The new team to lead BHP's iron ore operations includes Edgar Basto (left) and Mike Henry. Photo: Attila Csaszar

BHP structural change to cut costs

The recent BHP Billiton organisational restructure will drive productivity improvements without significant operational job losses, according to new BHP operations president of Australian minerals Mike Henry, although the company won’t commit to a deadline for its targeted 290 million tonnes per annum iron ore run rate.


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BHP Billiton (BHP)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/02/18

1 year TSR5 year TSR
289thBHP Billiton27%2%
711 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar


th-BHP Billiton$50,729.3m
77 listed non wa companies ranked by revenue.
Source: Morningstar

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