Stainless Steel Materials and Aluminium Update
May
09, 2012
BHP Billiton announced today that its Stainless
Steel Materials and Aluminium Customer Sector Groups (CSGs) will consolidate
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).
BHP Billiton Chief Executive Aluminium, Nickel and
Corporate Development, Alberto Calderon said: “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.
“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.”
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