BHP Group Limited, founded as the Broken Hill Proprietary Company, is an Australian multinational mining and metals corporation. BHP was established in August 1885 and is headquartered in Melbourne, Victoria.
As of 2024, BHP was the world’s largest mining company by market capitalisation and the world’s third-largest by revenue. The company specializes in mining and selling iron ore, copper and coal.[1]
BHP Billiton was formed in June 2001 through the merger of the Australian Broken Hill Proprietary Company Limited (BHP) and the Anglo–Dutch Billiton plc, trading on both the Australian Securities Exchange and London Stock Exchange 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 is the largest company in Australia, and the largest mining company in the world, both as measured by market capitalization. In 2023, the company's position in the Forbes Global 2000 was 90th.