BHP Billiton Plc
ISIN: GB0000566504
SHARE CODE: BIL
SHARE CODE: BIL
NEWS RELEASE
Date 23 April 2003
BHP BILLITON SETTLES 2003 COKING COAL PRICES
BHP Billiton today announced commercial terms have been settled for the
majority of annually priced coking coal contracts for the year commencing
1 April 2003.
The pricing outcomes relate to the BHP Billiton Mitsubishi Alliance (BMA)
and BHP Mitsui Coal operations in Queensland, and the BHP Billiton
Illawarra Coal operations in New South Wales.
FOB returns for all brands of metallurgical coals have decreased by an
average of four per cent. The lower prices reflect market conditions
prevailing across most coal types.
Volumes are expected to remain steady.
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Further information can be found on our Internet site:
http://www.bhpbilliton.com
Australia United Kingdom
Andrew Nairn, Investor Relations Mark Lidiard, Investor & Media
Tel: +61 3 9609 3952 Relations
Mobile: +61 408 313 259 Tel: +44 20 7802 4156
email: Andrew.W.Nairn@bhpbilliton.com email:
Mark.Lidiard@bhpbilliton.com
Tracey Whitehead, Media Relations Ariane Gentil, Media Relations
Tel: +61 3 9609 4202 Tel: +44 20 7802 4177
Mobile: +61 419 404 978 email:
email: Ariane.Gentil@bhpbilliton.com
Tracey.Whitehead@bhpbilliton.com
United States South Africa
Francis McAllister, Investor Relations Michael Campbell, Investor & Media
Tel: +1 713 961 8625 Relations
Mobile: +1 713 480 3699 Tel: +27 11 376 3360
email: Mobile: +27 82 458 2587
Francis.R.McAllister@bhpbilliton.com email:
Michael.J.Campbell@bhpbilliton.com
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