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

In: Strategic Leadership for Business Value Creation

Author

Listed:
  • Don Argus

    (Australia Advisory Board)

  • Danny Samson

    (University of Melbourne)

Abstract

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

Suggested Citation

  • Don Argus & Danny Samson, 2021. "BHP(E): Rejuvenation and Renovation Towards a New Century," Springer Books, in: Strategic Leadership for Business Value Creation, edition 1, chapter 0, pages 331-351, Springer.
    • Handle: RePEc:spr:sprchp:978-981-15-9430-4_13
    DOI: 10.1007/978-981-15-9430-4_13
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