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BIL - BHP Billiton Plc - Expansion of Cerrejon Coal BHP Billiton Plc Share code: BIL ISIN: GB0000566504 18 August 2011 Number 24/11 EXPANSION OF CERREJON COAL BHP Billiton today announced approval of a US$437 million (BHP Billiton share) investment to expand the Cerrejon Coal mine in La Guajira, Colombia. BHP Billiton`s investment represents one third of the US$1,311 million expansion to be undertaken by Cerrejon Coal, with joint venture partners Anglo American and Xstrata contributing equal investment in the project. The expansion, known as the P40 Project, will enable Cerrejon Coal`s saleable thermal coal production to increase by 8 million tonnes per annum (mtpa) to approximately 40mtpa. Construction will commence in the 2011 calendar year with completion expected in the 2013 calendar year. Ramp up to expanded capacity of 40mtpa is expected by the end of the 2015 calendar year. The expansion project will see BHP Billiton`s estimated share of production and sales from this long life, tier 1 asset increase from 10.7mtpa to 13.3mtpa. BHP Billiton Energy Coal President, Jimmy Wilson, said: "Today`s announcement highlights our commitment to invest in growth throughout the cycle and to continue to produce at maximum volumes to take advantage of the strong demand for energy coal." The project scope includes a second berth and dual quadrant shiploader at Cerrejon`s 100 percent owned and operated Puerto Bolivar, along with necessary mine, rail and associated supply chain infrastructure. BHP Billiton owns 33.3 percent of Cerrejon Coal in equal portion with joint venture partners Anglo American and Xstrata. Further information on BHP Billiton can be found at: www.bhpbilliton.com Sponsor: Absa Capital (the investment banking division of Absa Bank Limited, affiliated with Barclays Capital) Media Relations Investor Relations Australia Australia
Samantha Stevens Andrew Gunn Tel: +61 3 9609 2898 Tel: +61 3 9609 3575 Mobile: +61 400 693 915 Mobile: +61 439 558 454 email: email: Andrew.Gunn@bhpbilliton.com Samantha.Stevens@bhpbilliton.com United Kingdom and South Africa Kelly Quirke Tel: +61 3 9609 2896 Brendan Harris Mobile: +61 429 966 312 Tel: +44 20 7802 4131 email: Kelly.Quirke@bhpbilliton.com Mobile: +44 7990 527 726 email: Brendan.Harris@bhpbilliton.com Fiona Martin Tel: +61 3 9609 2211 Americas Mobile: +61 427 777 908 email: Fiona.Martin2@bhpbilliton.com Scott Espenshade United Kingdom and Americas Tel: +1 713 599 6431 Mobile: +1 713 208 8565 Ruban Yogarajah email: Scott.Espenshade@bhpbilliton.com Tel: US +1 713 966 2907 or UK +44 20 7802 4033 Mobile: UK +44 7827 082 022 email: Ruban.Yogarajah@bhpbilliton.com BHP Billiton Limited ABN 49 004 028 BHP Billiton Plc Registration 077 number 3196209 Registered in Australia Registered in England and Wales Registered Office: 180 Lonsdale Registered Office: Neathouse Place Street London SW1V 1BH United Kingdom Melbourne Victoria 3000 Australia Tel +44 20 7802 4000 Tel +61 1300 55 4757 Fax +44 20 7802 4111 Fax +61 3 9609 3015 Members of the BHP Billiton Group which is headquartered in Australia Date: 18/08/2011 09:15:01 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.
