BHP Billiton sees potential aluminium nickel as commodities

BHP Billiton sees potential for aluminium and nickel as commodities

11:27 AM, 10th May 2012
BHP Billiton sees potential for aluminium and nickel as commodities
Alberto Calderon, Chief Executive, Aluminium, Nickel and Corporate Development, BHP Billiton.

MELBOURNE, AUSTRALIA: Whatever the current challenges, BHP Billiton sees benefit from aluminium and nickel as commodities in the emerging economies, in the future. For this, BHP Billiton has consolidated it’s stainless steel materials and aluminium customer sector groups (CSGs) into a single CSG to be named Aluminium and Nickel. The new CSG will be headquartered in Perth, Australia, under the leadership of Glenn Kellow as President (currently President Stainless Steel Materials).

The Aluminium and Nickel CSG will include all current nickel and aluminium assets in the portfolio: Nickel West and Worsley (both Australia), Cerro Matoso (Colombia), Mozal (Mozambique), Hillside and Bayside (South Africa), and two non-operated joint ventures, Alumar and Mineracao Rio do Norte (both Brazil).

“Despite the current challenges, BHP Billiton is committed to Aluminium and Nickel as commodities that may benefit from later phases of economic development in the emerging economies,” said Alberto Calderon, Chief Executive, Aluminium, Nickel and Corporate Development, BHP Billiton.

“However, individually, Aluminium and Nickel are small divisions relative to the other businesses in BHP Billiton. The combination of these into a single business unit will provide appropriate scale within the BHP Billiton portfolio, as well as simplifying the functional structure of the business to assist in our efforts to make it a more efficient and competitive organisation,” added Calderon.

© WOC News

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


AkzoNobel to supply coatings for Brazil Maracana stadium

RIO DE JANEIRO, BRAZIL: AkzoNobel has reached an agreement to supply coatings for the roof of Brazil’s famous Maracana stadium, which will host ...

Read more
BASF invests $5 million in China Environment Fund

LUDWIGSHAFEN, GERMANY/HONG KONG, CHINA: BASF Venture Capital has invested $5 million in the China Environment Fund (CEF) IV. Other investors include k ...

Read more
PFB to acquire NOVA’s performance styrenics business

CALGARY, CANADA: PFB Corporation, through its subsidiary PFB International Corporation, will acquire NOVA Chemicals performance styrenics business, in ...

Read more
BASF acquires Equateq, extends omega-3 portfolio

LUDWIGSHAFEN, GERMANY: BASF has acquired Equateq Ltd, a global leader in the manufacturing of highly concentrated omega-3 fatty acids. With the acquis ...

Read more
Benteler-SGL invests €36 million in new production plant in Austria

RIED IM INNKREIS, AUSTRIA: Benteler-SGL, a joint venture between Benteler Automobiltechnik and the SGL Group, has set up a new plant in Ort im Innkrei ...

Read more
Novozymes starts commercial supply of hyaluronic acid in China

BAGSVAERD, DENMARK: Novozymes Biopharma, part of Novozymes, the world leader in bioinnovation, has started commercial supply of hyaluronic acid from a ...

Read more