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BIL - BHP Billiton Plc - BHP Billiton production report for the half year

Release Date: 20/01/2011 07:08
Code(s): BIL
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BIL - BHP Billiton Plc - BHP Billiton production report for the half year ended 31 December 2010 BHP Billiton Plc Share code: BIL ISIN: GB0000566504 News Release 20 January 2011 02/11 BHP BILLITON PRODUCTION REPORT FOR THE HALF YEAR ENDED 31 DECEMBER 2010 * BHP Billiton continues to benefit from its consistent deployment of capital towards high quality growth projects, with three commodities and five businesses recording half yearly production records. * Record iron ore production and shipments were achieved for both the half year and quarter. Western Australia Iron Ore shipments rose to an annualised rate of 148 million tonnes per annum in the quarter (100% basis). * Other quarterly production records were achieved at Hunter Valley Energy Coal (Australia) and the Alumar refinery (Brazil), while both Olympic Dam (Australia) and Antamina (Peru) reported record milling rates. Record exports from Hunter Valley Energy Coal for the quarter and half year reflected first production from the MAC20 project. * Queensland Coal (Australia) production was significantly affected by the persistent rain and flooding that impacted the Bowen Basin during the period. In the December 2010 quarter, Queensland Coal production declined by 30% when compared with the September 2010 quarter, while sales declined by 15%. The decision to increase pumping and drainage capacity following severe wet weather in the March 2008 quarter has minimised inpit water accumulation, although heavy rainfall that persisted for much of the December 2010 half year has significantly restricted overburden removal. When combined with disruption to external infrastructure, we expect an ongoing impact on production, sales and unit costs for the remainder of the 2011 financial year. * Permitting delays in the Gulf of Mexico (USA) continue to impact our Petroleum operations, causing the deferral of drilling of high volume production wells. Our current expectation is that production volumes for the 2011 financial year will be in line with the 2010 financial year. Robust growth in developing economies remains the primary driver of commodity demand and further positive signs are emerging in the United States following the Federal Reserve`s ongoing efforts to stimulate the economy. When coupled with supply side constraint, which has been further exacerbated by weather related disruptions in countries such as Australia, Colombia and South Africa, BHP Billiton remains confident in the fundamentals for its core products. Petroleum DEC DEC DEC H10 DEC Q10 DEC Q10 2010 2010 Vs Vs vs HALF QTR DEC H09 DEC Q09 SEPT Q10
Crude Oil, Condensate and 48,944 23,494 0% -1% -8% Natural Gas Liquids (`000 bbl) Natural Gas (bcf) 188.37 82.54 -1% -9% -22% Total Petroleum Products 80.34 37.25 0% -4% -14% (million boe) Total Petroleum Production - Production was in line with the December 2009 half year as the successful ramp up of Pyrenees (Australia) was offset by the deferral of production well drilling in the Gulf of Mexico and severe flooding in Pakistan. Production was lower than the September 2010 quarter following lower than average seasonal demand in Eastern Australia and planned downtime activities at operated and non-operated facilities. Our current expectation is that production volumes for the 2011 financial year will be in line with the 2010 financial year. Crude Oil, Condensate, and Natural Gas Liquids - Production growth at Pyrenees in the December 2010 half year was offset by the drilling moratorium in the Gulf of Mexico and associated permitting delays. There were no weather related impacts in the Gulf of Mexico through the hurricane season. Natural Gas - Strong LNG production from North West Shelf (Australia) in the December 2010 half year was offset by severe flooding in Pakistan. Quarterly production was lower than comparable periods following a steeper than average decline in seasonal demand in Eastern Australia. Aluminium DEC DEC DEC H10 DEC Q10 DEC Q10 2010 2010 Vs Vs Vs
HALF QTR DEC H09 DEC Q09 SEPT Q10 Alumina (`000 tonnes) (a) 2,025 1,025 14% 9% 2% Aluminium (`000 tonnes) 628 314 0% 0% 0% Alumina - Production was higher than all comparable periods due to the ongoing ramp up of the Alumar refinery. Production in the December 2009 half year was impacted by an unplanned calciner outage at Worsley (Australia). Aluminium - Production across all operations was in line with comparable periods. Base Metals DEC DEC DEC H10 DEC Q10 DEC Q10 2010 2010 Vs Vs Vs HALF QTR DEC H09 DEC Q09 SEPT Q10
Copper (`000 tonnes) 593.5 302.3 7% 11% 4% Lead (tonnes) 134,066 64,925 8% 3% -6% Zinc (tonnes) 77,142 36,945 -27% -38% -8% Silver (`000 ounces) 23,723 11,571 6% -1% -5% Uranium Oxide Concentrate 1,967 957 33% 175% -5% (Uranium) (tonnes) Copper - Production was higher than all comparable periods and reflected solid performance across all operations, including record milling rates for Olympic Dam and Antamina. Additionally, the Pampa Norte Cerro Colorado (Chile) operation reported record milling rates for the December 2010 half year. The December 2009 quarter was impacted by the Clark Shaft outage at Olympic Dam and industrial action at the Pampa Norte Spence (Chile) operation. Escondida (Chile) continues to expect production for the 2011 financial year to decline by five to 10 per cent when compared with the 2010 financial year, mainly due to lower ore grades. At 31 December 2010, the Group had 287,276 tonnes of outstanding copper sales that were revalued at a weighted average price of US$4.30 per pound. The final price of these sales will be determined over the remainder of the 2011 financial year. In addition, 236,584 tonnes of copper sales from the 2010 financial year were subject to a finalisation adjustment in the current period. The finalisation adjustment and provisional pricing impact as at 31 December 2010 will increase earnings(b) by US$667 million for the period. Lead/Silver - Cannington (Australia) production was higher than the December 2009 half year with stronger grades more than offsetting lower milling rates due to planned maintenance. Zinc - Production decreased in the December 2010 quarter as the Antamina mine plan progressed through a copper rich ore zone. Uranium - Olympic Dam achieved record ore hoisting rates for the December 2010 half year following the successful repair of the Clark Shaft. Lower uranium grades and planned maintenance impacted production during the quarter. Diamonds & Specialty Products DEC DEC DEC H10 DEC Q10 DEC Q10
2010 2010 Vs Vs Vs HALF QTR DEC H09 DEC Q09 SEPT Q10 Diamonds (`000 carats) 1,379 676 -10% -11% -4% Diamonds - Production for the December 2010 quarter was lower than both comparable periods due to a decrease in ore processed and lower average grade. Production continues to be influenced by the variability of ore sources due to the mix of open pit and underground mining. Stainless Steel Materials DEC DEC DEC H10 DEC Q10 DEC Q10 2010 2010 Vs Vs Vs HALF QTR DEC H09 DEC Q09 SEPT Q10 Nickel (`000 tonnes) (c) 81.5 43.0 -3% -12% 12% Nickel - Contained nickel production was marginally lower than the December 2009 half year, which included the drawdown of accumulated Nickel West (Australia) concentrate stocks. Metal volumes were impacted by the disruption of hydrogen and nitrogen gas supply at the Nickel West Kwinana refinery (Australia), however this was offset by the increased export of nickel in matte production. As announced previously, Cerro Matoso (Colombia) production will be impacted for nine months due to the planned replacement of one of its two furnaces, commencing in the second half of the 2011 financial year. Iron Ore DEC DEC DEC H10 DEC Q10 DEC Q10 2010 2010 Vs vs vs
HALF QTR DEC H09 DEC Q09 SEPT Q10 Iron Ore (`000 tonnes) 65,649 33,666 5% 4% 5% Iron Ore - Record production and shipments were achieved for both the half year and quarter ended December 2010 despite the impact of ongoing tie-in activities related to its growth projects. Western Australia Iron Ore shipments rose to an annualised rate of 148 million tonnes per annum in the quarter (100% basis). Samarco (Brazil) continued to operate above nameplate capacity during the period, recording strong performance across all three pellet plants. BHP Billiton remains committed to its long term customer relationships and the transition to shorter term market based pricing. Manganese DEC DEC DEC H10 DEC Q10 DEC Q10 2010 2010 Vs vs vs HALF QTR DEC H09 DEC Q09 SEPT Q10 Manganese Ore (`000 tonnes) 3,951 1,829 47% 19% -14% Manganese Alloy (`000 tonnes) 391 192 102% 47% -4% Manganese Ore - Half year production records were achieved for manganese ore and at GEMCO (Australia), facilitated by a significant improvement in market demand when compared with the December 2009 half year. Production was lower than the September 2010 quarter and reflected safety related downtime at Hotazel (South Africa) and wet weather impacts at GEMCO. Record sales for the December quarter benefited from inventory that was accumulated in the prior quarter when port maintenance was undertaken at GEMCO. Manganese Alloy - Production in the December 2010 quarter was broadly in line with the September 2010 quarter. Record manganese alloy sales were also achieved during the quarter. Metallurgical Coal DEC DEC DEC H10 DEC Q10 DEC Q10 2010 2010 vs vs vs HALF QTR DEC H09 DEC Q09 SEPT Q10
Metallurgical Coal (`000 tonnes) 18,086 7,787 -1% -12% -24% Metallurgical Coal - Queensland Coal production was significantly affected by the persistent rain and flooding that impacted the Bowen Basin in the December 2010 half year. In the December 2010 quarter, Queensland Coal production declined by 30 per cent when compared with the September 2010 quarter. The decline in Queensland Coal sales, however, was limited to 15 per cent and benefited from the relatively healthy level of inventory that was held across our supply chain at the commencement of the quarter. BHP Billiton continues to assess the impact of the extreme weather events and confirms that force majeure has been declared for the majority of our Bowen Basin products, including Goonyella Riverside, Peak Downs, Norwich Park, Gregory Crinum, South Walker and Blackwater. The decision to increase pumping and drainage capacity following severe wet weather in the March 2008 quarter has minimised inpit water accumulation, although heavy rainfall that persisted for much of the December 2010 half year has significantly restricted overburden removal. When combined with disruption to external infrastructure, we expect an ongoing impact on production, sales and unit costs for the remainder of the 2011 financial year. Illawarra (Australia) recorded another quarter of robust production. Two longwall moves are expected to constrain volumes in the March 2011 quarter. Energy Coal DEC DEC DEC H10 DEC Q10 DEC Q10 2010 2010 vs vs vs HALF QTR DEC H09 DEC Q09 SEPT Q10
Energy Coal (`000 tonnes) 33,619 16,513 0% 7% -3% Energy Coal - Production was higher than the December 2009 quarter having benefited from the start up of the MAC20 project at Hunter Valley Energy Coal and the ongoing ramp up of Klipspruit (South Africa). Record rainfall continued to constrain production at Cerrejon Coal (Colombia). Production was lower than the September 2010 quarter and largely reflected an unplanned outage at New Mexico Coal (USA). Record exports from Hunter Valley Energy Coal for the quarter and half year, which included a greater proportion of high ash sales, reflected first production from the MAC20 project and the ongoing ramp up of the Newcastle Coal Infrastructure Group (NCIG) port facilities. The increase in sales is occurring as operations are experiencing adverse movements in currency markets, particularly in South Africa and Australia, and additional operating costs ahead of full production from the delivery of growth projects. (a) Excluding Suriname which was sold effective 31 July 2009. (b) Earnings before interest and tax. (c) Excluding Yabulu which was sold effective 31 July 2009. Throughout this report, unless otherwise stated, production volumes refer to BHP Billiton share and exclude suspended and sold operations. **** Further information on BHP Billiton can be found on our Internet site: www.bhpbilliton.com. Australia Brendan Harris, Investor Relations Tel: +61 3 9609 4323 Mobile: +61 437 134 814 email: Brendan.Harris@bhpbilliton.com Leng Lau, Investor Relations Tel: +61 3 9609 4202 Mobile: +61 403 533 706 email: Leng.Y.Lau@bhpbilliton.com Amanda Buckley, Media Relations Tel: +61 3 9609 2209 Mobile: +61 419 801 349 email: Amanda.Buckley@bhpbilliton.com Kelly Quirke, Media Relations Tel: +61 3 9609 2896 Mobile: +61 429 966 312 email: Kelly.Quirke@bhpbilliton.com Fiona Martin, Media Relations Tel: +61 3 9609 2211 Mobile: +61 427 777 908 email: Fiona.Martin2@bhpbilliton.com United Kingdom & South Africa Andre Liebenberg, Investor Relations Tel: +44 20 7802 4131 Mobile: +44 7920 236 974 email: Andre.Liebenberg@bhpbilliton.com United Kingdom & Americas Ruban Yogarajah, Media Relations Tel: US +1 713 966 2907 or UK +44 20 7802 4033 Mobile: UK +44 7827 082 022 email: Ruban.Yogarajah@bhpbilliton.com Americas Scott Espenshade, Investor Relations Tel: +1 713 599 6431 Mobile: +1 713 208 8565 email: Scott.Espenshade@bhpbilliton.com BHP Billiton Limited ABN 49 004 028 077 Registered in Australia Registered Office: 180 Lonsdale Street Melbourne Victoria 3000 Australia Tel +61 1300 55 4757 Fax +61 3 9609 3015 BHP Billiton Plc Registration number 3196209 Registered in England and Wales Registered Office: Neathouse Place London SW1V 1BH United Kingdom Tel +44 20 7802 4000 Fax +44 20 7802 4111 Members of the BHP Billiton group which is headquartered in Australia BHP BILLITON PRODUCTION SUMMARY - CONTINUING OPERATIONS QUARTER ENDED HALF YEAR ENDED % CHANGE DEC DEC DEC H10 Q10 Q10 DEC SEPT DEC DEC DEC vs vs vs
2009 2010 2010 2010 2009 DEC DEC SEPT H09 Q09 Q10 PETROLEUM Crude oil & (`000 1% 1% -6% condensate bbl) 20,506 22,087 20,652 42,739 42,154 Natural gas (bcf) -1% -9% -22% 91.15 105.83 82.54 188.37 189.32 Natural gas (`000 -9% -9% -15% liquid bbl) 3,113 3,363 2,842 6,205 6,798 Total (million 0% -4% -14% Petroleum boe) 38.81 43.09 37.25 80.34 80.51 Products ALUMINIUM Alumina (a) (`000 14% 9% 2% tonnes) 939 1,000 1,025 2,025 1,780 Aluminium (`000 0% 0% 0% tonnes) 313 314 314 628 626 BASE METALS Copper (`000 7% 11% 4% tonnes) 271.1 291.2 302.3 593.5 555.0
Lead (tonnes) 8% 3% -6% 63,073 69,141 64,925 134,066 124,443 Zinc (tonnes) -27% -38% -8% 59,835 40,197 36,945 77,142 106,260
Gold (ounces) 19% 15% 5% 45,041 49,361 51,626 100,987 84,952 Silver (`000 6% -1% -5% ounces) 11,689 12,152 11,571 23,723 22,458
Uranium oxide (tonnes) 33% 175% -5% concentrate 348 1,010 957 1,967 1,478 Molybdenum (tonnes) 96% 329% 133% 113 208 485 693 354
DIAMONDS AND SPECIALTY PRODUCTS Diamonds (`000 -10% -11% -4% carats) 760 703 676 1,379 1,540
STAINLESS STEEL MATERIALS Nickel (b) (`000 -3% -12% 12% tonnes) 49.0 38.5 43.0 81.5 84.4 IRON ORE Iron ore (`000 5% 4% 5% tonnes) 32,449 31,983 33,666 65,649 62,555
MANGANESE Manganese ore (`000 47% 19% -14% tonnes) 1,537 2,122 1,829 3,951 2,693 Manganese (`000 102% 47% -4% alloy tonnes) 131 199 192 391 194 METALLURGICAL COAL Metallurgical (`000 -1% -12% -24% coal tonnes) 8,893 10,299 7,787 18,086 18,297 ENERGY COAL Energy coal (`000 0% 7% -3% tonnes) 15,460 17,106 16,513 33,619 33,519
(a) Excluding Suriname which was sold effective 31 July 2009. (b) Excluding Yabulu which was sold effective 31 July 2009. Throughout this report figures in italics indicate that this figure has been adjusted since it was previously reported. BHP BILLITON ATTRIBUTABLE PRODUCTION QUARTER ENDED HALF YEAR ENDED BHP DEC MAR JUNE SEPT DEC DEC DEC
Billiton Interest 2009 2010 2010 2010 2010 2010 2009 PETROLEUM Production Crude oil & condensate 20,506 19,736 22,497 22,087 20,652 42,739 42,154 (`000 bbl) Natural gas (bcf) 91.15 88.27 90.98 105.83 82.54 188.37 189.32 NGL (`000 bbl) (a) 3,113 2,769 3,182 3,363 2,842 6,205 6,798 Total Petroleum Products (million boe) 38.81 37.21 40.84 43.09 37.25 80.34 80.51 ALUMINIUM ALUMINA Production (`000 tonnes) Worsley 86% 755 811 779 756 758 1,514 1,464 Suriname (b) 45% - - - - - - 78 Alumar 36% 184 210 183 244 267 511 316 Total 939 1,021 962 1,000 1,025 2,025 1,858 ALUMINIUM Production (`000 tonnes) Hillside 100% 180 174 177 180 179 359 359 Bayside 100% 25 24 24 24 25 49 50
Alumar 40% 43 44 43 44 43 87 87 Mozal 47% 65 64 65 66 67 133 130
Total 313 306 309 314 314 628 626 BASE METALS (c) COPPER Payable metal in concentrate (`000 tonnes) Escondida 57.5% 130.6 101.5 113.2 110.7 112.7 223.4 233.4 Antamina 33.8% 26.6 22.4 25.3 23.2 27.2 50.4 50.9
Total 157.2 123.9 138.5 133.9 139.9 273.8 284.3 Cathode (`000 tonnes) Escondida 57.5% 45.9 36.2 44.2 45.0 47.1 92.1 93.8 Pampa Norte 100% (d) 40.4 65.2 69.6 66.4 66.0 132.4 110.0 Pinto Valley 100% 1.5 1.6 1.5 1.4 1.5 2.9 3.1 Olympic Dam 100% 26.1 2.2 37.3 44.5 47.8 92.3 63.8
Total 113.9 105.2 152.6 157.3 162.4 319.7 270.7 LEAD Payable metal in concentrate (tonnes) Cannington 100% 61,701 60,577 62,288 68,529 64,748 133,277 122,580
Antamina 33.8% 1,372 550 628 612 177 789 1,863 Total 63,073 61,127 62,916 69,141 64,925 134,066 124,443
ZINC Payable metal in concentrate (tonnes) Cannington 100% 18,324 15,257 13,935 15,260 14,920 30,180 33,514 Antamina 33.8% 41,511 31,340 31,487 24,937 22,025 46,962 72,746
Total 59,835 46,597 45,422 40,197 36,945 77,142 106,260 Refer footnotes on page 4. BASE METALS (continued) GOLD Payable metal in concentrate (ounces) Escondida 57.5% 20,924 20,010 21,586 24,807 23,133 47,940 34,829 Olympic Dam 100% (refined 24,117 1,652 13,719 24,554 28,493 53,047 50,123 gold) Total 45,041 21,662 35,305 49,361 51,626 100,987 84,952 SILVER Payable metal in concentrate (`000 ounces) Escondida 57.5% 825 794 743 803 796 1,599 1,337
Antamina 33.8% 1,360 1,079 1,234 989 1,025 2,014 2,399 Cannington 100% 9,334 9,605 9,324 10,159 9,509 19,668 18,347
Olympic Dam 100% (refined 170 13 112 201 241 442 375 silver) Total 11,689 11,491 11,413 12,152 11,571 23,723 22,458 URANIUM OXIDE CONCENTRATE Payable metal in concentrate (tonnes) Olympic Dam 100% 348 89 712 1,010 957 1,967 1,478
Total 348 89 712 1,010 957 1,967 1,478 MOLYBDENUM Payable metal in concentrate (tonnes) Antamina 33.8% 113 190 269 208 485 693 354
Total 113 190 269 208 485 693 354 DIAMONDS AND SPECIALTY PRODUCTS DIAMONDS Production (`000 carats) EkatiTM 80% 760 770 740 703 676 1,379 1,540 STAINLESS STEEL MATERIALS NICKEL Production (`000 tonnes) CMSA 99.9% 13.0 11.6 13.0 12.4 12.4 24.8 25.0 Yabulu (e) 100% - - - - - - 2.8 Nickel West 100% 36.0 31.7 32.7 26.1 30.6 56.7 59.4 Total 49.0 43.3 45.7 38.5 43.0 81.5 87.2 Refer footnotes on page 4. IRON ORE Production (`000 tonnes) (f) Newman (g) 85% 8,174 7,896 8,478 9,640 11,213 20,853 15,723
Goldsworthy 85% Joint 417 421 422 384 225 609 845 Venture Area C Joint 85% Venture 10,207 9,524 9,767 10,086 10,154 20,240 19,396 Yandi Joint 85% Venture 10,885 10,549 9,768 8,787 9,078 17,865 21,079 Samarco 50% 2,766 2,774 2,808 3,086 2,996 6,082 5,512 Total 32,449 31,164 31,243 31,983 33,666 65,649 62,555 MANGANESE MANGANESE ORES Saleable production (`000 tonnes) South Africa 60% (h) 664 781 845 938 779 1,717 1,092 Australia 60% (h) 873 929 876 1,184 1,050 2,234 1,601 Total 1,537 1,710 1,721 2,122 1,829 3,951 2,693 MANGANESE ALLOYS Saleable production (`000 tonnes) South Africa 60% (h) (i) 76 106 152 132 123 255 106 Australia 60% (h) 55 65 66 67 69 136 88 Total 131 171 218 199 192 391 194 METALLURGICAL COAL Production (`000 tonnes) (j) BMA 50% 5,609 5,871 7,101 6,538 4,534 11,072 11,431
BHP Mitsui 80% Coal (k) 1,829 1,251 1,766 1,913 1,421 3,334 3,426 Illawarra 100% 1,455 1,035 2,060 1,848 1,832 3,680 3,440
Total 8,893 8,157 10,927 10,299 7,787 18,086 18,297 ENERGY COAL Production (`000 tonnes) South Africa 100% 7,382 7,741 7,237 8,997 8,507 17,504 15,481 USA 100% 2,978 2,925 3,413 3,177 2,296 5,473 7,140 Australia 100% 2,887 3,177 2,802 2,506 3,394 5,900 6,060 Colombia 33% 2,213 2,499 2,818 2,426 2,316 4,742 4,838 Total 15,460 16,342 16,270 17,106 16,513 33,619 33,519 (a) LPG and Ethane are reported as Natural Gas Liquid (NGL). Product-specific conversions are made and NGL is reported in barrels of oil equivalent (boe). (b) Suriname was sold effective 31 July 2009. (c) Metal production is reported on the basis of payable metal. (d) Includes Cerro Colorado and Spence. (e) Yabulu was sold effective 31 July 2009. (f) Iron ore production is reported on a wet tonnes basis. (g) Newman includes Mt Newman Joint Venture and Jimblebar. (h) Shown on 100% basis. BHP Billiton interest in saleable production is 60%. (i) Production includes Medium Carbon Ferro Manganese. (j) Metallurgical coal production is reported on the basis of saleable product. Production figures include some thermal coal. (k) Shown on 100% basis. BHP Billiton interest in saleable production is 80%. PRODUCTION AND SHIPMENT REPORT QUARTER ENDED HALF YEAR ENDED DEC MAR JUNE SEPT DEC DEC DEC
2009 2010 2010 2010 2010 2010 2009 PETROLEUM BHP Billiton attributable production unless otherwise stated. CRUDE OIL & CONDENSATE (`000 barrels) Bass Strait 3,031 2,779 2,886 2,711 2,553 5,264 6,532 North West Shelf 2,362 2,328 1,977 2,237 2,188 4,425 4,667 Stybarrow 979 433 784 551 358 909 2,307 Pyrenees (a) - 1,530 5,071 5,516 5,362 10,878 - Other Australia (b) 46 15 13 15 10 25 218 Atlantis (c) 4,301 3,792 3,221 3,038 2,881 5,919 8,931 Mad Dog (c) 906 1,219 1,120 1,075 874 1,949 2,174 Shenzi (c) (d) 5,528 4,421 4,416 3,916 3,859 7,775 10,529 Trinidad /Tobago 398 407 349 285 - 285 843 Other Americas (c) (e) 453 403 370 359 430 789 926 UK 677 767 615 611 479 1,090 1,306 Algeria 1,717 1,543 1,587 1,686 1,587 3,273 3,510 Pakistan 108 99 88 87 71 158 211 Total 20,506 19,736 22,497 22,087 20,652 42,739 42,154 NATURAL GAS (billion cubic feet) Bass Strait 24.20 18.81 30.02 38.81 20.94 59.75 55.51 North West Shelf 33.98 35.34 31.24 36.49 36.47 72.96 66.84 Other Australia (b) 5.47 5.60 4.99 6.00 3.83 9.83 11.30 Atlantis (c) 1.55 1.70 0.47 1.33 1.07 2.40 3.84 Mad Dog (c) 0.14 0.29 0.12 0.25 0.06 0.31 0.44 Shenzi (c) (d) 1.21 1.07 1.27 0.75 0.77 1.52 2.63 Other Americas (c) (e) 1.46 1.32 1.45 1.40 1.32 2.72 3.08 UK 5.08 7.36 6.03 6.31 6.14 12.45 10.28 Pakistan 18.06 16.78 15.39 14.49 11.94 26.43 35.40 Total 91.15 88.27 90.98 105.83 82.54 188.37 189.32 NGL (`000 barrels) Bass Strait 1,572 1,376 1,817 2,030 1,412 3,442 3,652 North West Shelf 464 478 425 471 442 913 902
Atlantis (c) 290 227 212 188 177 365 563 Mad Dog (c) 40 45 47 42 42 84 89
Shenzi (c) (d) 351 275 265 196 336 532 640 Other Americas (c) (e) 45 43 41 42 54 96 99 UK - 49 90 60 74 134 51 Algeria 351 276 285 334 305 639 802
Total 3,113 2,769 3,182 3,363 2,842 6,205 6,798 TOTAL PETROLEUM PRODUCTS (million barrels of oil 38.81 37.21 40.84 43.09 37.25 80.34 80.51 equivalent) (f) (a) Pyrenees achieved first production on 1 March 2010. (b) Other Australia includes Griffin and Minerva. Griffin ceased production on 23 October 2009. (c) Gulf of Mexico volumes are net of royalties. (d) The Genghis Khan operation is reported in Shenzi. (e) Other Americas includes Neptune, West Cameron 76, Mustang, Genesis and Starlifter. (f) Total barrels of oil equivalent (boe) conversions are based on 6000scf of natural gas equals 1 boe. PRODUCTION AND SHIPMENT REPORT QUARTER ENDED HALF YEAR
ENDED DEC MAR JUNE SEPT DEC DEC DEC 2009 2010 2010 2010 2010 2010 2009 ALUMINIUM BHP Billiton attributable production and sales unless otherwise stated. (`000 tonnes) ALUMINA Production Worsley, Australia 755 811 779 756 758 1,514 1,464 Paranam, Suriname (a) - - - - - - 78
Alumar, Brazil 184 210 183 244 267 511 316 Total 939 1,021 962 1,000 1,025 2,025 1,858
Sales Worsley, Australia 773 735 822 767 735 1,502 1,489 Paranam, Suriname (a) - - - - - - 74 Alumar, Brazil 180 218 175 239 271 510 334 Total (b) 953 953 997 1,006 1,006 2,012 1,897 ALUMINIUM Production Hillside, South Africa 180 174 177 180 179 359 359 Bayside, South Africa 25 24 24 24 25 49 50 Alumar, Brazil 43 44 43 44 43 87 87 Mozal, Mozambique 65 64 65 66 67 133 130 Total 313 306 309 314 314 628 626 Sales Hillside, South Africa 203 172 169 148 160 308 350
Bayside, South Africa 27 25 32 29 31 60 53 Alumar, Brazil 45 43 48 44 43 87 89
Mozal, Mozambique 56 58 78 55 76 131 123 Total 331 298 327 276 310 586 615
Tolling Agreement (b) - - - - - - 15 331 298 327 276 310 586 630
(a) Suriname was sold effective 31 July 2009. (b) Equity Alumina from Suriname was converted into Aluminium under a third party tolling agreement. These tonnages were allocated to equity sales. This Aluminium is now treated as third party product following the sale of Suriname. PRODUCTION AND SHIPMENT REPORT QUARTER ENDED HALF YEAR ENDED
DEC MAR JUNE SEPT DEC DEC DEC 2009 2010 2010 2010 2010 2010 2009 BASE METALS BHP Billiton attributable production and sales unless otherwise stated. Metals production is payable metal unless otherwise stated. Escondida, Chile Material (`000 mined tonnes) 101 103,216 109,098 103,841 98,167 202,008 204,328 (100%) ,97 6 Sulphide (`000 ore tonnes) 20, 17,697 17,711 19,697 18,789 38,486 36,470 milled 246 (100%) Average (%) 1.3 1.29% 1.40% 1.24% 1.26% 1.25% 1.39% copper 8% grade Producti (`000 on ex tonnes) 233 189.6 205.3 197.7 194.6 392.3 421.4 Mill .0 (100%) Producti on Payable (`000 copper tonnes) 130 101.5 113.2 110.7 112.7 223.4 233.4 .6 Payable (fine gold ounces) 20, 20,010 21,586 24,807 23,133 47,940 34,829 concentr 924 ate Copper (`000 cathode tonnes) 45. 36.2 44.2 45.0 47.1 92.1 93.8 (EW) 9 Payable (`000 silver ounces) 825 794 743 803 796 1,599 1,337 concentr ate Sales Payable (`000 copper tonnes) 144 100.4 106.4 114.8 113.9 228.7 233.2 .3 Payable (fine gold ounces) 23, 20,390 20,604 25,661 23,357 49,018 35,022 concentr 031 ate Copper (`000 cathode tonnes) 51. 40.3 45.0 40.0 46.1 86.1 91.8 (EW) 1 Payable (`000 silver ounces) 910 786 714 831 804 1,635 1,351 concentr ate Pampa Norte, Chile Cerro Colorado Material (`000 mined tonnes) 16, 14,513 15,828 15,644 18,290 33,934 33,605 586 Ore (`000 milled tonnes) 4,3 4,367 4,707 4,584 4,631 9,215 8,072 14
Average (%) 0.7 0.72% 0.67% 0.73% 0.76% 0.75% 0.78% copper 7% grade Producti on Copper (`000 cathode tonnes) 21. 20.2 24.8 21.7 22.4 44.1 40.2 (EW) 6 Sales Copper (`000 cathode tonnes) 21. 20.7 22.4 21.4 24.7 46.1 39.5 (EW) 2 Spence Material (`000 mined tonnes) 3,8 18,739 19,191 17,148 18,389 35,537 22,911 00
Ore (`000 milled tonnes) 1,1 4,917 4,389 4,427 4,567 8,994 5,860 90 Average (%) 1.2 1.34% 1.29% 1.22% 1.22% 1.22% 1.48% copper 2% grade Producti on Copper (`000 cathode tonnes) 18. 45.0 44.8 44.7 43.6 88.3 69.8 (EW) 8 Sales Copper (`000 cathode tonnes) 32. 40.3 49.5 37.0 48.2 85.2 74.9 (EW) 7 Antamina, Peru Material (`000 mined tonnes) 29, 26,705 30,014 30,599 32,722 63,321 57,056 (100%) 485 Sulphide (`000 ore tonnes) 8,9 8,791 9,328 9,041 9,347 18,388 17,283 milled 62 (100%) Average head grades - (%) 1.1 1.02% 0.99% 0.93% 1.06% 1.00% 1.13% Copper 5% - Zinc (%) 2.0 1.59% 1.53% 1.35% 1.11% 1.23% 1.85% 4% Producti on Payable (`000 copper tonnes) 26. 22.4 25.3 23.2 27.2 50.4 50.9 6
Payable (tonnes) zinc 41, 31,340 31,487 24,937 22,025 46,962 72,746 511 Payable (`000 silver ounces) 1,3 1,079 1,234 989 1,025 2,014 2,399 60 Payable (tonnes) lead 1,3 550 628 612 177 789 1,863 72 Payable (tonnes) molybden 113 190 269 208 485 693 354 um Sales Payable (`000 copper tonnes) 26. 20.3 24.3 27.7 21.8 49.5 52.2 6
Payable (tonnes) zinc 40, 33,030 34,643 23,937 24,912 48,849 70,913 280 Payable (`000 silver ounces) 1,1 965 893 1,242 882 2,124 2,214 35 Payable (tonnes) lead 703 830 431 748 503 1,251 2,410 Payable (tonnes) molybden 107 148 203 438 292 730 371 um Cannington , Australia Material (`000 mined tonnes) 839 714 837 742 824 1,566 1,679 Ore (`000 milled tonnes) 859 708 776 831 760 1,591 1,657 Average head grades - (g/t) Silver 405 494 441 447 459 453 411 - Lead (%) 8.5 10.0% 9.4% 9.6% 9.9% 9.7% 8.7% % - Zinc (%) 3.4 3.5% 3.1% 3.0% 3.3% 3.1% 3.3% % Producti on Payable (`000 silver ounces) 9,3 9,605 9,324 10,159 9,509 19,668 18,347 34
Payable (tonnes) lead 61, 60,577 62,288 68,529 64,748 133,277 122,580 701 Payable (tonnes) zinc 18, 15,257 13,935 15,260 14,920 30,180 33,514 324 Sales Payable (`000 silver ounces) 9,6 8,268 11,280 9,219 9,973 19,192 17,630 52 Payable (tonnes) lead 66, 51,745 74,341 63,091 67,815 130,906 119,866 088 Payable (tonnes) zinc 19, 18,243 16,029 12,477 16,621 29,098 30,463 766
Olympic Dam, Australia Material (`000 mined tonnes) 734 689 1,363 2,710 2,513 5,223 3,213 (a) Ore (`000 milled tonnes) 717 234 1,685 2,505 2,622 5,127 3,170 Average (%) 1.9 2.33% 1.94% 1.91% 1.78% 1.84% 1.77% copper 9% grade Average kg/t uranium 0.5 0.57 0.58 0.54 0.50 0.52 0.58 grade 8 Producti on Copper (`000 cathode tonnes) 25. 1.9 34.9 41.6 45.0 86.6 59.5 (ER) 0 Copper (`000 cathode tonnes) 1.1 0.3 2.4 2.9 2.8 5.7 4.3 (EW) Uranium (tonnes) oxide 348 89 712 1,010 957 1,967 1,478 concentr ate Refined (fine gold ounces) 24, 1,652 13,719 24,554 28,493 53,047 50,123 117 Refined (`000 silver ounces) 170 13 112 201 241 442 375 Sales Copper (`000 cathode tonnes) 23. 6.1 29.3 42.2 45.3 87.5 59.8 (ER) 7 Copper (`000 cathode tonnes) 1.5 0.7 1.5 2.8 2.9 5.7 4.7 (EW) Uranium (tonnes) oxide 1,5 182 122 751 1,121 1,872 2,077 concentr 40 ate Refined (fine gold ounces) 22, 5,980 10,811 18,914 29,757 48,671 47,719 666 Refined (`000 silver ounces) 198 46 49 201 150 351 371 (a) Material mined refers to run of mine ore mined and hoisted. Pinto Valley, USA Productio n Copper (`000 cathode tonnes) 1.5 1.6 1.5 1.4 1.5 2.9 3.1 (EW) Sales Copper (`000 cathode tonnes) 1.6 1.1 1.5 1.8 1.0 2.8 2.9 (EW) PRODUCTION AND SHIPMENT REPORT QUARTER ENDED HALF YEAR ENDED DEC MAR JUNE SEPT DEC DEC DEC
2009 2010 2010 2010 2010 2010 2009 DIAMONDS AND SPECIALTY PRODUCTS BHP Billiton attributable production and sales unless otherwise stated. DIAMONDS EkatiTM, Canada Ore Processed (`000 (100%) tonnes) 1,216 1,256 1,235 1,196 1,162 2,358 2,439 Production (`000 carats) 760 770 740 703 676 1,379 1,540 PRODUCTION AND SHIPMENT REPORT QUARTER ENDED HALF YEAR
ENDED DEC MAR JUNE SEPT DEC DEC DEC 2009 2010 2010 2010 2010 2010 2009 STAINLESS STEEL MATERIALS BHP Billiton attributable production and sales unless otherwise stated. (`000 tonnes) NICKEL CMSA, Colombia Production 13.0 11.6 13.0 12.4 12.4 24.8 25.0 Sales 11.4 13.4 12.5 12.0 12.8 24.8 22.8
Yabulu, Australia (a) Production Nickel metal - - - - - - 2.8
Cobalt - - - - - - 0.1 Sales Nickel metal - - - - - - 2.2 Cobalt - - - - - - 0.1 (a) Yabulu was sold effective 31 July 2009. Nickel West, Australia Production Nickel contained in concentrate 5.3 7.1 6.1 0.9 1.7 2.6 9.4 Nickel contained in finished matte 13.0 10.6 15.7 13.6 21.8 35.4 18.0 Nickel metal 17.7 14.0 10.9 11.6 7.1 18.7 32.0 Nickel production 36.0 31.7 32.7 26.1 30.6 56.7 59.4 Sales Nickel contained in concentrate 5.2 7.0 6.3 1.6 0.8 2.4 9.1 Nickel contained in finished matte 11.8 10.8 15.2 14.6 19.9 34.5 15.5 Nickel metal 17.5 14.9 9.2 12.2 9.6 21.8 31.6 Nickel sales 34.5 32.7 30.7 28.4 30.3 58.7 56.2
PRODUCTION AND SHIPMENT REPORT QUARTER ENDED HALF YEAR ENDED
DEC MAR JUNE SEPT DEC DEC DEC 2009 2010 2010 2010 2010 2010 2009 IRON ORE BHP Billiton attributable production and sales unless otherwise stated. (`000 tonnes) IRON ORE (a) Pilbara, Australia Production Newman (b) 8,174 7,896 8,478 9,640 11,213 20,853 15,723 Goldsworthy Joint Venture 417 421 422 384 225 609 845 Area C Joint Venture 10,207 9,524 9,767 10,086 10,154 20,240 19,396 Yandi Joint Venture 10,885 10,549 9,768 8,787 9,078 17,865 21,079
Total (BHP Billiton share) 29,683 28,390 28,435 28,897 30,670 59,567 57,043 Total production (100%) 34,921 33,400 33,452 33,996 36,082 70,078 67,109 Shipments Lump 8,141 8,071 7,135 7,822 7,830 15,652 15,980 Fines 20,787 19,974 21,512 21,049 23,870 44,919 40,719 Total (BHP Billiton share) 28,928 28,045 28,647 28,871 31,700 60,571 56,699 Total sales (100%) 34,033 32,994 33,703 33,966 37,294 71,260 66,705 (a) Iron ore production and shipments are reported on a wet tonnes basis. (b) Newman includes Mt Newman Joint Venture and Jimblebar. Samarco, Brazil Production 2,766 2,774 2,808 3,086 2,996 6,082 5,512 Shipments 2,933 2,594 2,591 2,634 3,460 6,094 6,009
PRODUCTION AND SHIPMENT REPORT QUARTER ENDED HALF YEAR ENDED DEC MAR JUNE SEPT DEC DEC DEC
2009 2010 2010 2010 2010 2010 2009 MANGANESE BHP Billiton attributable production and sales unless otherwise stated. (`000 tonnes) MANGANESE ORE South Africa (a) Saleable production 664 781 845 938 779 1,717 1,092
Sales 751 741 929 657 947 1,604 1,463 Australia (a) Saleable production 873 929 876 1,184 1,050 2,234 1,601 Sales 985 835 974 552 1,173 1,725 1,823 MANGANESE ALLOY South Africa (a) (b) Saleable production 76 106 152 132 123 255 106 Sales 66 77 101 95 153 248 167 Australia (a) Saleable production 55 65 66 67 69 136 88
Sales 68 54 75 53 68 121 128 (a) Shown on 100% basis. BHP Billiton interest in saleable production is 60%. (b) Production includes Medium Carbon Ferro Manganese. PRODUCTION AND SHIPMENT REPORT QUARTER ENDED HALF YEAR
ENDED DEC MAR JUNE SEPT DEC DEC DEC 2009 2010 2010 2010 2010 2010 2009 METALLURGICAL COAL BHP Billiton attributable production and sales unless otherwise stated. (`000 tonnes) METALLURGICAL COAL (a) Queensland, Australia Production BMA Blackwater 1,500 1,254 1,627 1,458 1,134 2,592 2,852
Goonyella 1,548 1,667 1,946 1,863 1,086 2,949 3,055 Peak Downs 817 1,030 1,298 1,117 984 2,101 2,004
Saraji 726 965 932 872 819 1,691 1,505 Norwich Park 575 375 528 468 73 541 967
Gregory Joint Venture 443 580 770 760 438 1,198 1,048 BMA total 5,609 5,871 7,101 6,538 4,534 11,072 11,431
BHP Mitsui Coal (b) South Walker Creek 1,063 697 1,028 1,056 765 1,821 1,884 Poitrel 766 554 738 857 656 1,513 1,542 BHP Mitsui Coal total 1,829 1,251 1,766 1,913 1,421 3,334 3,426 Queensland total 7,438 7,122 8,867 8,451 5,955 14,406 14,857 Shipments Coking coal 5,935 4,836 7,268 6,641 5,243 11,884 11,660
Weak coking coal 1,778 1,356 2,109 1,653 1,886 3,539 3,391 Thermal coal 204 385 339 368 206 574 657
Total 7,917 6,577 9,716 8,662 7,335 15,997 15,708 (a) Metallurgical coal production is reported on the basis of saleable product. Production figures include some thermal coal. (b) Shown on 100% basis. BHP Billiton interest in saleable production is 80%. Illawarra, Australia Production 1,455 1,035 2,060 1,848 1,832 3,680 3,440 Shipments Coking coal 1,408 980 1,652 1,388 1,495 2,883 3,505
Thermal coal 250 109 213 362 536 898 409 Total 1,658 1,089 1,865 1,750 2,031 3,781 3,914
PRODUCTION AND SHIPMENT REPORT QUARTER ENDED HALF YEAR ENDED
DEC MAR JUNE SEPT DEC DEC DEC 2009 2010 2010 2010 2010 2010 2009 ENERGY COAL BHP Billiton attributable production and sales unless otherwise stated. (`000 tonnes) South Africa Production 7,382 7,741 7,237 8,997 8,507 17,504 15,481
Sales Export 2,849 2,856 2,449 3,047 3,365 6,412 5,226 Local utility 4,687 4,263 4,351 5,667 5,024 10,691 10,065 Inland 49 56 47 110 96 206 95 Total 7,585 7,175 6,847 8,824 8,485 17,309 15,386 New Mexico, USA Production Navajo Coal 1,785 1,873 1,640 1,754 1,818 3,572 3,952 San Juan Coal 1,193 1,052 1,773 1,423 478 1,901 3,188 Total 2,978 2,925 3,413 3,177 2,296 5,473 7,140 Sales - local utility 3,660 2,555 3,005 3,361 3,339 6,700 7,264 Hunter Valley, Australia Production 2,887 3,177 2,802 2,506 3,394 5,900 6,060 Sales Export 2,959 2,263 2,524 2,626 3,253 5,879 4,725 Inland 382 601 474 404 180 584 1,001 Total 3,341 2,864 2,998 3,030 3,433 6,463 5,726 Cerrejon Coal, Colombia Production 2,213 2,499 2,818 2,426 2,316 4,742 4,838
Sales - export 2,745 2,419 2,601 2,776 2,672 5,448 5,080 Date: 20/01/2011 07:08:02 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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