BHP(E): Rejuvenation and Renovation Towards a New Century

Don Argus () and Danny Samson ()
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Don Argus: Australia Advisory Board
Danny Samson: University of Melbourne

Chapter Chapter 13 in Strategic Leadership for Business Value Creation, 2021, pp 331-351 from Springer

Abstract: Abstract In the late 1990’s, challenges abounded at BHP. Magma Copper had been written back to zero, the HBI plant was plagued with construction stoppages which saw cost blowouts, and more pressure was looming over the troubled Beenup mineral sands play and the Hartley platinum mine in Zimbabwe. Steel prices had also plummeted, iron ore prices were slashed in negotiations with world steelmakers and serious questions were being asked about BHP’s return on its weighted average cost of its capital.

Date: 2021
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DOI: 10.1007/978-981-15-9430-4_13

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