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Rio Tinto Case
Rio Tinto is a leading international mining company famous for its iron ore. According to the Chief executive Tom Albanese, despite continuing global
economic uncertainty and volatility, Rio Tinto will still generate strong margins despite falling prices, reflecting the low cost nature of their businesses
and their first – rate operational performance. (Rio Tinto Media 2012, pp2) .This article will be divided into three parts. Firstly, the main data of
financial statement will be illustrated via a table and this writing will analyse the data to see the financial state of the Group. Secondly, this paper will
discuss the attached article and other information. Finally, the decision whether investing Rio Tinto in themining industry will be ... Show more content
on Helpwriting.net ...
Firstly, although the situation in 2011 is not as satisfactory as 2010's, there are a lot of phenomenon shows that Rio Tinto is sparing no effort to cope
with the problems of spending and saving in its financial status and the information above proves that the entity has made great progress about these
problem. Secondly, the industrialization of Asia, particularly China, will push Rio Tinto to go further in the future. Finally, the firm also takes
environment into consideration and is not just putting emphasis on economic interest, which is a good performance to looking at the long–term
development in the future.
Reference:
Atrill, P, McLaney, E, Harvey, D, Jenner, M 2008, Accounting: an introduction, 5th ed, PEARSON, Australia, pp191
Christie, V, Mitchell, B, Orsmond, D, & Van Zyl, M 2011, 'Theiron ore, coal and gas sectors', Reserve Bank of Australia Bulletin, March Quarter,
pp. 1–7.
Neculita, CM 2010, 'Mine–impacted water treatment – how the bottom line can be raised?', International Journal of Mining, Reclamation and
Environment, vol.24, no.3, pp.193–194
Roberts, G 2012, Rio Tinto slashes jobs and costs, viewed 28 October 2012,
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Fortescure metal group ltd Essay
Executive summary
The research group has undertaken an analysis of Fortescue Metal Group Limited ('FMG'). The analysis consists of two parts. Part 1 includes a macro
economic analysis which reviews FMG's economic environment and how this impacted on its performance during the years ended 30 June
2008 to 30 June 2012. During this period FMG's performance was primarily driven by an overall increase in the price of iron ore, underpinned by
higher levels of demand for this product from
China. It is considered that continued demand for iron ore by Chinese steel producers and continued growth in China's gross domestic product ('GDP')
is likely to support the forecast iron ore price of USD120 per metric tonne ('mt') and result in future ... Show more content on Helpwriting.net ...
FMG financial report for the year ended 30 June 2013, page 8.
3
. Ibid page 47. Revenue on sale of iron ore was, USD6,479m. Total revenue was USD6,681 and included shipping revenue.
4
http://www.rba.gov.au/publications/smp/2012– RBA 'Statement on monetary policy' (August 2012) page 6 'In general, the spot price for iron ore has
tended to move in line with developments in Chinese industrial production and steel production'.
5
http://www.indexmundi.com/commodities/?commodity=iron–ore&months=60 – webpage provides spot price data sourced from The Steel
Index and the IMF.
6
IBIS World 'B0801 Iron Ore Mining In Australia industry report', May 2013, page 5. 'Demand for iron ore is closely tied to steel production and
trends in economic growth that drive global demand for steel.'
7
http://www.oecd.org/sti/ind/OECD%20May12%20Summary%20%20Iron%20ore%20doc%20%283%29.pdf– OECD report on the iron ore market in
2011. At page 4 it is noted that China represented approximately 59% of total world imports for iron ore.
2
2
historically high levels, they are expected to decline in the medium term.8 However, the price of iron ore has been forecast at around USD120 per mt
out to 2018.9 During the year ended 30 June 2012
FMG shipped
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Bhp Billiton And World Biggest Natural Resources Organisation
Introduction
BHP BILLITON is established and world biggest natural resources organisation. This company is working in 25 countries across the world. BHP
BILLITON is one of the top industries for producing aluminium, energy coal, metallurgical coal, copper, uranium, iron ore, oil, gas, diamonds. Head
office of this organisation is in Melbourne, Australia.
пЃ¶BHP BILLITON also provided steel for Sydney Harbour Bridge. BHP BILLITON is also a part of the first Military Aircraft in Australia. (Edumine,
2015)
пЃ¶BHP BILLITON stayed on top in progress of gas and oil. It emerged highest scores in 2014 and 2015. (Disclosing annual report, 2015)
пЃ¶In 2005 BHP BILLITON became second largest copper producer and third largest nickel producer.
Background of the organisation
BHP BILLITON is merger of two companies. First one is BHP (Broken Hill) was formed by Charles Rasp in western New South Wales. BHP started
their business with mining of silver and lead. Second one is Billiton used to abstract tin in mid–1800s. BHP was largest zinc producer but when these
came to less profitable then David Baker gave advice to established steel making in Australia. Established steel industry was the milestone in
Australia. BHP also started manufacturing ships and they launched first ship in 1941. In 1960, Australia had no oil and it was huge disadvantage in
cars, trucks. BHP discovered natural gas in 1965 and oil in 1967. Billiton expands its operati on by establishing the raw material process to produce
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A Report On Anglo Multinational Company
1. INTRODUCTION: –
1.1HISTORY OF ORGANISATION:–
BHP Billiton is Anglo–multinational company dealing out with mining, petrol products and metals, where its head quarter is been located in Australia.
The merging of both the company was done in the year 2001. Before merging both companies were carrying out their private business. BHP an
Australian company in year 1885 was formed under the name of Broken Hill Proprietary Company, mainly dealing with petroleum, mining and steel.
Along with that the company was participating in the invention, producing, and marketing of natural resources like iron ore, coal, copper, oil and gas,
diamonds, silver, lead, and zinc, and also did business like transport and logistics, corporate services. Furthermore, Billiton a company of Netherland
was named under an island known as Tin–rich was developed in 1860 and became part of Royal Dutch/Shell group in 1970. Billiton was a global
leader in mining of aluminum, steaming coal, nickel and growing copper portfolio.
1.2COMPANY STRUCTURE:– BHP Billiton is divided into 7 business units, Aluminum, Base metal, Stainless steel materials, Petroleum, Carbon
steel materials, Energy coal and Diamond specialty products. Along with these BHP Billiton possess a mineral discovering group, technology, freight
transport and logistic operations.
1.3COMPANY SCOPE:–
To maintain safety and environment policies, integrity, high performance, win–win relationship and respect of each and other companies. The
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Case Analysis Of BHP Billiton Company
BHP Billiton Company is formed after two companies; BHP limited and Billiton Plc are combined together. BHP Billiton central headquarters situated
in Melbourne, Australia and London, United Kingdom. BHP Billiton is a multinational mining company that yields natural resources from earths
center. (The BHP Billiton Group is the world's biggest enhanced asset extraction aggregate. "Patricia") The company major resources are coal, copper,
iron ore, petroleum and potash. (BHP Billiton is supposedly the world's biggest asset organization; it is included not just in the generation of vitality
and metallurgical coal additionally aluminum, copper, nickel, silver, titanium, uranium, oil, and gas. "Hans")Over the years, the companies have
slowly become more aware of its environment. (We call attention to that the timing of this was reliable with very much hailed top in ecological
mindfulness inside Australia that BHP was clearly not able to consider. 'Dallas") Strategies have been introduced in ways to protect the environment
(BHP required an alter in key course so it gets to be mindful of a more extensive conceptualization of its corporate way of life as being 'mining in
connection to earth ... Show more content on Helpwriting.net ...
This is to set targets and emplacement projects to reduce impacts on water resources. This target recognizes the local regional context of water and
allowing operations to annually review and define the necessary projects that will best address the material water risks. For example onshore, shale,
safeguarding and managing environmental resources. (the issue of mining effect on water assets, dependably a noteworthy sympathy toward ranchers,
has strengthened with the development of CSG penetrating in the area. Agricultures contend that CSG operations are a noteworthy risk to country
geretaion in light of the facts that they disturb and decimate the common frameworks that support life in situ.
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Communication Plan For Fortescue Metals Group
. EXECUTIVE SUMMARY This communication plan for Fortescue Metals Group (FMG) is specifically devised to support FMG in engaging with
their internal stakeholders. All stakeholders take part in an important role in the corporation; however by using a strategic approach to internal
communication, a proactive strategy for long–term business success with internal employees will be created. This will ensure a reinforcement of
benefits, highlight key elements, and present specific issues that need to be taken into consideration. Furthermore the process of planning and
measurement of the internal communication strategy will take place. Communicating effectively with stakeholders is critical to refining productivity
within a corporation and generally occurs once the stakeholders understand the intended message that FMG has specifically constructed tailored to their
needs, wants, facts, etc. This internal communication strategy will deliver a concentrated plan to communicate FMG's vision; it's mission, values, and
goals and clearly communicates why stakeholders are such a huge mechanism that drives the business. Gaining understanding from FMG's employees
will be communicated most efficiently via formal two–way internal communication methods that support FMGs strategies as well as the consistent
messages being conveyed externally. 1.1 The benefits The objective of this strategy is to promote and nurture a strong interaction within the
corporation by creating a two–way
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India 's Impact On Natural Resources
Abstract
India has been known for many things but recently it has had a shortage in natural resources. Mining is one of the shortage and finding a place to mine
goods. The resources that help people be employed. The amount of mining that could be brought in.
When you think of India you think of all the different cultures that are involved in India. India has a great history and is known for the vacationing and
any sort of dreams you want to imagine. India also helps with making natural resources brought to the United States and to other places. We sometimes
take the places that gives us the resources we need. When did the problems start? How is affecting the surrounding areas? When we think of all the
problems that the ... Show more content on Helpwriting.net ...
The illegal mining has also made matters worse. They lost around 1.86 trillion which is about 100,000 crore. After this happened they had cases
brought on all of them including Jindinal Steel & Power and Hindalco and some other companies (businesstoday in). The shortage in this problem has
left supervisors to work and be in charge of themselves (Human Rights Watch). "The mining can cause immense damage when a government doesn't
supervise it all", said Meenakshi Ganguly, who is a director the South Asia Human Rights Watch. India's government has failed to make sure that over
2,600 operations have been ensured. The problem seems to be in the southern part in a town called Goa which is where all the illegal mining is
happening to my understanding. How is it affecting the surrounding areas? Mining is resulting in erosion all around, which can create in sinkholes
which can be problems for cars and peoples. Another problem is it can cause water contamination which can harm animals and people. Bad mining can
cause fire which can burn for decades which can cause pollution. The inhalation from the coal dust can cause black lung disease (BOLOji). Thousands
of mine accidents every year which is crazy. Why would a person want to work in such a dangerous place? I guess they want to work where they feel
like they belong and they can have a career and they can make sure they can get
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Fortescue Metal Group Strategic Analysis Essay
Allocated firm: Fortescue Metal Group
Memorandum
DATE: Monday 23 May, 2010
TO: The Board of FMG
FROM: Truman Chun Wai , a senior financial officer
SUBJECT: Future growth strategy analysis
Dear the Board,
I am glad to present to you the future growth strategy analysis report for Fortescue Metal Group.
This report had been prepared requested by the Board. The content of this report concentrated on evaluating the performance of Iron Ore Mining and
providing a recommendation of any potential financial justified growth strategies for the next strategic planning horizon (3 years).
Should you have any inquires in regard to this report, please do not hesitate to contact me. ... Show more content on Helpwriting.net ...
Research summary
1) Economic overview
There are three major economic factors that have combined contribution to FMG's growth over the past 5 years, including the strong AUD , the
amazing export feature due to the Chinese boom which drives up the commodity price and the interest rate decision by RBA. Australia dollar has
appeared strong for the past 5 years and maintained at $6–$6.8 level for AUD/CNY at most time. It promised a high level of foreign income for
Australia exporter. In 2009, China demanded almost 60% of the world's iron ore to produce 47% of world's steel production. It contributes the most
to the price rocket from $31.78 to $180.6 US cents/mts in 5 years time. In addition, Australia borrowing cost remains high over the past few years
which may alter the finance decisions of FMG.
2) Industry overview
The seaborne iron–ore industry is very competitive globally. The company has to compete in both domestic and international markets, facing domestic
competition from BHP and Rio Tinto along with international competition from CVRD. In order to gain market share, FMG has at least 10 contracts
with Chinese steel companies at a bellowed–market price. In early 2010, the big three ore miners, BHP in particular, have been pushing for a
renovation of the annual system, arguing that shorter–term pricing would be fairer. 40–year tradition
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International Business
Group Assignment: BHP BILLITON
International Business Theory & Practice (MGF 5966)
Lecturer/Tutor
Mr. Sharif Rasel
Name & ID
Junaidul Haque – 263 512 50
Dalaphone Phengrattanavong – 266 785 94
Girish Balar – 274 718 53
Maike Nan – 263 994 90
Due Date – Week 11
Introduction
BHP Billiton, which is Broken Hill Proprietary Billiton, is an Anglo–Australian multinational mining and petroleum company. BHP started its operation
in Melbourne in 1885 which is one of Australia's largest and oldest companies, and it focused on development, discovery, production, and marketing of
natural resources. In value–added flat steel products, BHP was also a market leader. In 1860, Billiton was established in The Hague,... Show more
content on Helpwriting.net ...
Meanwhile, the CSR activities create communities a trustworthy of the organization by contributing benefit for society. For example, BHP Billiton has
been a part of communities which made the grant to ANDA project to help vulnerable and displaced people in Colombia. The company also invested
$13.4 m in the five rivers conservation project. This will create secure, lasting conservation position for the land and make an endowment for the
long–term management of the property in Tasmania, Australia. Those projects have assisted human perception to think positive regarding the
organization.
In addition, BHP Billiton works to improve risk profile by enhancing the identification and management of health, safety, society and environment risks.
The company has shown a reduction of 5.7 % in potential employee exposures to carcinogens and airborne pollutants. It is their sustainability focus on
people to maintain people and operation safe, concentrate on people health and well–being as well as developing their employee. Thus, it is a motive
for the BHP Billiton's employee to bring up the innovation.
Apart from that, BHP Billiton also developed a code of business conduct by initiated land and biodiversity management plans for all of its operations as
these included controls to prevent the damage of the environment and compensation influence to biodiversity and ecosystems services. With this plan,
the firm has created the value of
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Bhp And The Global Mining Industry
BHP is a top producer in the global mining industry with sales of $44 billion and operating in 25 countries. The current influences that may affect
BHP's profit and how it is run are globalisation, technology, cost–based competition, and government policies as priorities. BHP needs to focus on
technology and globalisation, as they are key factors and influences that may affect the business greatly as they are directly linked with BHP and its
operations processes.
Description and Legal structure
BHP Billiton is one of the top producers of iron ore, metallurgical coal, copper and uranium, while also interested in oil, gas and energy coal.
Extraction and processing of the minerals, oil and gas operations are located primarily in Australia and the Americas. BHP runs under a Duel Listed
Company structure with 2 parent companies; which are BHP Billiton Ltd and BHP Billiton Plc. These are operated as a single entity and are run by
a board and management. The global headquarters for BHP is Melbourne, Australia. BHP's revenue was over $44 billion in 2015 with over 65,000
employees in 2016 and operating in 25 countries.
Influences
Globalisation
Globalisation is the high degree transfer of capital, labour, intellectual capital and ideas, financial resources and technology. It includes the removal of
trade barriers and increased integration between countries and companies around the globe, which means BHP can operate in more countries, transfer
goods between the countries and in
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Importance Of Being At The Right Place
Being at the right time at the right place: "How to benefit financially?"
By some estimates, the total number of human beings that have ever lived is about 110 billion, of which approximately 7% are alive today. The
world population keeps growing every year, so, statistically, you might say more humans have a chance of being at the right place at the right time
than at any given time before, right? Yes and, uh, no. Statistics and big numbers have a powerful way of suggesting the wrong answer. Merely
because more people play the lottery certainly does not mean your chance to win increases; only the total amount the winner will take away increases.
That is of course unless we change the rules of the game itself. So, what does it ... Show more content on Helpwriting.net ...
You might have heard of him. Andrew saw a huge opportunity while working for the railroads, expanding tracks West and South from Philadelphia,
Pennsylvania. Rail tracks and bridges were needed in great numbers all the way to the West Coast. A new, much more efficient process to make a
stronger iron had just been invented by Henry Bessemer in the United Kingdom and Andrew Carnegie saw an enormous opportunity in making this
new iron called steel from Pittsburgh, Pennsylvania, close to the iron ore mines and rivers for easy transport. But, the most important factor in
deciding to start this business was a law adopted in 1870 supported by the Republican Party, which had the presidency and a majority in Congress.
The law was a $28 tariff on imported steel, basically taking out the British competition in one stroke. The tariff was upheld for a good 30 years. You
may or may not favor laws like this one, but it is beside the point: it was a Ka–Ching moment for Andrew and the other eight steel companies in the
United States. They essentially got a license to print cash for themselves. Their timing was right. The rest is history. Andrew Carnegie went on to
become one of the wealthiest men ever... only to give it all back to Society. The thinking behind his philanthropy was that he had been given a huge
opportunity, largely by the good fortune of being at the right time and the right place. Of course, there is more to it than
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Case Study : Oxley Metals Limited Essay
1.Overview of allocated company
Company Name
Centrex Metals Limited (CXM)
Ranking in ASX
–
Location of the business headquarters
L 11 147 Pirie St
Adelaide, South Australia 5000
Australia
Size of the company (market capitalization)
Market capitalization is calculated by the shares outstanding times share price, indicating the total market value of company equity.
20,190,000
Number of employees
12
Number of branches/stores
There are mainly four projects: Oxley Potash Project(WA), Goulburn Polymetallic Project (NSW), Gundaroo Gold Project(NSW), and South Australia
Iron Ore Portfolio which includes Wilgerup Hematite Iron Ore Project, Port Spencer Joint Venture, Eyre Iron Magnetite Joint Venture and Bungalow
Magnetite Joint Venture.
Business/industries it is involved in
Centrex Metals Limited is a public iron ore mining company, which was found in 2001. This Australian company specializing in iron ore mining and
exploration, which has its own operation and tenement holdings over iron ore resources. Their targeted iron ore resources are mainly in Eyre
Peninsula located in south of Gawler Craton, South Australia; and they have been expanding their projects over Australia that are classified as Potash,
Base metals and Gold exploration. They have been cooperating globally to expand their business. Centrex Metal Limited has been switching their
business goal from iron ore over–exploration to diversify their products in order to lower its portfolio risks and their business
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Similaritys And Dissimilarities And Similarities Between...
There are a lot of similarities and dissimilarities between India and Brazil when it comes to culture which are as follows:
Similarities:
Both, India and Brazil, were colonies of the European nations for a long period of time. While India was ruled majorly by the British, Brazil was
under the reign of the Portuguese. The Impact was that the official language of these imperialists became the main dialect of the ex–colonies i.e
English in case of India and Portuguese for Brazil
There has been rage over one particular sport with the entire nation being obsessive about it. It's Cricket for India whereas it is Football for Brazil
India is the second largest producer of tea in the world whereas Brazil is the number one country in terms of production of coffee. So, both the nations
hold major stake in the beverage industry
Both the countries have huge income divide between the rich and the poor with the former being excessively rich and the latter being deprived of
basic amenities to lead a healthy and wealthy life
Festivals are an important part of the culture of both the nations. While, Brazil receives plenty of tourists from around the globe for its Carnivale that
happens every year, India has its fair share of international presence with festivals like Holi and ... Show more content on Helpwriting.net ...
It has timber forests and mineral resources such as quartz, diamonds, chromium, iron ore, phosphates, petroleum, mica, graphite, copper, gold, bauxite
etc. When it comes to agriculture, Brazil boasts of production of sugarcane, corn, potatoes, cocoa, peanuts, pork, soyabeans, oranges, cotton, tomatoes
etc. The Amazon rainforest, majority of which lies within Brazil's borders, is the habitat of all plant species and contributes 15 per cent of the world's
oxygen. It is also an important factor in the global climate equilibrium and hence, biodiversity is one of the biggest natural assets that provide an edge
to Brazil in comparison to other growing
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Rio Tinto : The Leading Mining Groups
Rio Tinto is one the leading mining groups in the world whose main focus is to find, mine and process the Earth's mineral resources for different
benefits both domestic and international. It is in its true essence a mining and metals' company. It has its operations in more than 40 countries
expanding across 6 continents and has an employee base of around 66000 in 2014. (RIO TINTO, 2014) Its strongest representation is in the North
American and Australian territory though it also has its bases spread over in Asia, Europe, South America and Africa. It has its main headquarters in
the United Kingdom and the Rio Tinto group is comprised of two companies: Rio Tinto plc в€’ a London and New York Stock Exchange listed
company в€’ and Rio Tinto Limited, which is listed on the Australian Securities Exchange. Rio Tinto claims that because of their global presence and
with their expertise in technology and marketing it enables them to supply a quality and right product at the right time. (RIO TINTO, 2014)
Their vision is to be a company that is admired and respected for delivering superior value, as the industry's most trusted partner. Their operations give
them the opportunity to create mutual benefit with the communities, regions and countries in which they work, and their metals and minerals are
transformed into end products that contribute to higher living standards. (RIO TINTO, 2014)
Its major products are aluminum, copper, diamonds, gold, industrial metals, iron ore, thermal and
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Port Hedland: Mining Iron ore
Port Hedland Political Factors: The founding and orientation of this town is towards mining iron ore. The coastline near the area of Port Hedland
had been explored in the 1700's by Captain Peter Hedland, of which the town was named after. He was one of the first Europeans to explore the
region to develop an export port due to its natural harbor. "Peter Hedland arrived in the area in April 1863 onboard his boat, Mystery that he had
built himself at Point Walter on the banks of the Swan River. He named the harbour Mangrove Harbour and reported that it would make a good
landing site with a well protected harbour and that there was also fresh water available." (Hardie 1981) Near the harbor of Port Hedland was built
a beach front immigration detention facility that housed immigrants first made in 1991. People labled as "Boat People" thought of Port Hedland
as a good place to seek asylum and were soon deported after the immigration facility was put into effect. Presently due to the demand for housing
and an increase in iron ore production, it closed down the facility in 2004 and used it to house iron ore workers. Economic Factors: Port Hedland is
rich in iron ore mines, livestock, and has a natural harbor that is used to export iron ore. The main export of Port Hedland is iron. Before the
dredging of the channel in 1986, the highest amount of iron ore that could be exported per vessel was 2,000 tonnes. Now it can accommodate ships
with a capacity of up to 250,000
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Iron Ore: Important To Australia's Economy
Australia's iron ore are very important to Australia's economy. In a single year Australia's iron ore mines produce more than 660 million tons of the
ore, that is about 75 billion dollars in export revenue. This makes iron ore one of the largest exports in Australia. Not only do iron ore exports make
money in Australia the iron ore industry also pays more than 10 billion dollars in taxes and royalties each year to the Australian government
Iron comes in many forms including cast iron, galvanized iron, steel, stainless steel and tool steel. Each of these different forms of iron have different
components (all including iron)and different properties and different uses. Cast iron is made up of iron + up to 5% of carbon and occasionally 1–3%
of silicone. Cast iron main properties are that it is hard, brittle and it rusts easily. Cast iron is usually mostly used to make or form components of
camp ovens, engines, cylinder blocks and woks. Steel is another metal made from iron and less than 1% carbon. The advantages of steel is that it is
hard, strong and malleable and this makes steel perfect for uses such as buildings, machinery, transportation, cans and containers and household
appliances. The first uses of iron is about 6000 years ago people would make tools, weapons and ornaments ... Show more content on Helpwriting.net ...
but iron is found most heavily in the earth's crust. It is found so much in the earth's crust that it makes up to 5% of the weight of the earth's crust.
Iron is known to be one of the main elements of the earth's core. Iron is found on the surface of the earth in soil in low concentrations. Iron is rarely
found in pure forms iron is usually found combined with nature. Iron ore are the most common ways to find iron for distribution. the main iron ores
are hematite or ferric oxide (Fe2CO3), taconite or an iron silicate and magnetite or ferrous–ferric oxide( Fe3O4), iron pyrite or iron disulfide,
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Bhp Billiton Ltd Essay
1.1 Introduction
1.1.1 BHP Billiton Company Background
BHP Billiton Limited was founded in the year 2001 as a merger between Australian Broken Hill Proprietary Company and the Anglo–Dutch Billiton
Plc. BHP Billiton is a dual listed company and well known as the leading global resources and the largest mining company in the world measured from
its revenue. The headquarters is in Melbourne, Australia and a major management office in London, UK. They have more than 100,000 employees and
contractors across the 25 nations. BHP Billiton is the major producers of commodities namely energy coal, aluminum, iron ore, minerals, copper,
manganese, uranium, nickel, and mining in oil, gas, and diamond. They have more than 100 mining and ... Show more content on Helpwriting.net ...
Their main focus is to create effective strategic framework that capitalizes on the strong market consumer direction, cash optimization from their assets,
and maximizing their financial strength. By doing so, the company not only becomes effective, but also efficient and furthermore, it strengthens their
business position in the global market.
The other strength of BHP Billiton is their development expertise. Development expertise refers to professionals that are formed to be R&D
(Research and Development) division, which their duty is to develop new products to meet the market demands and give the best products for the
clients. Hence, it is their competitive advantages that distinct them from their competitors. Furthermore, with the diversity of their products, they are
able to mitigate their productions easily to other countries / nations since their productions are well distributed over the world.
Additionally, BHP Billiton is able to tackle all the possible challenges from their competitors by implementing effective strategies and approaches. This
particular strength is considered as the most powerful ability of BHP Billiton that can help them to maintain their performance in the business and
guard their crown over the competitors.
Weaknesses
As BHP Billiton has become a giant company in the industry,
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Indian Steel Industry
INTRODUCTION
Indian Steel Industry
India's economic growth is very much dependent upon the growth of the Indian steel industry. One of the major indicator of economic development has
always been the consumption of steel. Steel is an essential element in sectors such as housing, construction and land transportation, special steel's use is
growing in engineering industries such as power generation, petrochemicals and fertilizers. India is at the central position on the global steel map, with
the establishment of new steel mills, continuous modernization and upgrading old plants, improving backward integration and energy efficiency.
Steel production in India has increased by a compounded annual growth rate (CAGR) of 8 % over the period 2002–03 to 2006–07. Growth in India is
subjected to be higher than the world average, as the per capita consumption of steel in India, at around 46 kg, whereas the world average (150 kg)
and that of developed countries (400 kg). Indian demand is projected to rise to 200 million tonnes by 2015. Considering the strong demand scenario,
most global steel players are aiming for a major expansion, either through Brownfield or Greenfield route. By 2020, steel production capacity in India
is expected to touch 275 million tones. Greenfield projects and Brownfield projects are estimated to add 28.7 million tones and 40.5 million tones
respectively to the existing capacity of 55 million tonnes.
The growing consolidation in the steel industry
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Essay on BAOSTEEL negotiating a cross-shareholder alliance
Doing business internationally and globally, Seminar 2. 1. What is the strategic position of Baosteel and what are its motives for negotiating a
three–way cross border, cross–shareholding alliance? Strategic position of Baosteel: Leadership and competitive position. Baosteel is the largest and
most profitable steel–maker in China. Baosteel emerged as a catch up strategy based on those pillars: integration, internationalisation and diversification
( haarde laiendamine) Baosteel had to integrate, both horizontally and vertically, in order to increase production capacity while better controlling for
key elements of the value chain. For integration Baosteel completed series of domestic acquisitions. In order to upgrade... Show more content on
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2. How does a cross–shareholding alliance differ from a merger or a simple strategic alliance based upon co–operation? In cross–shareholding alliance
the companies own stocks in another company and decisions should be made together. Both firms are still independent In merger: The combining of
two or more companies, generally by offering the stockholders of one company securities in the acquiring company in exchange for the surrender of
their stocks. Two companies become one, decison is mutual. They are not idependent anymore Simple strategic alliance is an agreement between those
companies to pursue a set of agreed objectives while remaining independent. They provide such ressources like: products, project funding etc but
donВґt own eachothers shares. Posco owned 1% from NSL AND NSL 3% from Posco 3. What are the risks to each company in the alliance? Are
there risks to the shareholders of the company? Do you think a three–way merger is possible? Risk to company: More inluence, independency– loss.
Risk of losing control, Loss of operational contol Image influence, Decisionmaking is together When each company tries to be too competetive
Partner experiences financial difficulties Hidden costs Information leakage Baosteel and Posco : Each company agreedto invest US125 million to
acquire a stake in the other, with this stake being less than 0,5 % As of July 2001,
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Strengths And Weaknesses Of Steel
2.3STRENGTHS AND WEAKNESSES OF THE COMPANY
Strengths
1.World's leading steel and mining company.
ArcelorMittal is the world's leading steel and mining company where its annual achievable production capacity is about 114 million tons of crude steel
in 2015 and about 210,000 employees across 60 countries. According to WorldSteel Association, in 2015 ArcelorMittal was at the first ranking among
the top steel–producing companies in the world. Other than that, they are also the leader in all major global steel markets including automotive,
construction, household appliances, and packaging. They are the largest producer of steel in Africa, North and South America, and EU, and have a
growing presence in Asia. ArcelorMittal is the one of the largestiron ore producers in the world by having about 14 global ... Show more content on
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With respect to these company's abilities, ArcelorMittal believes that they are relatively high level of self–sufficiency in key raw materials and be as
their competitive advantage over time.
Moreover, ArcelorMittal had proven to the world that they have the expertise in steel acquisitions and turnarounds. The company is able in integrating
operations and turning around the assets which underperforming within short time. The combination of knowledge and skills between the second
largest steel companies in the world, Arcelor, and Mittal Steel has resulted diversification expertise from different business units across the company.
The company demonstrates their focused on capital expenditure programs, applying the company wide best practices, improving working capital,
ensures sufficient raw materials, and encouraged safety and clean environment at their acquired
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Reviewing And Support Evidence From Bbc Article Using...
Table of Contents Introduction2 Task 12 1.1 Note and summarise the article with information.2 1.2 Comparing and contrasting the fact and opinion of
presenting another business article3 1.3 Evaluate and support evidence from BBC article using effective reading strategies.4 Task 2:4 Understanding
techniques to listen effectively and critically to business focused materials and develop note taking skills4 2.1 Analysis of the Contents from the
Video links4 2.2 Producing Accurate summary notes5 Task 35 3.1 Discussing the Genre and Focus of the case study5 3.2 The structure or format of
the given business case study6 3.3 Discussion the causes and relationship.6 3.4 Identifications of the Academic Hedging and Cautions6 3.5 Business
case study is referenced accurately according to the Harvard System?7 3.6 Business case sturdy you read is accurately proof read and edited7 Task 47
4.1 Skills are needed to participate effectively in working groups7 4.2 The way others are given Opportunity8 4.3 Learned from debate in the Group
members8 4.4 Identifying the Skills needed to demonstrate the presentation.9 4.5 Act as a moderator during debate.9 4.6 Personal performance on
debate and setting goals.10 Conclusion10 Reference(s)11 Introduction After the industrial revolution in 19th century, there are many small and big
business centers have been established in all over the world. Communication competence or strategy is the important characteristics for man in
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Why Is Iron Ore Important In Australia
Iron ore is Australia's largest international export, accounting for 22% ($54 billion) of its total export economy (Simoes, 2015). The largest
recipient of Australian commodities, by far, is China, accounting for 29.12%, followed by Japan at 19.67%, South Korea at 8.35%, and India at
5.27% (Simoes, 2015). Over the past decade, iron ore has become increasingly important to Australia's economy, increasing from $17.7 billion in
2001 to an astounding $110.9 billion in 2011 (DFAT, 2012). Blessed with an abundance natural resources, Australia has helped fuel the rising
industrial powers of many East Asian countries over this period, as commodity prices soared an average of 23.2% per year, compared to just 4.8% for
other exports (DFAT, 2012). However,
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Valued at $17.6 billion in 2014 the industry grew by an astounding 7% in 2013 and 14% in 2014 (Pyne, 2015). The majority of the income is
generated by nearly 600,000 international students who pay full tuition to attend Australian schools; $11.7 billion is generated by universities, and
$2.7 billion from vocational schools (Pyne, 2015). In fact, the international education sector is Australia's fourth largest export industry following iron
ore, coal and natural gas, and is responsible for over 130,000 jobs (Pyne, 2015). There are numerous reasons why the current international education
boom is likely to continue. First is because of the success of English Language Intensive Courses for Overseas Students (ELICOS), which has grown
an astounding 31% merely in the last two years (ICEF, 2015). As the largest English–majority nation in the Asia–Pacific region, Australia is a natural
destination for international students who wish to immerse themselves in the language while studying in the classroom. With the rapid growth in the
middle class of countries like China, India, South Korea, Vietnam and Thailand, there will continue to be a great incentive for young people to learn
English in order to compete effectively in the global economy (Neeley, 2012). Furthermore, recent trends also show that the international
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Strategy Analysis for Iron Ore Segment on BHP Billiton
STRATEGY ANALYSIS FOR IRON ORE SEGMENT OF BHP BILLITON
1. Company background,
BHP Billion, a merging cooperation of BHP and Billion in 2010 (BHP Billiton, 2011), is a world leading company in mining and resource exploiting.
According to ASX data, BHP Billion has the largest business scales in the Australian market, AU$166 billion of market capital and AU$71 billion of
annual operating revenue in FY13 (Australian Securities Exchange, 2014). Over 128,800 employees and contractors work in 26 countries worldwide to
create value for their shareholders (BHPB Annual Report, 2013). The core business has been classified into five units: petroleum, copper,iron ore, coal
and aluminum, making 20%, 18%, 17%, 31% and 14% respectively in the revenue of FY13. It can be seen from Graph 1 that although iron ore was
not the segment with the largest assets, it still returned with the largest revenue and highest ROA rate in 2013. The following paragraphs will focus on
the strategy analysis on the segment of iron ore and how it can conquer possible threats
2. SWOT Analysis & Porter five forces analysis
2.1 SWOT Analysis
2.1.1 Strength
Firstly, BHPB owns abundant resource in Western Australia, the second largest reserves stock (U.S. Geological Survey, 2014) with well
–developed
infrastructures on transportation. In addition, the joint venture in Brazil also provides supply to North America. Better geographical location
contributes to the logistical expense of United States to be
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Advantages And Disadvantages Of Cattle Herding
Jobs that have become recently obsolete
Due to the industrial revolution and progress of technology, jobs are beginning to become obsolete. These jobs include; the milk man, inspectors,
testers, samplers etc. in factories and drivers.
Milk man
Before fridges were invited men delivered fresh, cool milk right to your doorstep before it spoiled. This was usually done by young, charming
well–mannered men. This labour recently ended due to the introduction of fridges, shopping centres, preservatives and new ways for milk to last longer
(condensed milk).
Inspectors, samplers, testers & weighers
Before machines factories hand tested, sampled and weighed products and officials were called in for inspection. Now we have the technology analyse
and inspect products and weight them while being prepared for packaging. Because of this advancement these workers are no longer needed and told
to move on from the 'old days'.
Drivers
Drivers (not people who drive vehicles) used to manually herd cattle and sheep where ever they were expected/needed (like cowboys). A robot has
recently been created to drive herds and go stand even the harshest of environments. Although this makes it easier for farmers it has left lots of drivers
unemployed.
https://www.gizmodo.com.au/2016/07/this–aussie–cattle–herding–robot–will–put–dogs–out–of–work/
Videos and information on this new cattle herding robot
Jobs that have recently been created
Although technology have made many jobs obsolete it has also
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BHP Billiton Business Analysis
In the year 1995, SAM (sustainable asset management was being found which based on sustainable investments. For the developemnt of sustainability
reporting a GRI (global reporting initiative was) established in 1997.
These above factors of BHP Billiton are discussed in detail further in this report in both positive and negative ways. And what steps need to take to
improve the business in terms of the above factors are all dicussed here additionally.
Enterprise: BHP Billiton
Industry: Metals and mining
BHP Billiton produces gas, oil and is a mining company having headquarters in Melbourne, Australia. BHP Billiton is formed with the combination of
BHP and Billiton in 2001 and has become the global leaders in mining and metals. It manages ... Show more content on Helpwriting.net ...
To overcome this, the resources must be used wisely so that coming generations can get benefit and ensure that there are enough resources left for them.
For a mining company there is always a requirement to keep balance between society, environment and economy. If there will be a change in any of the
measurement then alternate measurement will also get affected.
The four essential zones which influence sustainability are procedure or operations, education, group interest and future conditions. These four regions
of sustainability can be connected to the mining firms. If the company is aware about industry the operations going on the sites that effects the health
of people and environment then organization should take wise steps to control bad effects of their operations. Mining operations are always
considered as environment unfriendly. It is no doubt that some of the mine sites are located away from the residential or urban areas but still they
effect the people of workers over the sites with the emission of gases . The large numbers of small and medium and big mining ventures are located in
Australia which are good for profit and economy but not as good for the environment as other
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Case Study : Arrium Wedged By Debt Dilemma
Article
Stevens, M. 2015, 'Arrium wedged by debt dilemma', Australian Financial Review, 19 August, viewed 20 August 2015,
Summary
Stevens (2015) discusses the financial challenges that Arrium faces amid falling iron ore and steel prices. As Arrium confronts a falling Australian
dollar against the US currency, the article comments on the need for Arrium to counteract losses and to repay $1.7 billion of amassing debt, the
majority of which is denominated in US dollars.
Application of concepts
This article connects to the economic environment as the collapsing iron ore price is fundamental to Arrium's debt predicament. Arrium's business in
iron ore mining and steelmaking has been affected by declining demand from China's steel industry (Ma 2013), with losses amounting to $140 million
in the past year (Stevens 2015). Allen and Day (2014, p. 248) assess 'a sustained period of rapid urbanisation and industrialisation...requiring high levels
of investment in infrastructure', as the reason for China's previously large consumption of iron ore. The fall in prices, a result of declining steel
production growth, is attributed to China's presently decreasing investment expenditure, slowing economic growth, and transition to a service–based
economy from a resource–intensive economy (Garnaut 2012, Economist 2014). Accordingly, the dropping iron ore price has driven Arrium's losses and
inhibited its ability to fulfil debt obligations.
The depreciating Australian dollar against the U.S.
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Penokee Hills In Northern Wisconsin
Wisconsin has a long tradition of being at the forefront of environmental protection. From having pristine national forests, clear water, and tough
environmental regulations to keep our forests pristine and water clear. Now, in the 21st Century, Wisconsin is losing that right due to Wisconsin
Governor Scott Walker. Walker is a big proponent for a mine in the Penokee Hills. The Penokee Hills are located in Northern Wisconsin, in Iron
County, just south of the Bad River Band of Lake Superior Ojibwe Reservation. This mine would have been an iron mine, one of the world's largest
open pit mine. The problem with this mine is it would have destroyed most of the Penokee Hills, the environment around it, and polluted everything
around it, including ... Show more content on Helpwriting.net ...
One consequence on the environment would have been from the pollutants the mine would have given off. One of these pollutants would be Mercury.
In the process of getting iron ore from taconite pellets, which is what is mined, the taconite must be heated up, one element that is given off during the
heating process is Mercury (WI DNR, 2003, 22–25). When Mercury is in it's gaseous form, it enters the water cycle and helps form acid rain (WI
DNR, 2003). When the acid rain is released as precipitation, it enters the waterways and pollutes the waters. In the case of Northern Wisconsin, this
acid rain would help pollute the Bad River Watershed, one of the biggest tributaries of Lake Superior, which would be polluted from the Mercury.
Pollution of Lake Superior would be devastating. Lake Superior is the world's largest freshwater lake and it's water flows through the Great Lakes,
down the St. Lawrence River, and into the Atlantic Ocean, all of which would be polluted. Also, Lake Superior is a huge source of drinking water for
a huge portion of cities located right on the lake including Ashland and Superior in Wisconsin, Duluth and Cloquet inMinnesota, Sault St. Marie and
Marquette in Minnesota, and Thunder Bay in Canada just to name a few (Lake by Lake, 2003). Another major pollutant is Sulfate. Sulfate is one
of the major parts of taconite mine runoff. Sulfate does the same as Mercury except it is mixed in the water right away instead of being in acid
rain, though it is a component to acid rain (WI DNR, 2013, iv). Sulfate directly ran off into watersheds creates more problems than if it were just in
acid rain. In the Bad River Watershed, wild rice is a prominent crop grown in the water for the Ojibwe. That runoff can form Sulfide, and it has been
shown in Minnesota to be toxic to wild rice, helping destroy a means of income for so many people ("Wild Rice Sulfate, 2014, 5–6).
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Iron Ore Case Analysis Essay
MBA 816 Operations & Production MGMT
Iron Ore Company of Ontario "A3 Written Assignment"
December 12, 2011
Presented to: Dr. James Mason
Presented by: Ahmed Omar Afify Student ID: 200–305–478
––––––––––––––––––––––––––––––––––––––––––––––––– Issues * To minimize total waiting time and stockpile re–handling costs (Keep operations
costs as low as possible). * To improve productivity process and decreasing idle time of machines and labor.
–––––––––––––––––––––––––––––––––––––––––––––––––
Background * Iron Ore Company of Ontario is working in the business field of processing iron ore. * Production was scheduled on a ... Show more
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Each Shovel takes 11.5 m3 / load with 480 m3 / hr to get 0.024 hr/load. Each Truck takes 36 m3 / load with 128 m3 / hr to get 0.28 hr/load. Load a
truck 36 m3 / load with Shovel 480 m3 / hr to get 0.075 hr/load. Dump time by a truck in hr is given as 1.7 min or 0.028 hr. Calculations| Shovels|
Trucks| Hr / load | 0.024 | 0.28 | Load time for a truck / shovel by hr | 0.075 | Dump time for truck by hr | 0.028 | Trip time for truck without load and
dump time by hr | 0.177 |
The whole trip takes 0.28 hrs or "16.8 mins".
Trip= time taken to load truck by shovel + time taken from shovel to crusher+ time taken for dumping+ time taken to drive back from crusher to shovel.
So 0.28 = 0.075+ time taken between shovel and crusher (twice) + 0.028
So time taken between shovel and crusher (twice) is 0.177 hrs, so each trip takes 0.0885hrs (5.31 mins).
Exhibit 8 "Distribution of crusher delays during day shift"
From summary Statistics, we found that: * Mean Delay = 12.86 minutes = 0.214 hrs * Number of Delays = 332 * Sampling Interval = 120
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Rio Tinto 's Largest International Mining Companies
Company Overview
Rio Tinto is one of the world's largest international mining companies. Headquartered in London, the company is a dual listed company as Rio Tinto
plc and Rio Tinto Limited but operates as a single economic entity. Rio Tinto's diverse mining interests focus on delivering shareholder value by owning
and operating metals and minerals mines which deliver the world's most sought out commodities. The company operates in ten countries worldwide
and maintains control of whole or partly owned entities throughout the world. Currently, Rio Tinto's average number of employees totaled 66,331 with
approximately one half of all Rio Tinto's employees conducting mining activities in Australia and New Zealand.
Rio Tinto's business models delivers shareholder value through exploration and evaluation of potential metals and mineral deposits in new geographical
regions, developing new mining operations worldwide, improving existing mining processes from extraction to delivery, and ensuring operations
ending in designated regions are sustainable and beneficial for future land uses. (Rio Tinto Annual Report, 2013)
Company History
Formed in 1873 by investors, Rio Tinto began its quest to supply the world with copper extracted from ancient copper workings in southern Spain. The
success of Spain's southern copper mines eventually caught the eye of Consolidated Zinc Corporation in 1905 which resulted in both companies to
merge into Rio Tinto–Zinc Corporation. The
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Car Title
Client Alert Global Mining and Metals Industry Group April 2013 Glencore's Long March to Take Over Xstrata First published in Mining Journal,
April 2013 At long last, Glencore has overcome the final regulatory hurdle and secured the approval of China's Ministry of Commerce
(MOFCOM) to acquire the 66 percent of Xstrata that it does not already own. But not before agreeing to part with one of the prized assets in
Xstrata's portfolio, the Las Bambas copper project in Peru. If no suitable buyer for Las Bambas is found by September 2014, Glencore will have to
auction off one of its other copper assets of MOFCOM's choosing. To clinch MOFCOM's blessing of the deal Glencore also committed to continue
offering longterm supply arrangements to... Show more content on Helpwriting.net ...
Ultimately, the Commission required the divestment of Glencore's minority stake (7 percent) in and termination of its .8 recently renewed exclusive
off–take agreement with the world's largest zinc smelter, Nyrstar, originally due to run until 2018, as conditions to approving the transaction. As part of
the deal with the Commission, struck in late November 2012, Glencore also committed not to enter into any other commercial arrangements with
Nyrstar for ten years. The clearance came despite the concerns expressed by the European Steel Association (EUROFER), whose members purchase
much of the commodity grade zinc traded in Europe for use as corrosion–resistant coatings (galvanizing) in steel products. MOFCOM took its time in
reviewing the transaction – almost twice the normal maximum statutory period allowed for merger reviews under China's Anti–Monopoly Law, which
can last up to 180 days. As MOFCOM noted in its published decision, the parties withdrew their filing towards the end of the statutory review period,
and then re–submitted the filing. This "pull and refile" effectively reset the clock on the review time line and provided MOFCOM with extra time to
review the transaction. It's to be expected and entirely legitimate for a country's competition authority to thoroughly examine a transaction that has
potentially anticompetitive impacts on its industries and consumers, and to focus on such aspects of the transaction that pose the most threat to
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Essay Ocean Carriers Case
"Ocean Carriers" case Assume that Ocean Carriers uses a 9% discount rate. 1) Do you expect daily spot hire rates to increase or decrease next year? (5
points) 2) What factors drive daily hire rates? (5 points) 3) How would you characterize the long–term prospects of the capesize dry bulk industry? (10
points) 4) Should Ms Linn purchase the $39M capsize? Make 2 different assumptions. First, assume that Ocean Carriers is a US firm subject to
35% taxation. Second, assume that Ocean Carriers is located in Hong Kong, where owners of Hong Kong ships are not required to pay any tax on
profits made overseas and are also exempted from paying any tax on profit made on cargo uplifted from Hong Kong. (75 points) 5) What... Show more
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Linn expected that Australian and Indian ore exports would begin in 2003, and that new supplies would significantly increase trading volumes.
Demand for capesizes would likely increase with these higher trading volumes, possibly boosting prices. According to Exhibit 5, we can get the
following data: | 1994| 1995| 1996| 1997| 1998| 1999| 2000| Iron ore vessel shipments| 375| 397| 385| 424| 420| 410| 440| Growth rate| | 5.87%| –3.02%|
10.13%| –0.94%| –2.38%| 7.32%| Avg. spot rate| $16,851 | $20,149 | $11,730 | $14,794 | $10,105 | $9,427 | $22,575 | Growth rate| | 19.57%|–41.78%|
26.12%| –31.70%| –6.71%| 139.47%| Avg. 3–yr charter rate| $18,250 | $18,544 | $14,079 | $16,063 | $13,076 | $12,626 | $15,344 | Growth rate| |
1.61%| –24.08%| 14.09%| –18.60%| –3.44%| 21.53%| From the table above, we can find that worldwide iron ore vessel shipments and charter rates
had been very strongly associated historically. Iron ore vessel shipments and daily hire rate changed in the same direction. Moreover, 3–yr charter rates
changed much more than iron ore vessel shipments, while spot rates tended to fluctuate more widely than 3–yr charter rates. As mentioned above,
Australian production in iron ore expected to be strong and Indian iron ore exports expected to take off in the next few years. I expect worldwide iron
ore vessel shipments to
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Bhp Billiton
Prepared For
M. Nazmul Amin Majumdar
Course Instructor
BRACU Business School
BRAC University
Prepared By
Shiab Khan (13164039)
Sanzida Parvin (13164025)
Tanzir Islam (13164087)
SK Yaishi Binte Zaman (12264035)
Ahammed Riaz(13164009)
Date of Submission: April 2, 2015
BHP Billiton Limited
Introduction:
BHP Billiton is world's largest diversified natural resources company. The company was created by the merger of two companies, BHP Ltd (An
Australian mining company) and Billiton PLC (An UK based Company). BHP Billiton has created long time share holder value through the discovery,
acquisition and development of natural resources. In the last few years, BHP Billiton has faced some governance challenges in conducting their
business around ... Show more content on Helpwriting.net ...
BHP Billiton Limited has a primary listing on the Australian Securities Exchange and BHP Billiton Plc has a premium listing on the London Stock
Exchange, with a secondary listing on the Johannesburg Stock Exchange.
Business Environment Analysis
Business environment is the sum total of all external and internal factors that influence a business. External factors and internal factors can influence
each other and work together to affect a business.
External Environment Analysis
External Environment
A company's external environment includes all relevant factors and influences outside the company's boundaries. By relevant means important enough
to have a bearing on the decisions the company ultimately makes about its direction, objectives, strategy and business model.
Components of External Environment 1. The macro environment 2. Industry structure 3. Strategic group mapping 4. Competitor analysis 5. Driving
forces 6. Critical success factors
Macro environment
Macro environment of a company consists of 6components which are commonly known as six segment analysis. These are: a) Political/legal b)
Economic c) Socio–cultural d) Technological e) Environmental/demographic f) Global
To complement the understanding of the general macro environment for commodities, it is necessary to now move to an analysis of the external
market through 6segment analysis. The elements of
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A Strategic Analysis Of Onesteel Limited
Student Name: ZUIJIA LIU Student Number: 42280099
MGTS3301 ASSIGNMENT
A Strategic Analysis of OneSteel Limited
Student Name: ZUIJIA LIU Student Number: 42280099 Tutor: Alexander Stathakis Lecturer: Martina Linnenluecke
MGTS3301–Business Policy and Strategy (A Strategic Analysis)
1
Student Name: ZUIJIA LIU Student Number: 42280099
Contents 1. Introduction.................................................................................3 1.1 Report Overview............................................................................3 1.2
Organisation Overview...................................................................3 2. External Environmental Analysis.......................................................4 2.1 Analysis
of Macro Environment........................................................4–5 2.2 Analysis of Industry Environment.....................................................5–6 2.2.1 Threat of
New Entrants..............................................................6 2.2.2 The ... Show more content on Helpwriting.net ...
Economical: Strong Australian currency affects steel manufacturing export and import (Smith 2011) Job cuts and industry shuts due to weak domestic
demand and downturn in the construction industry (ABC News 2011). Social: Changing in preference: the growing availability of alternative
materials may replace steels such metallic glass (Vieru 2011). Skilled worker shortage in Australia (BusinessSpectator 2012) Technological: With the
development of steel industry, new renewable resources are required due to nonrenewable resources will be less and less such as iron ore and carbon
(Szargut, Ziebik & Stanek 2002) Environmental: Steel Industry has impacts on air quality due to the emissions, which may lead climate change.
Environmental pollution requires steel business to reduce the emission in order to develop a clean energy future by advanced technology. Water
saving issue. (Costello 2011) Legal: Changes in taxation regulation such as the federal government passed 30% tax on iron ore and coal mining profit
(Scott 2012).
Among those external aspects, four factors should be addressed which are political, economical and environmental. From the political perspective, the
federal government offers this assistance to adapt and modify steel business models, which to ensure long–term
MGTS3301–Business Policy and Strategy (A Strategic Analysis)
4
Student
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BHP Billiton Strategic Report
BHP Billiton is an Australian based global company created in order to source and mine natural resources. These resources include copper, iron ore,
coal, uranium and nickel. BHP also claims to have "substantial interests in oil and gas" (BHP Billiton, 2015).
In order to have continual future growth, BHP has taken the growth of climate change into consideration when planning for the future. According to the
2014 BHP Strategic Report, BHP is focused on "reducing our emissions, increasing our preparedness for physical climate impacts and working with
others, including industry and governments, to support effective responses to climate change." (BHP Billiton, 2015)
The stability of BHP is crucial to meeting future objectives, as the company needs ... Show more content on Helpwriting.net ...
According to the 2014 BHP Strategic Report, BHP is focused on "reducing our emissions, increasing our preparedness for physical climate impacts and
working with others, including industry and governments, to support effective responses to climate change." (BHP Billiton, 2015)
The stability of BHP is crucial to meeting future objectives, as the company needs to be able to be financially stable in order to be accountable for
both current and future monetary agreements. Company resources are also crucial to BHP's future objectives as the business cannot grow or reach
goals without these. As BHP produces necessary commodities for many parts of the world, the economy and its growth are an important factor in the
external environment of the company.
BHP Billiton's attributes include values such as sustainability of the environment and communities, respect, simplicity by focusing on certain aspects of
the company, and accountability. BHP Billiton employs over 123,000 workers across the world in twenty six listed countries. BHP also requires
workers in the general areas of marketing, administration/finance, health and safety, as well as specific fields including geoscience, mining, petroleum
drilling and copper exploration. Depending on the position, BHP requires a completed degree for their highly sought after graduate
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China 's Steel Products Export Situation
China exported 5564700 tons of steels to Korea, down 60.10% year on year. The proportion to total steel export volume was 22.62%m down 0.94%
compared with 2008 (Cheng, 2009). In 2009, among top 10 countries to which China exported steels, the ranking of Vietnam, India, Thailand and
Singapore ascended, compared with 2008. America and United Arab Emirates with sharp rise in the export volume fell to the 4th place and the 9th
place in 2009 from the 2nd place and the 5th place in 2008. Indonesia and Iran decreased by 7.89% compared with 2008, due to small year–on–year
decline range of export volume (Huan, 2014). 2.4 Problems of current China's steel commodity market
In recent years, China has also made considerable progress in steel industry. China has become a big steel country, but not the power of steel. Both
China's steel products export situation and raw materials import situation are not optimistic. The main problems are as follows:
(1) Trade friction
Trade friction has increasingly heated up. Since the surge in export of Chinese steel and the over–concentration of Chinese steel exporting countries
and regions, China 's steel industry has become the focus of international trade protection and remedies. At present, China 's steel exports are mainly
concentrated in South Korea, the United States and the European Union, this tripartite steel exports accounted for nearly half of the exports. This
exacerbated the friction between China and these countries and can also cause
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Global Economy Is Finally Stabilizing Following The Global...
The global economy is finally stabilizing following the global financial crisis and Great Recession. Our base–case outlook for average annual real
growth between 2015 and 2020 is between 3 and 4 percent Lower global commodity prices are an important factor supporting stronger economic
growth. Although economies that are dependent on commodity exports may suffer, lower input prices for industry as well as lower fuel prices for
households will provide a boost to aggregate demand and global growth. We expect emerging economies to continue to grow by more than 4 percent
(contributing $16.2 trillion to global growth through 2020 at market exchange rates), while the growth rate of advanced economies is forecast to
exceed 2 percent (contributing $13.5 trillion through 2020) for the first time since 2010. The United States is leading the recovery among advanced
markets, and we expect the country to be a significant contributor to global growth through 2020. However, we anticipate economic performance to
continue to diverge within both the emerging and developed market groupings based on key policy choices, as governments grapple with structural
reforms in the context of reduced fiscal and monetary stimulus. In this regard, strong leadership and bold government actions will determine whether
national economies can escape from the new mediocre of stable but low growth. Australia resources industry (BHP) Australia has a rich haven of
resources in the oil, gas and energy industries.
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Descriptive Essay : Old Diamond
Old Diamond waits patiently to be hitched–up to the wagon. Six days a week, if the weather is cooperating, I hitch Old Diamond for the thirty to
forty–minute ride from the family farm to the Iron Mine and the seventh day, he goes to church. If the weather is bad we have a corral for Old
Diamond at the mine and extra room off the office for me. I wasn't thinking when I hitched up Old Diamond this morning. When we left and were
down the road a piece I noticed I left my coffee cup on a fence post. That 's happened twice this week. Remembering, I have freight at the train
depot I need to pick up, on the way I'll swing by Swansson's Creamery and grab a quick cup. It was early April. I am Sven Johan Svensson, the age of
nineteen, the older of... Show more content on Helpwriting.net ...
It's time to go, I don't need coffee this bad. I lifted my right foot to leave and the man turns and grabs my arm. Mister, "are you in such an all–fired
hurry to leave?" "Can't you wait a moment for the answer to your question?" Sven, "sorry to trouble you" He, "You haven't heard?" Sven, "haven't
heard what?" "Do you know the owner "Swanson?" Sven, "Yes, he's a friend of mine." Well, your friend is selling his creamery." Sven, "What?" "Who
bought it?" "I don't know." "Say, aren 't you Svensson that own's the mine?" Sven, "That would be me." "Are you still going with Swansson 's sister
Hilma?" Sven, "off and on." "We 're just friends." "Off and on" "what's that supposed to mean?" Sven, "It means, whenever Hilma is in needs of a
partner she looks me up. It's no big deal. "That doesn't seem to bother you much." Sven, "No, not at all." I can tell by the look on his face, he's working
up to something. Sven, "Are you trying to rile me?" "Are you still set on her." Sven, "Mister, do you have a name?" "Troy Burgess." Sven, "Well Mr.
Troy Burgess, Hilma is standing over across the room, go talk to her." Troy, "I don't need your permission Svensson, If I want her bad enough, I'll just
take her." Sven, "Troy, my day didn't start the way I wanted. First, "I forgot my coffee cup on a fence post." "I only stopped for a cup of coffee and say
"hi" to my old friend "Swansson." Second, "My biggest mistake was asking you a simple question." And to answer your
... Get more on HelpWriting.net ...
How developed is Brazil?
How developed is Brazil?
BRAZIL Economic
A Case Study of:
– Developments in two contrasting regions of a country (South East / Amazonia / North).
– Strategies used by a government to improve the economy (in a developing country).
– Exploitation of new resources within a country.
– Impact of economic / industrial development on the environment of a region or country.
Setting the scene – How developed is Brazil ?
Brazil, alongside Mexico is considered one of South America's newly industrialising countries.
GRAPH
Main exports
Metallic ores, coffee, fruit, chemicals, machines, weapons
In 1991 Brazil had a debt of $123 billion.This is owed to the USA, the
EEC, Japan ... Show more content on Helpwriting.net ...
Prices for Brazil's exports fell on the world market (coffee, other food items).
5. The International Monetary Fund has pressured Brazil to change the economy – gave government targets to reduce government spending and
borrowing (called Structural Adjustment Policy)
Pressure: debt repayment forced exploitation of natural resources:
– The rainforest
– Fast flowing rivers
– Mineral wealth beneath the surface e.g gold, iron, bauxite, copper, manganese
– Land available for creating estate farming cash crops
Issues facing Brazil in late 20th century:
Interest rates have continued to rise ––––– Brazil has paid it's debt many times over. Poor have continued to get poorer and poorer. Brazil finds it hard
to produce the food it needs as it is taking up any growing area with cash crops and making products that suit other countries' needs. The industries
that there are have slumped and there are very few jobs to go around. Each product that they make can be bought more cheaply elsewhere, so their debt
increases as their products decrease.
What strategies are the government using to boost development ?
The government has set up several new schemes.
1. Trans Amazon Highway (interior on west– east axis). Built in 1970's. Designed to open up Rondonia state.
2. New network of motorways interconnecting the cities on south (South East region)– eastern coastal strip: multi lane highways. This
... Get more on HelpWriting.net ...
Overseas Countries Trends Used Of Such Products Or...
Selected overseas countriesTrends in use of such products or services
Overseas country 1: China
China is evenly switch from an industrialized based development measure and export attend economy to a consuming attend retrenchment with a more
tenable development rate. This user target need less value exhaustive manufacturing. With an increasing average stylish China and raising urban
population there is developed demand for a fresh environment system and increase feature of life. Afterward the importunity for coal and another
material resources has experienced an accelerated lessening. This flow has an abundant effect on the worldwide economy and especially Australia
based on historical of China grand balances of reliance on their capability exports.
Overseas country 2: Japan The related between Japan and Australia, particularly in relationship to theiron ore manufacturing, has been its that has
looked forward a switch from antagonism in market in 1930s and began expensive in market since 1960s. Japan is approximately below par graced
with mining raw materials, as examine in contrast with Australia minerals. Therefore, both of them have an essential economic correspondent.
Throughout the time Japan had a voracious worldly goods for substantial for commercial enterprise, Australia wanted to accept finished manufacturing
things from Japan. This interconnected related has allowanced both Australia and Japan to take a pleasure in raw material of economic development
over the
... Get more on HelpWriting.net ...

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Rio Tinto Case

  • 1. Rio Tinto Case Rio Tinto is a leading international mining company famous for its iron ore. According to the Chief executive Tom Albanese, despite continuing global economic uncertainty and volatility, Rio Tinto will still generate strong margins despite falling prices, reflecting the low cost nature of their businesses and their first – rate operational performance. (Rio Tinto Media 2012, pp2) .This article will be divided into three parts. Firstly, the main data of financial statement will be illustrated via a table and this writing will analyse the data to see the financial state of the Group. Secondly, this paper will discuss the attached article and other information. Finally, the decision whether investing Rio Tinto in themining industry will be ... Show more content on Helpwriting.net ... Firstly, although the situation in 2011 is not as satisfactory as 2010's, there are a lot of phenomenon shows that Rio Tinto is sparing no effort to cope with the problems of spending and saving in its financial status and the information above proves that the entity has made great progress about these problem. Secondly, the industrialization of Asia, particularly China, will push Rio Tinto to go further in the future. Finally, the firm also takes environment into consideration and is not just putting emphasis on economic interest, which is a good performance to looking at the long–term development in the future. Reference: Atrill, P, McLaney, E, Harvey, D, Jenner, M 2008, Accounting: an introduction, 5th ed, PEARSON, Australia, pp191 Christie, V, Mitchell, B, Orsmond, D, & Van Zyl, M 2011, 'Theiron ore, coal and gas sectors', Reserve Bank of Australia Bulletin, March Quarter, pp. 1–7. Neculita, CM 2010, 'Mine–impacted water treatment – how the bottom line can be raised?', International Journal of Mining, Reclamation and Environment, vol.24, no.3, pp.193–194 Roberts, G 2012, Rio Tinto slashes jobs and costs, viewed 28 October 2012, ... Get more on HelpWriting.net ...
  • 2. Fortescure metal group ltd Essay Executive summary The research group has undertaken an analysis of Fortescue Metal Group Limited ('FMG'). The analysis consists of two parts. Part 1 includes a macro economic analysis which reviews FMG's economic environment and how this impacted on its performance during the years ended 30 June 2008 to 30 June 2012. During this period FMG's performance was primarily driven by an overall increase in the price of iron ore, underpinned by higher levels of demand for this product from China. It is considered that continued demand for iron ore by Chinese steel producers and continued growth in China's gross domestic product ('GDP') is likely to support the forecast iron ore price of USD120 per metric tonne ('mt') and result in future ... Show more content on Helpwriting.net ... FMG financial report for the year ended 30 June 2013, page 8. 3 . Ibid page 47. Revenue on sale of iron ore was, USD6,479m. Total revenue was USD6,681 and included shipping revenue. 4 http://www.rba.gov.au/publications/smp/2012– RBA 'Statement on monetary policy' (August 2012) page 6 'In general, the spot price for iron ore has tended to move in line with developments in Chinese industrial production and steel production'. 5 http://www.indexmundi.com/commodities/?commodity=iron–ore&months=60 – webpage provides spot price data sourced from The Steel Index and the IMF. 6 IBIS World 'B0801 Iron Ore Mining In Australia industry report', May 2013, page 5. 'Demand for iron ore is closely tied to steel production and trends in economic growth that drive global demand for steel.' 7 http://www.oecd.org/sti/ind/OECD%20May12%20Summary%20%20Iron%20ore%20doc%20%283%29.pdf– OECD report on the iron ore market in 2011. At page 4 it is noted that China represented approximately 59% of total world imports for iron ore. 2 2 historically high levels, they are expected to decline in the medium term.8 However, the price of iron ore has been forecast at around USD120 per mt
  • 3. out to 2018.9 During the year ended 30 June 2012 FMG shipped ... Get more on HelpWriting.net ...
  • 4. Bhp Billiton And World Biggest Natural Resources Organisation Introduction BHP BILLITON is established and world biggest natural resources organisation. This company is working in 25 countries across the world. BHP BILLITON is one of the top industries for producing aluminium, energy coal, metallurgical coal, copper, uranium, iron ore, oil, gas, diamonds. Head office of this organisation is in Melbourne, Australia. пЃ¶BHP BILLITON also provided steel for Sydney Harbour Bridge. BHP BILLITON is also a part of the first Military Aircraft in Australia. (Edumine, 2015) пЃ¶BHP BILLITON stayed on top in progress of gas and oil. It emerged highest scores in 2014 and 2015. (Disclosing annual report, 2015) пЃ¶In 2005 BHP BILLITON became second largest copper producer and third largest nickel producer. Background of the organisation BHP BILLITON is merger of two companies. First one is BHP (Broken Hill) was formed by Charles Rasp in western New South Wales. BHP started their business with mining of silver and lead. Second one is Billiton used to abstract tin in mid–1800s. BHP was largest zinc producer but when these came to less profitable then David Baker gave advice to established steel making in Australia. Established steel industry was the milestone in Australia. BHP also started manufacturing ships and they launched first ship in 1941. In 1960, Australia had no oil and it was huge disadvantage in cars, trucks. BHP discovered natural gas in 1965 and oil in 1967. Billiton expands its operati on by establishing the raw material process to produce ... Get more on HelpWriting.net ...
  • 5. A Report On Anglo Multinational Company 1. INTRODUCTION: – 1.1HISTORY OF ORGANISATION:– BHP Billiton is Anglo–multinational company dealing out with mining, petrol products and metals, where its head quarter is been located in Australia. The merging of both the company was done in the year 2001. Before merging both companies were carrying out their private business. BHP an Australian company in year 1885 was formed under the name of Broken Hill Proprietary Company, mainly dealing with petroleum, mining and steel. Along with that the company was participating in the invention, producing, and marketing of natural resources like iron ore, coal, copper, oil and gas, diamonds, silver, lead, and zinc, and also did business like transport and logistics, corporate services. Furthermore, Billiton a company of Netherland was named under an island known as Tin–rich was developed in 1860 and became part of Royal Dutch/Shell group in 1970. Billiton was a global leader in mining of aluminum, steaming coal, nickel and growing copper portfolio. 1.2COMPANY STRUCTURE:– BHP Billiton is divided into 7 business units, Aluminum, Base metal, Stainless steel materials, Petroleum, Carbon steel materials, Energy coal and Diamond specialty products. Along with these BHP Billiton possess a mineral discovering group, technology, freight transport and logistic operations. 1.3COMPANY SCOPE:– To maintain safety and environment policies, integrity, high performance, win–win relationship and respect of each and other companies. The ... Get more on HelpWriting.net ...
  • 6. Case Analysis Of BHP Billiton Company BHP Billiton Company is formed after two companies; BHP limited and Billiton Plc are combined together. BHP Billiton central headquarters situated in Melbourne, Australia and London, United Kingdom. BHP Billiton is a multinational mining company that yields natural resources from earths center. (The BHP Billiton Group is the world's biggest enhanced asset extraction aggregate. "Patricia") The company major resources are coal, copper, iron ore, petroleum and potash. (BHP Billiton is supposedly the world's biggest asset organization; it is included not just in the generation of vitality and metallurgical coal additionally aluminum, copper, nickel, silver, titanium, uranium, oil, and gas. "Hans")Over the years, the companies have slowly become more aware of its environment. (We call attention to that the timing of this was reliable with very much hailed top in ecological mindfulness inside Australia that BHP was clearly not able to consider. 'Dallas") Strategies have been introduced in ways to protect the environment (BHP required an alter in key course so it gets to be mindful of a more extensive conceptualization of its corporate way of life as being 'mining in connection to earth ... Show more content on Helpwriting.net ... This is to set targets and emplacement projects to reduce impacts on water resources. This target recognizes the local regional context of water and allowing operations to annually review and define the necessary projects that will best address the material water risks. For example onshore, shale, safeguarding and managing environmental resources. (the issue of mining effect on water assets, dependably a noteworthy sympathy toward ranchers, has strengthened with the development of CSG penetrating in the area. Agricultures contend that CSG operations are a noteworthy risk to country geretaion in light of the facts that they disturb and decimate the common frameworks that support life in situ. ... Get more on HelpWriting.net ...
  • 7. Communication Plan For Fortescue Metals Group . EXECUTIVE SUMMARY This communication plan for Fortescue Metals Group (FMG) is specifically devised to support FMG in engaging with their internal stakeholders. All stakeholders take part in an important role in the corporation; however by using a strategic approach to internal communication, a proactive strategy for long–term business success with internal employees will be created. This will ensure a reinforcement of benefits, highlight key elements, and present specific issues that need to be taken into consideration. Furthermore the process of planning and measurement of the internal communication strategy will take place. Communicating effectively with stakeholders is critical to refining productivity within a corporation and generally occurs once the stakeholders understand the intended message that FMG has specifically constructed tailored to their needs, wants, facts, etc. This internal communication strategy will deliver a concentrated plan to communicate FMG's vision; it's mission, values, and goals and clearly communicates why stakeholders are such a huge mechanism that drives the business. Gaining understanding from FMG's employees will be communicated most efficiently via formal two–way internal communication methods that support FMGs strategies as well as the consistent messages being conveyed externally. 1.1 The benefits The objective of this strategy is to promote and nurture a strong interaction within the corporation by creating a two–way ... Get more on HelpWriting.net ...
  • 8. India 's Impact On Natural Resources Abstract India has been known for many things but recently it has had a shortage in natural resources. Mining is one of the shortage and finding a place to mine goods. The resources that help people be employed. The amount of mining that could be brought in. When you think of India you think of all the different cultures that are involved in India. India has a great history and is known for the vacationing and any sort of dreams you want to imagine. India also helps with making natural resources brought to the United States and to other places. We sometimes take the places that gives us the resources we need. When did the problems start? How is affecting the surrounding areas? When we think of all the problems that the ... Show more content on Helpwriting.net ... The illegal mining has also made matters worse. They lost around 1.86 trillion which is about 100,000 crore. After this happened they had cases brought on all of them including Jindinal Steel & Power and Hindalco and some other companies (businesstoday in). The shortage in this problem has left supervisors to work and be in charge of themselves (Human Rights Watch). "The mining can cause immense damage when a government doesn't supervise it all", said Meenakshi Ganguly, who is a director the South Asia Human Rights Watch. India's government has failed to make sure that over 2,600 operations have been ensured. The problem seems to be in the southern part in a town called Goa which is where all the illegal mining is happening to my understanding. How is it affecting the surrounding areas? Mining is resulting in erosion all around, which can create in sinkholes which can be problems for cars and peoples. Another problem is it can cause water contamination which can harm animals and people. Bad mining can cause fire which can burn for decades which can cause pollution. The inhalation from the coal dust can cause black lung disease (BOLOji). Thousands of mine accidents every year which is crazy. Why would a person want to work in such a dangerous place? I guess they want to work where they feel like they belong and they can have a career and they can make sure they can get ... Get more on HelpWriting.net ...
  • 9. Fortescue Metal Group Strategic Analysis Essay Allocated firm: Fortescue Metal Group Memorandum DATE: Monday 23 May, 2010 TO: The Board of FMG FROM: Truman Chun Wai , a senior financial officer SUBJECT: Future growth strategy analysis Dear the Board, I am glad to present to you the future growth strategy analysis report for Fortescue Metal Group. This report had been prepared requested by the Board. The content of this report concentrated on evaluating the performance of Iron Ore Mining and providing a recommendation of any potential financial justified growth strategies for the next strategic planning horizon (3 years). Should you have any inquires in regard to this report, please do not hesitate to contact me. ... Show more content on Helpwriting.net ... Research summary 1) Economic overview There are three major economic factors that have combined contribution to FMG's growth over the past 5 years, including the strong AUD , the amazing export feature due to the Chinese boom which drives up the commodity price and the interest rate decision by RBA. Australia dollar has appeared strong for the past 5 years and maintained at $6–$6.8 level for AUD/CNY at most time. It promised a high level of foreign income for Australia exporter. In 2009, China demanded almost 60% of the world's iron ore to produce 47% of world's steel production. It contributes the most to the price rocket from $31.78 to $180.6 US cents/mts in 5 years time. In addition, Australia borrowing cost remains high over the past few years which may alter the finance decisions of FMG. 2) Industry overview
  • 10. The seaborne iron–ore industry is very competitive globally. The company has to compete in both domestic and international markets, facing domestic competition from BHP and Rio Tinto along with international competition from CVRD. In order to gain market share, FMG has at least 10 contracts with Chinese steel companies at a bellowed–market price. In early 2010, the big three ore miners, BHP in particular, have been pushing for a renovation of the annual system, arguing that shorter–term pricing would be fairer. 40–year tradition ... Get more on HelpWriting.net ...
  • 11. International Business Group Assignment: BHP BILLITON International Business Theory & Practice (MGF 5966) Lecturer/Tutor Mr. Sharif Rasel Name & ID Junaidul Haque – 263 512 50 Dalaphone Phengrattanavong – 266 785 94 Girish Balar – 274 718 53 Maike Nan – 263 994 90 Due Date – Week 11 Introduction BHP Billiton, which is Broken Hill Proprietary Billiton, is an Anglo–Australian multinational mining and petroleum company. BHP started its operation in Melbourne in 1885 which is one of Australia's largest and oldest companies, and it focused on development, discovery, production, and marketing of natural resources. In value–added flat steel products, BHP was also a market leader. In 1860, Billiton was established in The Hague,... Show more content on Helpwriting.net ... Meanwhile, the CSR activities create communities a trustworthy of the organization by contributing benefit for society. For example, BHP Billiton has been a part of communities which made the grant to ANDA project to help vulnerable and displaced people in Colombia. The company also invested $13.4 m in the five rivers conservation project. This will create secure, lasting conservation position for the land and make an endowment for the long–term management of the property in Tasmania, Australia. Those projects have assisted human perception to think positive regarding the organization. In addition, BHP Billiton works to improve risk profile by enhancing the identification and management of health, safety, society and environment risks. The company has shown a reduction of 5.7 % in potential employee exposures to carcinogens and airborne pollutants. It is their sustainability focus on people to maintain people and operation safe, concentrate on people health and well–being as well as developing their employee. Thus, it is a motive
  • 12. for the BHP Billiton's employee to bring up the innovation. Apart from that, BHP Billiton also developed a code of business conduct by initiated land and biodiversity management plans for all of its operations as these included controls to prevent the damage of the environment and compensation influence to biodiversity and ecosystems services. With this plan, the firm has created the value of ... Get more on HelpWriting.net ...
  • 13. Bhp And The Global Mining Industry BHP is a top producer in the global mining industry with sales of $44 billion and operating in 25 countries. The current influences that may affect BHP's profit and how it is run are globalisation, technology, cost–based competition, and government policies as priorities. BHP needs to focus on technology and globalisation, as they are key factors and influences that may affect the business greatly as they are directly linked with BHP and its operations processes. Description and Legal structure BHP Billiton is one of the top producers of iron ore, metallurgical coal, copper and uranium, while also interested in oil, gas and energy coal. Extraction and processing of the minerals, oil and gas operations are located primarily in Australia and the Americas. BHP runs under a Duel Listed Company structure with 2 parent companies; which are BHP Billiton Ltd and BHP Billiton Plc. These are operated as a single entity and are run by a board and management. The global headquarters for BHP is Melbourne, Australia. BHP's revenue was over $44 billion in 2015 with over 65,000 employees in 2016 and operating in 25 countries. Influences Globalisation Globalisation is the high degree transfer of capital, labour, intellectual capital and ideas, financial resources and technology. It includes the removal of trade barriers and increased integration between countries and companies around the globe, which means BHP can operate in more countries, transfer goods between the countries and in ... Get more on HelpWriting.net ...
  • 14. Importance Of Being At The Right Place Being at the right time at the right place: "How to benefit financially?" By some estimates, the total number of human beings that have ever lived is about 110 billion, of which approximately 7% are alive today. The world population keeps growing every year, so, statistically, you might say more humans have a chance of being at the right place at the right time than at any given time before, right? Yes and, uh, no. Statistics and big numbers have a powerful way of suggesting the wrong answer. Merely because more people play the lottery certainly does not mean your chance to win increases; only the total amount the winner will take away increases. That is of course unless we change the rules of the game itself. So, what does it ... Show more content on Helpwriting.net ... You might have heard of him. Andrew saw a huge opportunity while working for the railroads, expanding tracks West and South from Philadelphia, Pennsylvania. Rail tracks and bridges were needed in great numbers all the way to the West Coast. A new, much more efficient process to make a stronger iron had just been invented by Henry Bessemer in the United Kingdom and Andrew Carnegie saw an enormous opportunity in making this new iron called steel from Pittsburgh, Pennsylvania, close to the iron ore mines and rivers for easy transport. But, the most important factor in deciding to start this business was a law adopted in 1870 supported by the Republican Party, which had the presidency and a majority in Congress. The law was a $28 tariff on imported steel, basically taking out the British competition in one stroke. The tariff was upheld for a good 30 years. You may or may not favor laws like this one, but it is beside the point: it was a Ka–Ching moment for Andrew and the other eight steel companies in the United States. They essentially got a license to print cash for themselves. Their timing was right. The rest is history. Andrew Carnegie went on to become one of the wealthiest men ever... only to give it all back to Society. The thinking behind his philanthropy was that he had been given a huge opportunity, largely by the good fortune of being at the right time and the right place. Of course, there is more to it than ... Get more on HelpWriting.net ...
  • 15. Case Study : Oxley Metals Limited Essay 1.Overview of allocated company Company Name Centrex Metals Limited (CXM) Ranking in ASX – Location of the business headquarters L 11 147 Pirie St Adelaide, South Australia 5000 Australia Size of the company (market capitalization) Market capitalization is calculated by the shares outstanding times share price, indicating the total market value of company equity. 20,190,000 Number of employees 12 Number of branches/stores There are mainly four projects: Oxley Potash Project(WA), Goulburn Polymetallic Project (NSW), Gundaroo Gold Project(NSW), and South Australia Iron Ore Portfolio which includes Wilgerup Hematite Iron Ore Project, Port Spencer Joint Venture, Eyre Iron Magnetite Joint Venture and Bungalow Magnetite Joint Venture. Business/industries it is involved in Centrex Metals Limited is a public iron ore mining company, which was found in 2001. This Australian company specializing in iron ore mining and exploration, which has its own operation and tenement holdings over iron ore resources. Their targeted iron ore resources are mainly in Eyre Peninsula located in south of Gawler Craton, South Australia; and they have been expanding their projects over Australia that are classified as Potash, Base metals and Gold exploration. They have been cooperating globally to expand their business. Centrex Metal Limited has been switching their business goal from iron ore over–exploration to diversify their products in order to lower its portfolio risks and their business
  • 16. ... Get more on HelpWriting.net ...
  • 17. Similaritys And Dissimilarities And Similarities Between... There are a lot of similarities and dissimilarities between India and Brazil when it comes to culture which are as follows: Similarities: Both, India and Brazil, were colonies of the European nations for a long period of time. While India was ruled majorly by the British, Brazil was under the reign of the Portuguese. The Impact was that the official language of these imperialists became the main dialect of the ex–colonies i.e English in case of India and Portuguese for Brazil There has been rage over one particular sport with the entire nation being obsessive about it. It's Cricket for India whereas it is Football for Brazil India is the second largest producer of tea in the world whereas Brazil is the number one country in terms of production of coffee. So, both the nations hold major stake in the beverage industry Both the countries have huge income divide between the rich and the poor with the former being excessively rich and the latter being deprived of basic amenities to lead a healthy and wealthy life Festivals are an important part of the culture of both the nations. While, Brazil receives plenty of tourists from around the globe for its Carnivale that happens every year, India has its fair share of international presence with festivals like Holi and ... Show more content on Helpwriting.net ... It has timber forests and mineral resources such as quartz, diamonds, chromium, iron ore, phosphates, petroleum, mica, graphite, copper, gold, bauxite etc. When it comes to agriculture, Brazil boasts of production of sugarcane, corn, potatoes, cocoa, peanuts, pork, soyabeans, oranges, cotton, tomatoes etc. The Amazon rainforest, majority of which lies within Brazil's borders, is the habitat of all plant species and contributes 15 per cent of the world's oxygen. It is also an important factor in the global climate equilibrium and hence, biodiversity is one of the biggest natural assets that provide an edge to Brazil in comparison to other growing ... Get more on HelpWriting.net ...
  • 18. Rio Tinto : The Leading Mining Groups Rio Tinto is one the leading mining groups in the world whose main focus is to find, mine and process the Earth's mineral resources for different benefits both domestic and international. It is in its true essence a mining and metals' company. It has its operations in more than 40 countries expanding across 6 continents and has an employee base of around 66000 in 2014. (RIO TINTO, 2014) Its strongest representation is in the North American and Australian territory though it also has its bases spread over in Asia, Europe, South America and Africa. It has its main headquarters in the United Kingdom and the Rio Tinto group is comprised of two companies: Rio Tinto plc в€’ a London and New York Stock Exchange listed company в€’ and Rio Tinto Limited, which is listed on the Australian Securities Exchange. Rio Tinto claims that because of their global presence and with their expertise in technology and marketing it enables them to supply a quality and right product at the right time. (RIO TINTO, 2014) Their vision is to be a company that is admired and respected for delivering superior value, as the industry's most trusted partner. Their operations give them the opportunity to create mutual benefit with the communities, regions and countries in which they work, and their metals and minerals are transformed into end products that contribute to higher living standards. (RIO TINTO, 2014) Its major products are aluminum, copper, diamonds, gold, industrial metals, iron ore, thermal and ... Get more on HelpWriting.net ...
  • 19. Port Hedland: Mining Iron ore Port Hedland Political Factors: The founding and orientation of this town is towards mining iron ore. The coastline near the area of Port Hedland had been explored in the 1700's by Captain Peter Hedland, of which the town was named after. He was one of the first Europeans to explore the region to develop an export port due to its natural harbor. "Peter Hedland arrived in the area in April 1863 onboard his boat, Mystery that he had built himself at Point Walter on the banks of the Swan River. He named the harbour Mangrove Harbour and reported that it would make a good landing site with a well protected harbour and that there was also fresh water available." (Hardie 1981) Near the harbor of Port Hedland was built a beach front immigration detention facility that housed immigrants first made in 1991. People labled as "Boat People" thought of Port Hedland as a good place to seek asylum and were soon deported after the immigration facility was put into effect. Presently due to the demand for housing and an increase in iron ore production, it closed down the facility in 2004 and used it to house iron ore workers. Economic Factors: Port Hedland is rich in iron ore mines, livestock, and has a natural harbor that is used to export iron ore. The main export of Port Hedland is iron. Before the dredging of the channel in 1986, the highest amount of iron ore that could be exported per vessel was 2,000 tonnes. Now it can accommodate ships with a capacity of up to 250,000 ... Get more on HelpWriting.net ...
  • 20. Iron Ore: Important To Australia's Economy Australia's iron ore are very important to Australia's economy. In a single year Australia's iron ore mines produce more than 660 million tons of the ore, that is about 75 billion dollars in export revenue. This makes iron ore one of the largest exports in Australia. Not only do iron ore exports make money in Australia the iron ore industry also pays more than 10 billion dollars in taxes and royalties each year to the Australian government Iron comes in many forms including cast iron, galvanized iron, steel, stainless steel and tool steel. Each of these different forms of iron have different components (all including iron)and different properties and different uses. Cast iron is made up of iron + up to 5% of carbon and occasionally 1–3% of silicone. Cast iron main properties are that it is hard, brittle and it rusts easily. Cast iron is usually mostly used to make or form components of camp ovens, engines, cylinder blocks and woks. Steel is another metal made from iron and less than 1% carbon. The advantages of steel is that it is hard, strong and malleable and this makes steel perfect for uses such as buildings, machinery, transportation, cans and containers and household appliances. The first uses of iron is about 6000 years ago people would make tools, weapons and ornaments ... Show more content on Helpwriting.net ... but iron is found most heavily in the earth's crust. It is found so much in the earth's crust that it makes up to 5% of the weight of the earth's crust. Iron is known to be one of the main elements of the earth's core. Iron is found on the surface of the earth in soil in low concentrations. Iron is rarely found in pure forms iron is usually found combined with nature. Iron ore are the most common ways to find iron for distribution. the main iron ores are hematite or ferric oxide (Fe2CO3), taconite or an iron silicate and magnetite or ferrous–ferric oxide( Fe3O4), iron pyrite or iron disulfide, ... Get more on HelpWriting.net ...
  • 21. Bhp Billiton Ltd Essay 1.1 Introduction 1.1.1 BHP Billiton Company Background BHP Billiton Limited was founded in the year 2001 as a merger between Australian Broken Hill Proprietary Company and the Anglo–Dutch Billiton Plc. BHP Billiton is a dual listed company and well known as the leading global resources and the largest mining company in the world measured from its revenue. The headquarters is in Melbourne, Australia and a major management office in London, UK. They have more than 100,000 employees and contractors across the 25 nations. BHP Billiton is the major producers of commodities namely energy coal, aluminum, iron ore, minerals, copper, manganese, uranium, nickel, and mining in oil, gas, and diamond. They have more than 100 mining and ... Show more content on Helpwriting.net ... Their main focus is to create effective strategic framework that capitalizes on the strong market consumer direction, cash optimization from their assets, and maximizing their financial strength. By doing so, the company not only becomes effective, but also efficient and furthermore, it strengthens their business position in the global market. The other strength of BHP Billiton is their development expertise. Development expertise refers to professionals that are formed to be R&D (Research and Development) division, which their duty is to develop new products to meet the market demands and give the best products for the clients. Hence, it is their competitive advantages that distinct them from their competitors. Furthermore, with the diversity of their products, they are able to mitigate their productions easily to other countries / nations since their productions are well distributed over the world. Additionally, BHP Billiton is able to tackle all the possible challenges from their competitors by implementing effective strategies and approaches. This particular strength is considered as the most powerful ability of BHP Billiton that can help them to maintain their performance in the business and guard their crown over the competitors. Weaknesses As BHP Billiton has become a giant company in the industry,
  • 22. ... Get more on HelpWriting.net ...
  • 23. Indian Steel Industry INTRODUCTION Indian Steel Industry India's economic growth is very much dependent upon the growth of the Indian steel industry. One of the major indicator of economic development has always been the consumption of steel. Steel is an essential element in sectors such as housing, construction and land transportation, special steel's use is growing in engineering industries such as power generation, petrochemicals and fertilizers. India is at the central position on the global steel map, with the establishment of new steel mills, continuous modernization and upgrading old plants, improving backward integration and energy efficiency. Steel production in India has increased by a compounded annual growth rate (CAGR) of 8 % over the period 2002–03 to 2006–07. Growth in India is subjected to be higher than the world average, as the per capita consumption of steel in India, at around 46 kg, whereas the world average (150 kg) and that of developed countries (400 kg). Indian demand is projected to rise to 200 million tonnes by 2015. Considering the strong demand scenario, most global steel players are aiming for a major expansion, either through Brownfield or Greenfield route. By 2020, steel production capacity in India is expected to touch 275 million tones. Greenfield projects and Brownfield projects are estimated to add 28.7 million tones and 40.5 million tones respectively to the existing capacity of 55 million tonnes. The growing consolidation in the steel industry ... Get more on HelpWriting.net ...
  • 24. Essay on BAOSTEEL negotiating a cross-shareholder alliance Doing business internationally and globally, Seminar 2. 1. What is the strategic position of Baosteel and what are its motives for negotiating a three–way cross border, cross–shareholding alliance? Strategic position of Baosteel: Leadership and competitive position. Baosteel is the largest and most profitable steel–maker in China. Baosteel emerged as a catch up strategy based on those pillars: integration, internationalisation and diversification ( haarde laiendamine) Baosteel had to integrate, both horizontally and vertically, in order to increase production capacity while better controlling for key elements of the value chain. For integration Baosteel completed series of domestic acquisitions. In order to upgrade... Show more content on Helpwriting.net ... 2. How does a cross–shareholding alliance differ from a merger or a simple strategic alliance based upon co–operation? In cross–shareholding alliance the companies own stocks in another company and decisions should be made together. Both firms are still independent In merger: The combining of two or more companies, generally by offering the stockholders of one company securities in the acquiring company in exchange for the surrender of their stocks. Two companies become one, decison is mutual. They are not idependent anymore Simple strategic alliance is an agreement between those companies to pursue a set of agreed objectives while remaining independent. They provide such ressources like: products, project funding etc but donВґt own eachothers shares. Posco owned 1% from NSL AND NSL 3% from Posco 3. What are the risks to each company in the alliance? Are there risks to the shareholders of the company? Do you think a three–way merger is possible? Risk to company: More inluence, independency– loss. Risk of losing control, Loss of operational contol Image influence, Decisionmaking is together When each company tries to be too competetive Partner experiences financial difficulties Hidden costs Information leakage Baosteel and Posco : Each company agreedto invest US125 million to acquire a stake in the other, with this stake being less than 0,5 % As of July 2001, ... Get more on HelpWriting.net ...
  • 25. Strengths And Weaknesses Of Steel 2.3STRENGTHS AND WEAKNESSES OF THE COMPANY Strengths 1.World's leading steel and mining company. ArcelorMittal is the world's leading steel and mining company where its annual achievable production capacity is about 114 million tons of crude steel in 2015 and about 210,000 employees across 60 countries. According to WorldSteel Association, in 2015 ArcelorMittal was at the first ranking among the top steel–producing companies in the world. Other than that, they are also the leader in all major global steel markets including automotive, construction, household appliances, and packaging. They are the largest producer of steel in Africa, North and South America, and EU, and have a growing presence in Asia. ArcelorMittal is the one of the largestiron ore producers in the world by having about 14 global ... Show more content on Helpwriting.net ... With respect to these company's abilities, ArcelorMittal believes that they are relatively high level of self–sufficiency in key raw materials and be as their competitive advantage over time. Moreover, ArcelorMittal had proven to the world that they have the expertise in steel acquisitions and turnarounds. The company is able in integrating operations and turning around the assets which underperforming within short time. The combination of knowledge and skills between the second largest steel companies in the world, Arcelor, and Mittal Steel has resulted diversification expertise from different business units across the company. The company demonstrates their focused on capital expenditure programs, applying the company wide best practices, improving working capital, ensures sufficient raw materials, and encouraged safety and clean environment at their acquired ... Get more on HelpWriting.net ...
  • 26. Reviewing And Support Evidence From Bbc Article Using... Table of Contents Introduction2 Task 12 1.1 Note and summarise the article with information.2 1.2 Comparing and contrasting the fact and opinion of presenting another business article3 1.3 Evaluate and support evidence from BBC article using effective reading strategies.4 Task 2:4 Understanding techniques to listen effectively and critically to business focused materials and develop note taking skills4 2.1 Analysis of the Contents from the Video links4 2.2 Producing Accurate summary notes5 Task 35 3.1 Discussing the Genre and Focus of the case study5 3.2 The structure or format of the given business case study6 3.3 Discussion the causes and relationship.6 3.4 Identifications of the Academic Hedging and Cautions6 3.5 Business case study is referenced accurately according to the Harvard System?7 3.6 Business case sturdy you read is accurately proof read and edited7 Task 47 4.1 Skills are needed to participate effectively in working groups7 4.2 The way others are given Opportunity8 4.3 Learned from debate in the Group members8 4.4 Identifying the Skills needed to demonstrate the presentation.9 4.5 Act as a moderator during debate.9 4.6 Personal performance on debate and setting goals.10 Conclusion10 Reference(s)11 Introduction After the industrial revolution in 19th century, there are many small and big business centers have been established in all over the world. Communication competence or strategy is the important characteristics for man in ... Get more on HelpWriting.net ...
  • 27. Why Is Iron Ore Important In Australia Iron ore is Australia's largest international export, accounting for 22% ($54 billion) of its total export economy (Simoes, 2015). The largest recipient of Australian commodities, by far, is China, accounting for 29.12%, followed by Japan at 19.67%, South Korea at 8.35%, and India at 5.27% (Simoes, 2015). Over the past decade, iron ore has become increasingly important to Australia's economy, increasing from $17.7 billion in 2001 to an astounding $110.9 billion in 2011 (DFAT, 2012). Blessed with an abundance natural resources, Australia has helped fuel the rising industrial powers of many East Asian countries over this period, as commodity prices soared an average of 23.2% per year, compared to just 4.8% for other exports (DFAT, 2012). However, ... Show more content on Helpwriting.net ... Valued at $17.6 billion in 2014 the industry grew by an astounding 7% in 2013 and 14% in 2014 (Pyne, 2015). The majority of the income is generated by nearly 600,000 international students who pay full tuition to attend Australian schools; $11.7 billion is generated by universities, and $2.7 billion from vocational schools (Pyne, 2015). In fact, the international education sector is Australia's fourth largest export industry following iron ore, coal and natural gas, and is responsible for over 130,000 jobs (Pyne, 2015). There are numerous reasons why the current international education boom is likely to continue. First is because of the success of English Language Intensive Courses for Overseas Students (ELICOS), which has grown an astounding 31% merely in the last two years (ICEF, 2015). As the largest English–majority nation in the Asia–Pacific region, Australia is a natural destination for international students who wish to immerse themselves in the language while studying in the classroom. With the rapid growth in the middle class of countries like China, India, South Korea, Vietnam and Thailand, there will continue to be a great incentive for young people to learn English in order to compete effectively in the global economy (Neeley, 2012). Furthermore, recent trends also show that the international ... Get more on HelpWriting.net ...
  • 28. Strategy Analysis for Iron Ore Segment on BHP Billiton STRATEGY ANALYSIS FOR IRON ORE SEGMENT OF BHP BILLITON 1. Company background, BHP Billion, a merging cooperation of BHP and Billion in 2010 (BHP Billiton, 2011), is a world leading company in mining and resource exploiting. According to ASX data, BHP Billion has the largest business scales in the Australian market, AU$166 billion of market capital and AU$71 billion of annual operating revenue in FY13 (Australian Securities Exchange, 2014). Over 128,800 employees and contractors work in 26 countries worldwide to create value for their shareholders (BHPB Annual Report, 2013). The core business has been classified into five units: petroleum, copper,iron ore, coal and aluminum, making 20%, 18%, 17%, 31% and 14% respectively in the revenue of FY13. It can be seen from Graph 1 that although iron ore was not the segment with the largest assets, it still returned with the largest revenue and highest ROA rate in 2013. The following paragraphs will focus on the strategy analysis on the segment of iron ore and how it can conquer possible threats 2. SWOT Analysis & Porter five forces analysis 2.1 SWOT Analysis 2.1.1 Strength Firstly, BHPB owns abundant resource in Western Australia, the second largest reserves stock (U.S. Geological Survey, 2014) with well –developed infrastructures on transportation. In addition, the joint venture in Brazil also provides supply to North America. Better geographical location contributes to the logistical expense of United States to be ... Get more on HelpWriting.net ...
  • 29. Advantages And Disadvantages Of Cattle Herding Jobs that have become recently obsolete Due to the industrial revolution and progress of technology, jobs are beginning to become obsolete. These jobs include; the milk man, inspectors, testers, samplers etc. in factories and drivers. Milk man Before fridges were invited men delivered fresh, cool milk right to your doorstep before it spoiled. This was usually done by young, charming well–mannered men. This labour recently ended due to the introduction of fridges, shopping centres, preservatives and new ways for milk to last longer (condensed milk). Inspectors, samplers, testers & weighers Before machines factories hand tested, sampled and weighed products and officials were called in for inspection. Now we have the technology analyse and inspect products and weight them while being prepared for packaging. Because of this advancement these workers are no longer needed and told to move on from the 'old days'. Drivers Drivers (not people who drive vehicles) used to manually herd cattle and sheep where ever they were expected/needed (like cowboys). A robot has recently been created to drive herds and go stand even the harshest of environments. Although this makes it easier for farmers it has left lots of drivers unemployed. https://www.gizmodo.com.au/2016/07/this–aussie–cattle–herding–robot–will–put–dogs–out–of–work/ Videos and information on this new cattle herding robot Jobs that have recently been created Although technology have made many jobs obsolete it has also
  • 30. ... Get more on HelpWriting.net ...
  • 31. BHP Billiton Business Analysis In the year 1995, SAM (sustainable asset management was being found which based on sustainable investments. For the developemnt of sustainability reporting a GRI (global reporting initiative was) established in 1997. These above factors of BHP Billiton are discussed in detail further in this report in both positive and negative ways. And what steps need to take to improve the business in terms of the above factors are all dicussed here additionally. Enterprise: BHP Billiton Industry: Metals and mining BHP Billiton produces gas, oil and is a mining company having headquarters in Melbourne, Australia. BHP Billiton is formed with the combination of BHP and Billiton in 2001 and has become the global leaders in mining and metals. It manages ... Show more content on Helpwriting.net ... To overcome this, the resources must be used wisely so that coming generations can get benefit and ensure that there are enough resources left for them. For a mining company there is always a requirement to keep balance between society, environment and economy. If there will be a change in any of the measurement then alternate measurement will also get affected. The four essential zones which influence sustainability are procedure or operations, education, group interest and future conditions. These four regions of sustainability can be connected to the mining firms. If the company is aware about industry the operations going on the sites that effects the health of people and environment then organization should take wise steps to control bad effects of their operations. Mining operations are always considered as environment unfriendly. It is no doubt that some of the mine sites are located away from the residential or urban areas but still they effect the people of workers over the sites with the emission of gases . The large numbers of small and medium and big mining ventures are located in Australia which are good for profit and economy but not as good for the environment as other ... Get more on HelpWriting.net ...
  • 32. Case Study : Arrium Wedged By Debt Dilemma Article Stevens, M. 2015, 'Arrium wedged by debt dilemma', Australian Financial Review, 19 August, viewed 20 August 2015, Summary Stevens (2015) discusses the financial challenges that Arrium faces amid falling iron ore and steel prices. As Arrium confronts a falling Australian dollar against the US currency, the article comments on the need for Arrium to counteract losses and to repay $1.7 billion of amassing debt, the majority of which is denominated in US dollars. Application of concepts This article connects to the economic environment as the collapsing iron ore price is fundamental to Arrium's debt predicament. Arrium's business in iron ore mining and steelmaking has been affected by declining demand from China's steel industry (Ma 2013), with losses amounting to $140 million in the past year (Stevens 2015). Allen and Day (2014, p. 248) assess 'a sustained period of rapid urbanisation and industrialisation...requiring high levels of investment in infrastructure', as the reason for China's previously large consumption of iron ore. The fall in prices, a result of declining steel production growth, is attributed to China's presently decreasing investment expenditure, slowing economic growth, and transition to a service–based economy from a resource–intensive economy (Garnaut 2012, Economist 2014). Accordingly, the dropping iron ore price has driven Arrium's losses and inhibited its ability to fulfil debt obligations. The depreciating Australian dollar against the U.S. ... Get more on HelpWriting.net ...
  • 33. Penokee Hills In Northern Wisconsin Wisconsin has a long tradition of being at the forefront of environmental protection. From having pristine national forests, clear water, and tough environmental regulations to keep our forests pristine and water clear. Now, in the 21st Century, Wisconsin is losing that right due to Wisconsin Governor Scott Walker. Walker is a big proponent for a mine in the Penokee Hills. The Penokee Hills are located in Northern Wisconsin, in Iron County, just south of the Bad River Band of Lake Superior Ojibwe Reservation. This mine would have been an iron mine, one of the world's largest open pit mine. The problem with this mine is it would have destroyed most of the Penokee Hills, the environment around it, and polluted everything around it, including ... Show more content on Helpwriting.net ... One consequence on the environment would have been from the pollutants the mine would have given off. One of these pollutants would be Mercury. In the process of getting iron ore from taconite pellets, which is what is mined, the taconite must be heated up, one element that is given off during the heating process is Mercury (WI DNR, 2003, 22–25). When Mercury is in it's gaseous form, it enters the water cycle and helps form acid rain (WI DNR, 2003). When the acid rain is released as precipitation, it enters the waterways and pollutes the waters. In the case of Northern Wisconsin, this acid rain would help pollute the Bad River Watershed, one of the biggest tributaries of Lake Superior, which would be polluted from the Mercury. Pollution of Lake Superior would be devastating. Lake Superior is the world's largest freshwater lake and it's water flows through the Great Lakes, down the St. Lawrence River, and into the Atlantic Ocean, all of which would be polluted. Also, Lake Superior is a huge source of drinking water for a huge portion of cities located right on the lake including Ashland and Superior in Wisconsin, Duluth and Cloquet inMinnesota, Sault St. Marie and Marquette in Minnesota, and Thunder Bay in Canada just to name a few (Lake by Lake, 2003). Another major pollutant is Sulfate. Sulfate is one of the major parts of taconite mine runoff. Sulfate does the same as Mercury except it is mixed in the water right away instead of being in acid rain, though it is a component to acid rain (WI DNR, 2013, iv). Sulfate directly ran off into watersheds creates more problems than if it were just in acid rain. In the Bad River Watershed, wild rice is a prominent crop grown in the water for the Ojibwe. That runoff can form Sulfide, and it has been shown in Minnesota to be toxic to wild rice, helping destroy a means of income for so many people ("Wild Rice Sulfate, 2014, 5–6). ... Get more on HelpWriting.net ...
  • 34. Iron Ore Case Analysis Essay MBA 816 Operations & Production MGMT Iron Ore Company of Ontario "A3 Written Assignment" December 12, 2011 Presented to: Dr. James Mason Presented by: Ahmed Omar Afify Student ID: 200–305–478 ––––––––––––––––––––––––––––––––––––––––––––––––– Issues * To minimize total waiting time and stockpile re–handling costs (Keep operations costs as low as possible). * To improve productivity process and decreasing idle time of machines and labor. ––––––––––––––––––––––––––––––––––––––––––––––––– Background * Iron Ore Company of Ontario is working in the business field of processing iron ore. * Production was scheduled on a ... Show more content on Helpwriting.net ... Each Shovel takes 11.5 m3 / load with 480 m3 / hr to get 0.024 hr/load. Each Truck takes 36 m3 / load with 128 m3 / hr to get 0.28 hr/load. Load a truck 36 m3 / load with Shovel 480 m3 / hr to get 0.075 hr/load. Dump time by a truck in hr is given as 1.7 min or 0.028 hr. Calculations| Shovels| Trucks| Hr / load | 0.024 | 0.28 | Load time for a truck / shovel by hr | 0.075 | Dump time for truck by hr | 0.028 | Trip time for truck without load and dump time by hr | 0.177 | The whole trip takes 0.28 hrs or "16.8 mins". Trip= time taken to load truck by shovel + time taken from shovel to crusher+ time taken for dumping+ time taken to drive back from crusher to shovel. So 0.28 = 0.075+ time taken between shovel and crusher (twice) + 0.028 So time taken between shovel and crusher (twice) is 0.177 hrs, so each trip takes 0.0885hrs (5.31 mins). Exhibit 8 "Distribution of crusher delays during day shift" From summary Statistics, we found that: * Mean Delay = 12.86 minutes = 0.214 hrs * Number of Delays = 332 * Sampling Interval = 120
  • 35. ... Get more on HelpWriting.net ...
  • 36. Rio Tinto 's Largest International Mining Companies Company Overview Rio Tinto is one of the world's largest international mining companies. Headquartered in London, the company is a dual listed company as Rio Tinto plc and Rio Tinto Limited but operates as a single economic entity. Rio Tinto's diverse mining interests focus on delivering shareholder value by owning and operating metals and minerals mines which deliver the world's most sought out commodities. The company operates in ten countries worldwide and maintains control of whole or partly owned entities throughout the world. Currently, Rio Tinto's average number of employees totaled 66,331 with approximately one half of all Rio Tinto's employees conducting mining activities in Australia and New Zealand. Rio Tinto's business models delivers shareholder value through exploration and evaluation of potential metals and mineral deposits in new geographical regions, developing new mining operations worldwide, improving existing mining processes from extraction to delivery, and ensuring operations ending in designated regions are sustainable and beneficial for future land uses. (Rio Tinto Annual Report, 2013) Company History Formed in 1873 by investors, Rio Tinto began its quest to supply the world with copper extracted from ancient copper workings in southern Spain. The success of Spain's southern copper mines eventually caught the eye of Consolidated Zinc Corporation in 1905 which resulted in both companies to merge into Rio Tinto–Zinc Corporation. The ... Get more on HelpWriting.net ...
  • 37. Car Title Client Alert Global Mining and Metals Industry Group April 2013 Glencore's Long March to Take Over Xstrata First published in Mining Journal, April 2013 At long last, Glencore has overcome the final regulatory hurdle and secured the approval of China's Ministry of Commerce (MOFCOM) to acquire the 66 percent of Xstrata that it does not already own. But not before agreeing to part with one of the prized assets in Xstrata's portfolio, the Las Bambas copper project in Peru. If no suitable buyer for Las Bambas is found by September 2014, Glencore will have to auction off one of its other copper assets of MOFCOM's choosing. To clinch MOFCOM's blessing of the deal Glencore also committed to continue offering longterm supply arrangements to... Show more content on Helpwriting.net ... Ultimately, the Commission required the divestment of Glencore's minority stake (7 percent) in and termination of its .8 recently renewed exclusive off–take agreement with the world's largest zinc smelter, Nyrstar, originally due to run until 2018, as conditions to approving the transaction. As part of the deal with the Commission, struck in late November 2012, Glencore also committed not to enter into any other commercial arrangements with Nyrstar for ten years. The clearance came despite the concerns expressed by the European Steel Association (EUROFER), whose members purchase much of the commodity grade zinc traded in Europe for use as corrosion–resistant coatings (galvanizing) in steel products. MOFCOM took its time in reviewing the transaction – almost twice the normal maximum statutory period allowed for merger reviews under China's Anti–Monopoly Law, which can last up to 180 days. As MOFCOM noted in its published decision, the parties withdrew their filing towards the end of the statutory review period, and then re–submitted the filing. This "pull and refile" effectively reset the clock on the review time line and provided MOFCOM with extra time to review the transaction. It's to be expected and entirely legitimate for a country's competition authority to thoroughly examine a transaction that has potentially anticompetitive impacts on its industries and consumers, and to focus on such aspects of the transaction that pose the most threat to ... Get more on HelpWriting.net ...
  • 38. Essay Ocean Carriers Case "Ocean Carriers" case Assume that Ocean Carriers uses a 9% discount rate. 1) Do you expect daily spot hire rates to increase or decrease next year? (5 points) 2) What factors drive daily hire rates? (5 points) 3) How would you characterize the long–term prospects of the capesize dry bulk industry? (10 points) 4) Should Ms Linn purchase the $39M capsize? Make 2 different assumptions. First, assume that Ocean Carriers is a US firm subject to 35% taxation. Second, assume that Ocean Carriers is located in Hong Kong, where owners of Hong Kong ships are not required to pay any tax on profits made overseas and are also exempted from paying any tax on profit made on cargo uplifted from Hong Kong. (75 points) 5) What... Show more content on Helpwriting.net ... Linn expected that Australian and Indian ore exports would begin in 2003, and that new supplies would significantly increase trading volumes. Demand for capesizes would likely increase with these higher trading volumes, possibly boosting prices. According to Exhibit 5, we can get the following data: | 1994| 1995| 1996| 1997| 1998| 1999| 2000| Iron ore vessel shipments| 375| 397| 385| 424| 420| 410| 440| Growth rate| | 5.87%| –3.02%| 10.13%| –0.94%| –2.38%| 7.32%| Avg. spot rate| $16,851 | $20,149 | $11,730 | $14,794 | $10,105 | $9,427 | $22,575 | Growth rate| | 19.57%|–41.78%| 26.12%| –31.70%| –6.71%| 139.47%| Avg. 3–yr charter rate| $18,250 | $18,544 | $14,079 | $16,063 | $13,076 | $12,626 | $15,344 | Growth rate| | 1.61%| –24.08%| 14.09%| –18.60%| –3.44%| 21.53%| From the table above, we can find that worldwide iron ore vessel shipments and charter rates had been very strongly associated historically. Iron ore vessel shipments and daily hire rate changed in the same direction. Moreover, 3–yr charter rates changed much more than iron ore vessel shipments, while spot rates tended to fluctuate more widely than 3–yr charter rates. As mentioned above, Australian production in iron ore expected to be strong and Indian iron ore exports expected to take off in the next few years. I expect worldwide iron ore vessel shipments to ... Get more on HelpWriting.net ...
  • 39. Bhp Billiton Prepared For M. Nazmul Amin Majumdar Course Instructor BRACU Business School BRAC University Prepared By Shiab Khan (13164039) Sanzida Parvin (13164025) Tanzir Islam (13164087) SK Yaishi Binte Zaman (12264035) Ahammed Riaz(13164009) Date of Submission: April 2, 2015 BHP Billiton Limited Introduction: BHP Billiton is world's largest diversified natural resources company. The company was created by the merger of two companies, BHP Ltd (An Australian mining company) and Billiton PLC (An UK based Company). BHP Billiton has created long time share holder value through the discovery, acquisition and development of natural resources. In the last few years, BHP Billiton has faced some governance challenges in conducting their business around ... Show more content on Helpwriting.net ... BHP Billiton Limited has a primary listing on the Australian Securities Exchange and BHP Billiton Plc has a premium listing on the London Stock Exchange, with a secondary listing on the Johannesburg Stock Exchange. Business Environment Analysis Business environment is the sum total of all external and internal factors that influence a business. External factors and internal factors can influence
  • 40. each other and work together to affect a business. External Environment Analysis External Environment A company's external environment includes all relevant factors and influences outside the company's boundaries. By relevant means important enough to have a bearing on the decisions the company ultimately makes about its direction, objectives, strategy and business model. Components of External Environment 1. The macro environment 2. Industry structure 3. Strategic group mapping 4. Competitor analysis 5. Driving forces 6. Critical success factors Macro environment Macro environment of a company consists of 6components which are commonly known as six segment analysis. These are: a) Political/legal b) Economic c) Socio–cultural d) Technological e) Environmental/demographic f) Global To complement the understanding of the general macro environment for commodities, it is necessary to now move to an analysis of the external market through 6segment analysis. The elements of ... Get more on HelpWriting.net ...
  • 41. A Strategic Analysis Of Onesteel Limited Student Name: ZUIJIA LIU Student Number: 42280099 MGTS3301 ASSIGNMENT A Strategic Analysis of OneSteel Limited Student Name: ZUIJIA LIU Student Number: 42280099 Tutor: Alexander Stathakis Lecturer: Martina Linnenluecke MGTS3301–Business Policy and Strategy (A Strategic Analysis) 1 Student Name: ZUIJIA LIU Student Number: 42280099 Contents 1. Introduction.................................................................................3 1.1 Report Overview............................................................................3 1.2 Organisation Overview...................................................................3 2. External Environmental Analysis.......................................................4 2.1 Analysis of Macro Environment........................................................4–5 2.2 Analysis of Industry Environment.....................................................5–6 2.2.1 Threat of New Entrants..............................................................6 2.2.2 The ... Show more content on Helpwriting.net ... Economical: Strong Australian currency affects steel manufacturing export and import (Smith 2011) Job cuts and industry shuts due to weak domestic demand and downturn in the construction industry (ABC News 2011). Social: Changing in preference: the growing availability of alternative materials may replace steels such metallic glass (Vieru 2011). Skilled worker shortage in Australia (BusinessSpectator 2012) Technological: With the development of steel industry, new renewable resources are required due to nonrenewable resources will be less and less such as iron ore and carbon (Szargut, Ziebik & Stanek 2002) Environmental: Steel Industry has impacts on air quality due to the emissions, which may lead climate change. Environmental pollution requires steel business to reduce the emission in order to develop a clean energy future by advanced technology. Water saving issue. (Costello 2011) Legal: Changes in taxation regulation such as the federal government passed 30% tax on iron ore and coal mining profit (Scott 2012).
  • 42. Among those external aspects, four factors should be addressed which are political, economical and environmental. From the political perspective, the federal government offers this assistance to adapt and modify steel business models, which to ensure long–term MGTS3301–Business Policy and Strategy (A Strategic Analysis) 4 Student ... Get more on HelpWriting.net ...
  • 43. BHP Billiton Strategic Report BHP Billiton is an Australian based global company created in order to source and mine natural resources. These resources include copper, iron ore, coal, uranium and nickel. BHP also claims to have "substantial interests in oil and gas" (BHP Billiton, 2015). In order to have continual future growth, BHP has taken the growth of climate change into consideration when planning for the future. According to the 2014 BHP Strategic Report, BHP is focused on "reducing our emissions, increasing our preparedness for physical climate impacts and working with others, including industry and governments, to support effective responses to climate change." (BHP Billiton, 2015) The stability of BHP is crucial to meeting future objectives, as the company needs ... Show more content on Helpwriting.net ... According to the 2014 BHP Strategic Report, BHP is focused on "reducing our emissions, increasing our preparedness for physical climate impacts and working with others, including industry and governments, to support effective responses to climate change." (BHP Billiton, 2015) The stability of BHP is crucial to meeting future objectives, as the company needs to be able to be financially stable in order to be accountable for both current and future monetary agreements. Company resources are also crucial to BHP's future objectives as the business cannot grow or reach goals without these. As BHP produces necessary commodities for many parts of the world, the economy and its growth are an important factor in the external environment of the company. BHP Billiton's attributes include values such as sustainability of the environment and communities, respect, simplicity by focusing on certain aspects of the company, and accountability. BHP Billiton employs over 123,000 workers across the world in twenty six listed countries. BHP also requires workers in the general areas of marketing, administration/finance, health and safety, as well as specific fields including geoscience, mining, petroleum drilling and copper exploration. Depending on the position, BHP requires a completed degree for their highly sought after graduate ... Get more on HelpWriting.net ...
  • 44. China 's Steel Products Export Situation China exported 5564700 tons of steels to Korea, down 60.10% year on year. The proportion to total steel export volume was 22.62%m down 0.94% compared with 2008 (Cheng, 2009). In 2009, among top 10 countries to which China exported steels, the ranking of Vietnam, India, Thailand and Singapore ascended, compared with 2008. America and United Arab Emirates with sharp rise in the export volume fell to the 4th place and the 9th place in 2009 from the 2nd place and the 5th place in 2008. Indonesia and Iran decreased by 7.89% compared with 2008, due to small year–on–year decline range of export volume (Huan, 2014). 2.4 Problems of current China's steel commodity market In recent years, China has also made considerable progress in steel industry. China has become a big steel country, but not the power of steel. Both China's steel products export situation and raw materials import situation are not optimistic. The main problems are as follows: (1) Trade friction Trade friction has increasingly heated up. Since the surge in export of Chinese steel and the over–concentration of Chinese steel exporting countries and regions, China 's steel industry has become the focus of international trade protection and remedies. At present, China 's steel exports are mainly concentrated in South Korea, the United States and the European Union, this tripartite steel exports accounted for nearly half of the exports. This exacerbated the friction between China and these countries and can also cause ... Get more on HelpWriting.net ...
  • 45. Global Economy Is Finally Stabilizing Following The Global... The global economy is finally stabilizing following the global financial crisis and Great Recession. Our base–case outlook for average annual real growth between 2015 and 2020 is between 3 and 4 percent Lower global commodity prices are an important factor supporting stronger economic growth. Although economies that are dependent on commodity exports may suffer, lower input prices for industry as well as lower fuel prices for households will provide a boost to aggregate demand and global growth. We expect emerging economies to continue to grow by more than 4 percent (contributing $16.2 trillion to global growth through 2020 at market exchange rates), while the growth rate of advanced economies is forecast to exceed 2 percent (contributing $13.5 trillion through 2020) for the first time since 2010. The United States is leading the recovery among advanced markets, and we expect the country to be a significant contributor to global growth through 2020. However, we anticipate economic performance to continue to diverge within both the emerging and developed market groupings based on key policy choices, as governments grapple with structural reforms in the context of reduced fiscal and monetary stimulus. In this regard, strong leadership and bold government actions will determine whether national economies can escape from the new mediocre of stable but low growth. Australia resources industry (BHP) Australia has a rich haven of resources in the oil, gas and energy industries. ... Get more on HelpWriting.net ...
  • 46. Descriptive Essay : Old Diamond Old Diamond waits patiently to be hitched–up to the wagon. Six days a week, if the weather is cooperating, I hitch Old Diamond for the thirty to forty–minute ride from the family farm to the Iron Mine and the seventh day, he goes to church. If the weather is bad we have a corral for Old Diamond at the mine and extra room off the office for me. I wasn't thinking when I hitched up Old Diamond this morning. When we left and were down the road a piece I noticed I left my coffee cup on a fence post. That 's happened twice this week. Remembering, I have freight at the train depot I need to pick up, on the way I'll swing by Swansson's Creamery and grab a quick cup. It was early April. I am Sven Johan Svensson, the age of nineteen, the older of... Show more content on Helpwriting.net ... It's time to go, I don't need coffee this bad. I lifted my right foot to leave and the man turns and grabs my arm. Mister, "are you in such an all–fired hurry to leave?" "Can't you wait a moment for the answer to your question?" Sven, "sorry to trouble you" He, "You haven't heard?" Sven, "haven't heard what?" "Do you know the owner "Swanson?" Sven, "Yes, he's a friend of mine." Well, your friend is selling his creamery." Sven, "What?" "Who bought it?" "I don't know." "Say, aren 't you Svensson that own's the mine?" Sven, "That would be me." "Are you still going with Swansson 's sister Hilma?" Sven, "off and on." "We 're just friends." "Off and on" "what's that supposed to mean?" Sven, "It means, whenever Hilma is in needs of a partner she looks me up. It's no big deal. "That doesn't seem to bother you much." Sven, "No, not at all." I can tell by the look on his face, he's working up to something. Sven, "Are you trying to rile me?" "Are you still set on her." Sven, "Mister, do you have a name?" "Troy Burgess." Sven, "Well Mr. Troy Burgess, Hilma is standing over across the room, go talk to her." Troy, "I don't need your permission Svensson, If I want her bad enough, I'll just take her." Sven, "Troy, my day didn't start the way I wanted. First, "I forgot my coffee cup on a fence post." "I only stopped for a cup of coffee and say "hi" to my old friend "Swansson." Second, "My biggest mistake was asking you a simple question." And to answer your ... Get more on HelpWriting.net ...
  • 47. How developed is Brazil? How developed is Brazil? BRAZIL Economic A Case Study of: – Developments in two contrasting regions of a country (South East / Amazonia / North). – Strategies used by a government to improve the economy (in a developing country). – Exploitation of new resources within a country. – Impact of economic / industrial development on the environment of a region or country. Setting the scene – How developed is Brazil ? Brazil, alongside Mexico is considered one of South America's newly industrialising countries. GRAPH Main exports Metallic ores, coffee, fruit, chemicals, machines, weapons In 1991 Brazil had a debt of $123 billion.This is owed to the USA, the EEC, Japan ... Show more content on Helpwriting.net ... Prices for Brazil's exports fell on the world market (coffee, other food items).
  • 48. 5. The International Monetary Fund has pressured Brazil to change the economy – gave government targets to reduce government spending and borrowing (called Structural Adjustment Policy) Pressure: debt repayment forced exploitation of natural resources: – The rainforest – Fast flowing rivers – Mineral wealth beneath the surface e.g gold, iron, bauxite, copper, manganese – Land available for creating estate farming cash crops Issues facing Brazil in late 20th century: Interest rates have continued to rise ––––– Brazil has paid it's debt many times over. Poor have continued to get poorer and poorer. Brazil finds it hard to produce the food it needs as it is taking up any growing area with cash crops and making products that suit other countries' needs. The industries that there are have slumped and there are very few jobs to go around. Each product that they make can be bought more cheaply elsewhere, so their debt increases as their products decrease. What strategies are the government using to boost development ? The government has set up several new schemes. 1. Trans Amazon Highway (interior on west– east axis). Built in 1970's. Designed to open up Rondonia state. 2. New network of motorways interconnecting the cities on south (South East region)– eastern coastal strip: multi lane highways. This ... Get more on HelpWriting.net ...
  • 49. Overseas Countries Trends Used Of Such Products Or... Selected overseas countriesTrends in use of such products or services Overseas country 1: China China is evenly switch from an industrialized based development measure and export attend economy to a consuming attend retrenchment with a more tenable development rate. This user target need less value exhaustive manufacturing. With an increasing average stylish China and raising urban population there is developed demand for a fresh environment system and increase feature of life. Afterward the importunity for coal and another material resources has experienced an accelerated lessening. This flow has an abundant effect on the worldwide economy and especially Australia based on historical of China grand balances of reliance on their capability exports. Overseas country 2: Japan The related between Japan and Australia, particularly in relationship to theiron ore manufacturing, has been its that has looked forward a switch from antagonism in market in 1930s and began expensive in market since 1960s. Japan is approximately below par graced with mining raw materials, as examine in contrast with Australia minerals. Therefore, both of them have an essential economic correspondent. Throughout the time Japan had a voracious worldly goods for substantial for commercial enterprise, Australia wanted to accept finished manufacturing things from Japan. This interconnected related has allowanced both Australia and Japan to take a pleasure in raw material of economic development over the ... Get more on HelpWriting.net ...