BHP name to go from mill

BHP Steel, owner of the Glenbrook steel mill, has confirmed it will change the company name in the coming year.

BHP Steel said it sought approval from BHP Billiton to continue using the BHP acronym but this request was rejected.

At its demerger from BHP Billiton almost a year ago BHP Steel was licensed by BHP Billiton to use the BHP acronym in its company name until June 30 next year.

BHP Steel intends to submit a resolution for a new name at its annual general meeting in November.