For the second time in four years, BHP Billiton Ltd., the world’s largest mining company — which holds its annual meeting in London Thursday — has announced plans that don’t include a Canadian share listing.
In the summer of 2010, BHP Billiton – the result of the 2001 merger between BHP and Billiton – launched a hostile bid for Potash Corporation of Saskatchewan Inc. It offered US$130 cash a share — a potential US$40-billion transaction.
At the time, BHP Billiton noted it had business interests in Canada dating back almost 40 years.
By David Smith:BHP Billiton (BHP) is the world's largest natural resource company, with revenue of US$71,739 million and a net profit of US$23,648 million reported for the financial year 2010/11 (BHP Annual Report, 2011).