licensing agreement to build VöV-Standard-Bus bodies on MAN chassis. It bodied 135 MAN SL200 chassis for ACTION . It resumed production on Bedford chassis in 1977, but only
2627-789: The company acquired mineral rights to the Billiton ( Belitung ) and Bangka Islands in the Netherlands Indies archipelago off the eastern coast of Sumatra . Billiton's initial ventures included tin and lead smelting in the Netherlands, followed in the 1940s by bauxite mining in Indonesia and Suriname . In 1970, Shell acquired Billiton. Billiton opened a tin smelting and refining plant in Phuket , Thailand, named Thaisarco (for Thailand Smelting And Refining Company, Limited). In 1994, South Africa's Gencor acquired
2698-625: The company ventured into steel manufacturing, with its operations based primarily at the Newcastle Steelworks . The decision to move from mining ore at Broken Hill to opening a steelworks at Newcastle was due to the technical limitations in recovering value from mining the lower-lying sulphide ores. The discovery of Iron Knob and Iron Monarch near the western shore of the Spencer Gulf in South Australia , combined with
2769-493: The company. Anderson successfully completed the four-year project with a merger between BHP and London-based Billiton. In July 2002, Brian Gilbertson of Billiton was appointed CEO, but resigned after just six months, citing irreconcilable differences with the board. Upon Gilbertson's departure in early 2003, Chip Goodyear was appointed the new CEO, increasing sales by 47 per cent and profits by 78 per cent during his tenure. Goodyear retired on 30 September 2007. Marius Kloppers
2840-489: The components for the final 48 examples produced by HdHV and GAF (which by this time had been privatised and renamed Aerospace Technologies of Australia ) (ASTA). Two Swiss-built PC-9s were already delivered in 1987. The last Australien-made PC-9/A was delivered in May 1992. In May 1988 HdH delivered the first Bankstown-assembled Sikorsky Black Hawk to the RAAF. After eight had been built the RAAF's helicopters were transferred to
2911-483: The controls. Production of the Vampire continued until 1960, the same year the parent company was purchased by Hawker Siddeley . At this time the company also entered the general aviation market when it became the Australian distributor for Beechcraft in 1959. Following the absorption of de Havilland by Hawker Siddeley, DHA was renamed Hawker de Havilland (HdH) in 1965. In 1959 the de havilland marine division
Commonwealth Aircraft Corporation - Misplaced Pages Continue
2982-723: The different designations for the Wackett and Winjeel prototypes compared to their production versions). Early types were given consecutive manufacturer's construction numbers (c/nos.), while later types (beginning with the production version of the Winjeel) were given c/nos. with the model number as a prefix. Construction numbers 1210 to 1224 appear not to have been assigned. The list of company designations and construction numbers is: Engine types produced by CAC include the: To supplement revenue and retain skilled sheet metal workers, CAC produced and bodied buses based on Bedford chassis under
3053-627: The end of 1985. Earlier in 1985 HdH purchased CAC, which was initially kept as a separate company but was then renamed Hawker de Havilland Victoria (HdHV) the following year. At the time of the purchase both companies were in the initial stages of producing components for the GAF-built version of the F/A-18 Hornet . HdH at Bankstown was responsible for the landing gear and major hydraulic system components including aileron, rudder and flap actuators and hydraulic fluid reservoirs; while CAC/HdHV
3124-625: The establishment of CAC, Mascot -based Tugan Aircraft was purchased. This led to Lawrence Wackett joining the company; he immediately became the General Manager. It is almost entirely due to Wackett's efforts that the Wirraway became the first aircraft produced by CAC. In 1935 Wackett had led a technical mission to Europe and the United States to evaluate modern aircraft types and select a type suitable to Australia's needs and within Australia's capabilities to build. The mission's selection
3195-461: The float process. The geographic Broken Hill, for which the town was named, was discovered and named by Captain Charles Sturt , stirring great interest among prospectors. Nothing of note was discovered until 5 November 1883, when Charles Rasp , boundary rider for the surrounding Mount Gipps Station , pegged out a 40-acre claim with contractors David James and James Poole. Together with
3266-594: The following year. Initially the companies involved were BHP, General Motors-Holden and Broken Hill Associated Smelter. These were joined by Imperial Chemical Industries , the Orient Steam Navigation Company and the Electrolytic Zinc Company at the time of CAC's formation (the company was incorporated in Melbourne on 17 October 1936). By September 1937 a factory had been completed at Port Melbourne . Shortly after
3337-609: The global headquarters of the combined group were located in Melbourne , Australia. The headquarters of BHP Billiton plc were located in London, England. Its main office locations were in Australia, the U.S., Canada, the UK, Chile, Malaysia, and Singapore. The company's shares traded on the following exchanges: BHP Billiton Limited and BHP Billiton plc were renamed BHP Group Limited and BHP Group plc, respectively, on 19 November 2018. In 1998, BHP hired American Paul Anderson to restructure
3408-511: The global investment community. On 22 February 2011, BHP Billiton announced that it had paid $ 4.75 billion in cash to Chesapeake Energy for its Fayetteville shale assets, which include 487,000 acres (1,970 km ) of mineral rights leases and 420 miles (680 km) of pipeline located in north central Arkansas . The wells on the mineral leases are currently producing about 415 million cubic feet of natural gas per day. BHP Billiton planned to spend $ 800 million to $ 1 billion
3479-580: The half-year ending December 31. BHP made an offer to acquire Anglo American for £31 billion in April 2024; however, the offer was rejected by the Anglo American as "highly unattractive". A revised offer was also rejected in May 2024. In July 2024, BHP and Lundin Mining agreed to jointly acquire 100% of Filo Corp. through a Canadian plan of arrangement. BHP and Lundin Mining also agreed to form
3550-560: The mining division of Billiton excluding the downstream metal division. Billiton was divested from Gencor in 1997, and was amalgamated with Gold Fields in 1998. In 1997, Billiton plc became a constituent of the FTSE 100 Index and in 2001 Billiton plc merged with the Broken Hill Proprietary Company Limited (BHP) to form BHP Billiton. The Broken Hill Proprietary Company Limited (BHP), also known by
3621-535: The move would be contrary to the country's national interest and would breach government orders mandating a listing on the Australian Securities Exchange. BHP Billiton dismissed the plan saying the costs and risks of Elliott's proposal outweighed any potential benefits. In May 2017, with much of the former Billiton assets having been disposed of, BHP Billiton began to rebrand itself as BHP, at first in Australia and then globally. It replaced
SECTION 50
#17327769108953692-498: The original syndicate of seven, which had previously included George Urquhart and G.A.M. Lind), Bowes Kelly, W. R. Wilson, and William Jamieson (who had bought shares from several of the founders). John Darling, Jr. became a director of the company in 1892 and was chairman of directors from 1907 to 1914. Strongly encouraged by the New South Wales Minister for Public Works, Arthur Hill Griffith , in 1915,
3763-417: The possibility of aircraft not being available from 'traditional' (i.e. British) sources during wartime, he commenced a lobbying campaign to convince the Government of Australia to establish a modern aircraft industry. The government required little persuasion and encouraged negotiations between a number of Australian companies. The outcome of these negotiations, begun in August 1935, was the formation of CAC
3834-432: The refinement, by BHP metallurgists A. D. Carmichael and Leslie Bradford , of the froth flotation technique for separating zinc sulphides from the accompanying gangue and subsequent conversion (Carmichael–Bradford process) to oxides of the metal, allowed BHP to economically extract valuable metals from the heaps of tailings up to 40 feet (12 m) high at the mine site. In 1942, the Imperial Japanese Navy targeted
3905-493: The sale of its Fayetteville Onshore US gas assets to a wholly owned subsidiary of Merit Energy Company. In August 2021, BHP announced plans to exit the oil and gas industry by merging its hydrocarbon business with Woodside Energy , Australia's largest independent gas producer. It also announced its intention to delist from the London Stock Exchange and consolidate on the Australian Securities Exchange . This occurred in January 2022. In April 2023, BHP took over Oz Minerals in
3976-532: The same company (see also de Havilland ). While CAC largely produced Australian versions of foreign aircraft, it also developed a number of original designs during and after World War II . These indigenous designs include the Wackett , which was only the second type produced by the company. The Wackett was a simple trainer aircraft, but later designs during World War II were the sophisticated Woomera and CA-15 , however these types were destined to fly only in prototype form. Other, jet-powered aircraft designs in
4047-413: The same time period HdH was involved in the McDonnell Douglas Helicopters MDX project, HdH being responsible the design and development of the fuselage in Sydney with manufacture and final assembly at the Bankstown(Sydney) and Fishermen's Bend ( Melbourne) plants. In 1998 the company was bought by Tenix and Hawker Pacific was sold to Swedish company Celsius. In 2000 Tenix sold HdH to Boeing which merged
4118-450: The sector. In February 2017, BHP Billiton announced a $ 2.2 billion investment in the new BP platform in the Gulf of Mexico . During the same year, as part of their plan to increase productivity at the Escondida mine in Chile, which is the world's biggest copper mine, BHP Billiton attempted to get workers to accept a 4-year pay freeze, a 66% reduction in the end-of-conflict bonus offering, and increased shift flexibility. This resulted in
4189-471: The slogan "The Big Australian" with "Think Big", with an advertising campaign rolling out in mid May 2017. Work on the change began in late 2015 according to BHP's chief external affairs officer. In August 2017, BHP announced that it would sell off its US shale oil and gas business. In July 2018, the company agreed to sell its shale assets to BP for $ 10.5 billion. BHP indicated its intention to return funds to investors. On 29 September 2018, BHP completed
4260-582: The time of purchase by Hawker de Havilland, CAC had begun delivering components for the GAF-built version of the F/A-18 Hornet . During its existence the Commonwealth Aircraft Corporation produced over 1700 aircraft of all types, including prototypes and aircraft assembled locally from imported components. Of these, almost 550 were examples of aircraft types wholly designed by the company. The designations used by CAC reflected production or design work in fulfillment of different in-house projects or government contracts rather than different types produced (for instance
4331-466: The world demand for potash . In August 2010, BHP Billiton made a hostile takeover bid worth US$ 40 billion for PotashCorp . The bid came after BHP's first bid, made on 17 August, was rejected as being undervalued. This acquisition marked a major strategic move by BHP outside hard commodities and commenced the diversification of its business away from resources with high exposure to carbon price risk, like coal, petroleum and iron ore. The takeover bid
SECTION 60
#17327769108954402-432: The world’s third-largest by revenue . Total iron ore revenue for the company increased by US$ 3.1 billion to US$ 28.0 billion in Fiscal Year 2024, accounting for 50.2% of the company’s revenue, while copper and coal contributed 33.4% and 13.8%, respectively. BHP Billiton was formed in 2001 through the merger of the Australian Broken Hill Proprietary Company Limited (BHP) and the Anglo–Dutch Billiton plc trading on both
4473-413: Was Goodyear's successor. Following Kloppers' tenure, Andrew Mackenzie , chief executive of Non-Ferrous, assumed the role of CEO in 2013. Australia mining head Mike Henry succeeded Mackenzie on 1 January 2020. BHP has mining operations in Australia, North America, and South America. The company has five primary operational units: Hawker de Havilland de Havilland Aircraft Pty Ltd ( DHA )
4544-521: Was also received - in October that year - from the Australian Department of Supply and Development, at least four of these having been built at Mascot using locally manufactured components. After the outbreak of war, the RAAF selected the Tiger Moth as its primary trainer and in 1940 DHA commenced licensed manufacture at a new facility at Bankstown; when production ended in February 1945 over one thousand had been built. DHA also licence-built 87 DH.84 Dragons from 1942 and 212 DH.98 Mosquitos from 1943 for
4615-439: Was an Australian subsidiary of the British aircraft manufacturer de Havilland , founded in 1927. It acquired the Commonwealth Aircraft Corporation in 1985 and was purchased by Boeing in 2000 and merged with the Boeing owned AeroSpace Technologies of Australia (formerly Government Aircraft Factories ) to become Hawker de Havilland Aerospace Pty Ltd . In 2009, the name was changed to Boeing Aerostructures Australia ( BAA ) and
4686-405: Was formed. The end of the Vampire programme marked the beginning of an extended period when no complete aircraft were produced, although there was work for the company in various modification (see DHA-3 Drover ) and repair and overhaul programmes, including repairing RAAF DHC-4 Caribous damaged on active service during the Vietnam War and major servicing of the RAAF Caribou fleet. The wings for
4757-422: Was opposed by the Government of Saskatchewan under Premier Brad Wall . On 3 November, Canadian Industry Minister Tony Clement announced the preliminary rejection of the deal under the Investment Canada Act , giving BHP Billiton 30 days to refine their deal before a final decision was made; BHP withdrew its offer on 14 November 2010. Canada's decision to block the deal was generally viewed as surprising by
4828-408: Was purchased by Boeing Australia in 2000. CAC produced an extremely wide range of aircraft for the Royal Australian Air Force and civilian operators. These aircraft included the: The Kiowa was the last type built by CAC. The company was part of the Australian Aircraft Consortium which designed the A10 Wamira , but this programme was cancelled in 1985 shortly after the prototype was completed. At
4899-433: Was rejected by the board of Rio Tinto for "significantly undervaluing" the company. It was unknown at the time whether BHP Billiton would attempt to purchase Rio Tinto through some form of hostile takeover . A formal hostile bid of 3.4 BHP Billiton shares for each Rio Tinto share was announced on 6 February 2008; The bid was withdrawn 25 November 2008 due to global recession . On 14 May 2008, BHP Billiton shares rose to
4970-465: Was responsible for the wing pylons, engine access panels, aft nozzle fairings, aircraft-mounted accessory drive gearboxes and engines. Following the cancellation of the Wamira, HdH resumed production of complete aircraft in 1987 after it was selected to build a version of the Pilatus PC-9 under licence for the RAAF. HdH was responsible for final assembly of 65 aircraft (known as the 'PC-9/A'), initially from kits supplied by Pilatus (17 aircraft), but with
5041-422: Was the North American NA-16 ; with CAC's modifications this became the Wirraway. CAC also undertook production of the Pratt & Whitney R-1340 engine used in the Wirraway and also built some propellers when supplies from alternative sources became problematic. With its first aircraft type the company thus became one of very few in the world that have produced an aircraft fitted with engines and propellers made by
#894105