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Subsidiaries
12 Months Ended
Jun. 30, 2019
Investments accounted for using equity method [abstract]  
Subsidiaries

28    Subsidiaries

Significant subsidiaries of the Group are those with the most significant contribution to the Group’s net profit or net assets. The Group’s interest in the subsidiaries results are listed in the table below. For a complete list of the Group’s subsidiaries, refer to Exhibit 8.1 – List of Subsidiaires.

 

               Group’s interest  

Significant subsidiaries

   Country of
incorporation
  

Principal activity

   2019
%
     2018
%
 

Coal

           

BHP Billiton Mitsui Coal Pty Ltd

   Australia    Coal mining      80        80  

Hunter Valley Energy Coal Pty Ltd

   Australia    Coal mining      100        100  

Copper

           

BHP Billiton Olympic Dam Corporation Pty Ltd

   Australia    Copper and uranium mining      100        100  

Compañia Minera Cerro Colorado Limitada

   Chile    Copper mining      100        100  

Minera Escondida Limitada (1)

   Chile    Copper mining      57.5        57.5  

Minera Spence S.A.

   Chile    Copper mining      100        100  

Iron Ore

           

BHP Billiton Iron Ore Pty Ltd

   Australia    Service company      100        100  

BHP Billiton Minerals Pty Ltd

   Australia    Iron ore and coal mining      100        100  

BHP Iron Ore (Jimblebar) Pty Ltd (2)

   Australia    Iron ore mining      85        85  

BHP (Towage Service) Pty Ltd

   Australia    Towing services      100        100  

Marketing

           

BHP Billiton Freight Singapore Pte Limited

   Singapore    Freight services      100        100  

BHP Billiton Marketing AG

   Switzerland    Marketing and trading      100        100  

BHP Billiton Marketing Asia Pte Ltd

   Singapore    Marketing support and other services      100        100  

Group and Unallocated

           

BHP Billiton Canada Inc.

   Canada    Potash development      100        100  

BHP Billiton Finance BV

   The
Netherlands
   Finance      100        100  

BHP Billiton Finance Limited

   Australia    Finance      100        100  

BHP Billiton Finance (USA) Ltd

   Australia    Finance      100        100  

BHP Group Operations Pty Ltd

   Australia    Administrative services      100        100  

BHP Billiton Nickel West Pty Ltd

   Australia    Nickel mining, smelting, refining and administrative services      100        100  

WMC Finance (USA) Limited

   Australia    Finance      100        100  
           

 

(1) 

As the Group has the ability to direct the relevant activities at Minera Escondida Limitada, it has control over the entity. The assessment of the most relevant activity in this contractual arrangement is subject to judgement. The Group establishes the mine plan and the operating budget and has the ability to appoint the key management personnel, demonstrating that the Group has the existing rights to direct the relevant activities of Minera Escondida Limitada.

 

(2) 

The Group has an effective interest of 92.5 per cent in BHP Iron Ore (Jimblebar) Pty Ltd; however, by virtue of the shareholder agreement with ITOCHU Iron Ore Australia Pty Ltd and Mitsui & Co. Iron Ore Exploration & Mining Pty Ltd, the Group’s interest in the Jimblebar mining operation is 85 per cent, which is consistent with the other respective contractual arrangements at Western Australia Iron Ore.