BHP Billiton Plc - BHP Billiton Settles 2004 Coking Coal Prices
BHP Billiton Plc
Share code: BIL
ISIN: GB0000566504
BHP BILLITON SETTLES 2004 COKING COAL PRICES
BHP Billiton today announced it had settled commercial terms for the majority of
annually priced coking coal contracts relating 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 ($US) returns for all brands of metallurgical coals have increased by an
average of 28 per cent.
Sales volumes are expected to remain strong over the course of the contract
period, commencing 1 April 2004.
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email: Andrew.W.Nairn@bhpbilliton.com email: Mark.Lidiard@bhpbilliton.com
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