Executive Summary
BHP Billiton PLC (LON:BLT) is a resources company operating in London, with the BHP Billiton Group headquartered in Melbourne. The company operates in 25 countries, employs over 40,000 people, and in 2009, generated a profit of USD10.7bn. It operates in a number of resources markets including aluminium, copper, manganese, iron ore, uranium, nickle, silver and coal. The company also has interests in oil, gas and diamonds. In 2009, BHP Billiton entered into a production joint venture agreement with Rio Tinto (LON:RIO) that covers the Western Australian iron ore assets with the aim of achieving development and production synergies of $10bn.
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