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112 Business View Australia - August 2015
approach to improving safety and
performance.Aswemovetoaregional
model and develop a fit-for-purpose
strategy, we have the potential to
further improve performance. This
would enable South32’s assets to
reach their full potential and benefit
our shareholders, employees and
communities.”
Kerr said that awide range of options
had been considered when selecting
a name for the company, including
suggestions from employees across
BHP Billiton.
“As we continue to build South32
we are keen to ensure the views
of our people are woven through
the foundations of the company,”
he said. “I am proud to say that a
suggestion from one of the new
company’s employees was the basis
for the name we have selected as
our identity.
“The demerger remains on track to
be completed in the first half of the
2015 calendar year. Following the
recent announcement of additional
members of our experienced and
high caliber senior executive team
and the third party approvals
already achieved at this stage, we
are progressing well against plan.”
South32’s head office will be in
Perth, Australia, with a regional head
office and global shared services
center located in
J o h a n n e s b u r g ,
South
Africa.
South32
would
be an Australian
i n c o r p o r a t e d
company
but,
reflecting a global
shareholder base,
is intended to have
a primary listing
on the Australian
S e c u r i t i e s
Exchange,
a
secondarylistingon
the Johannesburg
Stock
Exchange
and a standard
listing in London.
ENERGY, MININ