| Wed 29 Mar 2017, 7:05 | | BHP BILLITON PLC - Global Iron Ore & Steel Forecast Conference Presentation |
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BIL 201703290001A
Global Iron Ore & Steel Forecast Conference Presentation
BHP Billiton Plc
Registration number 3196209
Registered in England and Wales
Share code: BIL
ISIN: GB0000566504
Issued by: BHP Billiton Plc
Date: 29 March 2017
To: London Stock Exchange
JSE Limited
For Release: Immediately
Contact: Helen Ratsey +44 (0) 20 7802 7540
BHP Billiton Plc – Global Iron Ore & Steel Forecast Conference
UK Listing Authority Submissions
The following document has today been submitted to the National Storage Mechanism
and will shortly be available for inspection at www.hemscott.com/nsm.do:
- Global Iron Ore & Steel Forecast Conference Presentation
The document may also be accessed via BHP Billiton’s website - www.bhpbilliton.com
BHP Billiton Plc Registration number 3196209
LEI 549300C116EOWV835768
Registered in England and Wales
Registered Office: Neathouse Place
London SW1V 1LH United Kingdom
Tel +44 20 7802 4000 Fax +44 20 7802 4111
A member of the BHP Billiton Group which is headquartered in Australia
Sponsor: UBS South Africa (Pty) Limited
NEWS RELEASE
Release Time IMMEDIATE
Date 29 March 2017
Release Number 12/17
OUR CULTURE TO DRIVE VALUE AND RETURNS AT WAIO
Speaking at the 20th Annual Global Iron Ore and Steel Forecast Conference, BHP
Billiton Western Australia Iron Ore (WAIO) Asset President, Edgar Basto, said that
while the growth of low-cost seaborne iron ore supply is expected to outpace
incremental demand, the Company is well-positioned to continue to grow value and
returns.
“Our drive for increased performance focuses on operational discipline and the
involvement of front line personnel, and is delivering ongoing improvements in our
business,” Mr Basto said.
WAIO achieved record production of 136 million tonnes (100 per cent basis) in the
December 2016 half year. The completion of the rail renewal and maintenance
program in the last quarter of the 2017 financial year, which is running six months
ahead of schedule, coupled with the ramp-up of additional capacity at the Jimblebar
mining hub and ongoing productivity improvements, are expected to deliver an
increase in WAIO system capacity to 290 million tonnes per annum (Mtpa) in the 2019
financial year.
BHP Billiton’s new operating model is also supporting improved performance, with
additional opportunities identified to improve rail cycle times, truck availability and fuel
consumption, as well as to increase equipment reliability and extend equipment life,
thereby lowering operating costs further.
Mr Basto also outlined the sustaining investment options currently being considered.
“Our Yandi mine, located in the central Pilbara, is currently operating at 80 Mtpa but
will be depleted over the next five to 10 years. We are looking at options to replace
this production. South Flank is the preferred long-term solution, subject to Board
approval being obtained. The investment case for using this high-grade deposit for
replacement tonnes is strong, given BHP Billiton’s ability to utilise existing
infrastructure at the Mining Area C operation where possible,” Mr Basto said.
Further information on BHP Billiton can be found at: bhpbilliton.com
Media Relations Investor Relations
Australia and Asia Australia and Asia
Paul Hitchins Tara Dines
Tel: +61 3 9609 2592 Mobile +61 419 315 001 Tel: +61 3 9609 2222 Mobile: +61 499 249 005
Email: Paul.Hitchins@bhpbilliton.com Email: Tara.Dines@bhpbilliton.com
Fiona Hadley Andrew Gunn
Tel: +61 3 9609 2211 Mobile +61 427 777 908 Tel: +61 3 9609 3575 Mobile: +61 402 087 354
Email: Fiona.Hadley@bhpbilliton.com Email: Andrew.Gunn@bhpbilliton.com
Amanda Saunders United Kingdom and South Africa
Tel: +61 3 9609 3985 Mobile +61 417 487 973
Email: Amanda.Saunders@bhpbilliton.com Rob Clifford
Tel: +44 20 7802 4131 Mobile: +44 7788 308 844
United Kingdom and South Africa Email: Rob.Clifford@bhpbilliton.com
Neil Burrows Elisa Morniroli
Tel: +44 207 802 7484 Tel: +44 20 7802 7611 Mobile: +44 7825 926 646
Email: Neil.Burrows@bhpbilliton.com Email: Elisa.Morniroli@bhpbilliton.com
North America Americas
Bronwyn Wilkinson James Wear
Mobile: +1 604 340 8753 Tel: +1 713 993 3737 Mobile: +1 347 882 3011
Email: Bronwyn.Wilkinson@bhpbilliton.com Email: James.Wear@bhpbilliton.com
BHP Billiton Limited ABN 49 004 028 077 BHP Billiton Plc Registration number 3196209
LEI WZE1WSENV6JSZFK0JC28 LEI 549300C116EOWV835768
Registered in Australia Registered in England and Wales
Registered Office: Level 18, 171 Collins Street Registered Office: Neathouse Place
Melbourne Victoria 3000 Australia London SW1V 1LH United Kingdom
Tel +61 1300 55 4757 Fax +61 3 9609 3015 Tel +44 20 7802 4000 Fax +44 20 7802 4111
Members of the BHP Billiton Group which is
headquartered in Australia
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