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BIL - BHP Billiton Plc - Orebody 24 Development in Western Australia

Release Date: 16/11/2011 08:16
Code(s): BIL
Wrap Text

BIL - BHP Billiton Plc - Orebody 24 Development in Western Australia BHP Billiton Plc Share code: BIL ISIN: GB0000566504 16 November 2011 Number 33/11 OREBODY 24 DEVELOPMENT IN WESTERN AUSTRALIA BHP Billiton approved today a US$822 million (BHP Billiton share US$698 million) investment for the development of its Orebody 24 mine, located approximately 10 kilometres north-east of Newman, Western Australia. Orebody 24 is a sustaining mine to maintain iron ore production output from the Newman Joint Venture operations. The new Orebody 24 mine will have a capacity of 17 million tonnes per annum (100 per cent basis) and will include the construction of an ore crushing plant, train loadout facility, rail spur and other associated support facilities. Initial mining from Orebody 24 will start in the second half of calendar year 2012. BHP Billiton President Iron Ore, Ian Ashby, said "The Orebody 24 development is consistent with our strategy to invest in high quality, expandable resource basins and highlights the benefits of our ability to leverage existing infrastructure to sustain current production." 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) BHP Billiton`s partners in its Pilbara Iron Ore operations are: Itochu Minerals & Energy of Australia Pty Ltd, Mitsui-Itochu Iron Pty Ltd and Mitsui Iron Ore Corporation Pty Ltd. Investor Relations Media Relations Australia Australia James Agar Samantha Stevens Tel: +61 3 9609 2222 Tel: +61 3 9609 2898 Mobile: +61 467 807 064 Mobile: +61 400 693 915 email: James.Agar@bhpbilliton.com email: Samantha.Stevens@bhpbilliton.com Andrew Gunn Tel: +61 3 9609 3575
Kelly Quirke Mobile: +61 439 558 454 Tel: +61 3 9609 2896 Mobile: +61 429 966 312 email: Andrew.Gunn@bhpbilliton.com
email: Kelly.Quirke@bhpbilliton.com United Kingdom and South Africa Fiona Martin Brendan Harris Tel: +61 3 9609 2211 Tel: +44 20 7802 4131 Mobile: +61 427 777 908 Mobile: +44 7990 527 726 email: Fiona.Martin2@bhpbilliton.com email: Brendan.Harris@bhpbilliton.com United Kingdom and Americas Americas Ruban Yogarajah Tel: US +1 713 966 2907 or Scott Espenshade UK +44 20 7802 4033 Tel: +1 713 599 6431 Mobile: UK +44 7827 082 022 Mobile: +1 713 208 8565 email: Ruban.Yogarajah@bhpbilliton.comemail: Scott.Espenshade@bhpbilliton.com BHP Billiton Limited BHP Billiton Plc ABN 49 004 028 077 Registration number 3196209 Registered in Australia Registered in England and Wales Registered Office: Registered Office: 180 Lonsdale Street Neathouse Place Melbourne Victoria 3000 Australia London SW1V 1BH United Kingdom Tel +61 1300 55 4757 Tel +44 20 7802 4000 Fax +61 3 9609 3015 Fax +44 20 7802 4111 Members of the BHP Billiton Group which is headquartered in Australia Date: 16/11/2011 08:16:15 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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