Wrap Text
BHP Billiton Operational Review for the Quarter Ended 30 September 2014
BHP Billiton Plc
Registration number 3196209
Registered in England and Wales
Share code: BIL
ISIN: GB0000566504
NEWS RELEASE
Release Time IMMEDIATE
Date 22 October 2014
Number 19/14
BHP BILLITON OPERATIONAL REVIEW FOR THE QUARTER ENDED 30 SEPTEMBER 2014
- Group production increased by 9% during the period with records achieved for eight operations and four commodities.
- Production guidance remains unchanged and we are on track to deliver Group production growth of
16% over the two years to the end of the 2015 financial year.
- Metallurgical coal production increased by 25% to 13 Mt as Queensland Coal achieved record
quarterly production and sales volumes.
- Western Australia Iron Ore production increased by 15% to a quarterly record of 62 Mt (100% basis)
as the ramp-up of Jimblebar continued ahead of schedule and we improved the availability, utilisation
and rate of our integrated supply chain.
- Petroleum production increased by 7% to 67.4 MMboe as Onshore US liquids volumes rose by 49%
to a record 11.5 MMboe.
- Total copper production(1) decreased by 1% to 389 kt as lower ore grades, a power outage
throughout Northern Chile and industrial action offset strong underlying operating performance at
Escondida.
BHP Billiton Chief Executive Officer, Andrew Mackenzie, said: “Robust operating performance across
our diversified portfolio in the September 2014 quarter delivered a nine per cent increase in
production(2) with records achieved for eight operations and four commodities. With production guidance
maintained across all operations and businesses, we remain on track to generate Group production(2)
growth of 16 per cent over the two years to the end of the 2015 financial year.
“Our relentless focus on productivity continues to yield strong results. At Western Australia Iron Ore, we
have completed our major supply chain investments and, for the first time in a decade, we have no major
projects in execution. With our focus now on maximising the value of existing infrastructure, we plan to
reduce costs and invest judiciously in very low capital cost debottlenecking initiatives. These plans are
expected to increase total supply chain capacity to 290 Mtpa(3) by the end of the 2017 financial year and
reduce unit costs(4) by at least 25 per cent to less than US$20 per tonne(5). When combined with other
initiatives across our portfolio we are very well positioned to reduce cash costs(6) by more than US$2.3
billion and deliver volume-related productivity gains(6) of at least US$1.2 billion by the end of the 2017
financial year.”
Note: Unless specified otherwise: variance analysis relates to the relative performance of BHP Billiton
and/or its operations during the September 2014 quarter compared with the September 2013 quarter;
production volumes, sales volumes and capital and exploration expenditure from subsidiaries (which
include Escondida, Jimblebar, BHP Billiton Mitsui Coal and our manganese operations) are reported on
a 100 per cent basis; production volumes, sales volumes and capital and exploration expenditure from
equity accounted investments (which include Antamina, Samarco and Cerrejón) and other operations
are reported on a proportionate consolidation basis. Abbreviations referenced in this report are explained
on page 11.
Summary
Operational performance
SEP SEP Q14 SEP Q14
2014 vs vs
Production summary QTR SEP Q13 JUN Q14
Total petroleum production (MMboe) 67.4 7% 4%
Copper (kt) 389.4 (3%) (17%)
Iron ore (kt) 57,091 17% 1%
Metallurgical coal (kt) 12,769 25% 7%
Energy coal (kt) 17,837 (9%) (3%)
Alumina (kt) 1,235 (1%) (7%)
Aluminium (kt) 261 (16%) (5%)
Manganese ores (kt) 2,259 10% 0%
Manganese alloys (kt) 171 25% (6%)
Nickel (kt) 35.7 (12%) 16%
Robust operating performance across our diversified portfolio in the September 2014 quarter delivered a
nine per cent increase in production(2) with records achieved across eight operations and four
commodities. Group production(2) growth of 16 per cent is expected over the two years to the end of the
2015 financial year.
Metallurgical coal production increased by 25 per cent in the September 2014 quarter to 13 Mt as
Queensland Coal achieved record production and sales volumes. The new Caval Ridge mine operated
at capacity during the period while the Daunia and South Walker Creek mines also produced at a record
rate. Total metallurgical coal production is forecast to increase by four per cent in the 2015 financial year
to 47 Mt, consistent with prior guidance.
Western Australia Iron Ore (WAIO) achieved record production of 62 Mt (100 per cent basis) as the
ramp-up of Jimblebar continued ahead of schedule and we improved the availability, utilisation and rate
of our integrated supply chain. WAIO production guidance for the 2015 financial year remains
unchanged at 245 Mt (100 per cent basis) while Samarco production is expected to grow by 29 per cent
to 28 Mt (100 per cent basis).
Petroleum production increased by seven per cent in the September 2014 quarter to 67.4 MMboe as
Onshore US liquids volumes rose by 49 per cent to a record 11.5 MMboe. Guidance for the 2015
financial year remains unchanged at 255 MMboe with strong performance at Onshore US expected to
underpin a 16 MMboe increase in total liquids production.
Escondida copper production decreased by three per cent in the September 2014 quarter to 269 kt as
strong operating performance was offset by a 12 per cent decline in ore grades, industrial activity and a
power outage throughout Northern Chile. The temporary reduction in ore grades was anticipated,
ensuring production guidance for Escondida remains unchanged at 1.27 Mt of copper for the 2015
financial year. Total copper production(1) is forecast to increase by five per cent to 1.8 Mt, consistent
with prior guidance. A US$361 million increase in the budget of Escondida Organic Growth Project 1 to
US$4.2 billion was approved during the period. The project remains on schedule for completion in the
first half of the 2015 calendar year.
Energy coal production decreased by nine per cent in the September 2014 quarter to 18 Mt as adverse
weather constrained production at both Cerrejón and New South Wales Energy Coal. Total energy coal
production of 73 Mt is expected for the 2015 financial year, consistent with prior guidance.
Production guidance for the 2015 financial year is summarised in the table below.
Production guidance FY14(1) FY15e % change
Petroleum (MMboe) 243 255 5%
Copper (Mt) 1.7 1.8 5%
Iron ore (Mt) 204 225 11%
Metallurgical coal (Mt) 45 47 4%
Energy coal (Mt) 73 73 -
Corporate update
On 16 October 2014, BHP Billiton confirmed that it will pursue a Standard listing on the UK Listing
Authority’s Official List and admission to trading on the London Stock Exchange for the new company it
plans to create via demerger. This is in addition to the proposed primary listing on the Australian
Securities Exchange and secondary inward listing on the Johannesburg Stock Exchange. The Group
continues to work towards completion of the demerger in the first half of the 2015 calendar year, subject
to receipt of the necessary third party, Board and shareholder approvals.
On 2 September 2014, legislation to repeal the Minerals Resource Rent Tax (MRRT) in Australia
received the support of both Houses of Parliament. The MRRT was applicable until 30 September
2014. At 30 June 2014, the Group carried a MRRT deferred tax asset (net of income tax
consequences) of US$698 million. An income tax charge approximating this amount is expected to be
recognised as an exceptional item in the 2015 financial year and the adjusted effective tax rate
guidance(7) of 30 per cent to 34 per cent for the period remains unchanged.
On 15 August 2014, the Group redeemed all outstanding Petrohawk Energy Corporation 7.25 per cent
Senior Notes due August 2018 and 6.25 per cent Senior Notes due June 2019 at the applicable call
prices. The aggregate principal value of the notes redeemed was approximately US$1.8 billion.
Petroleum and Potash
Production
SEP SEP Q14 SEP Q14
2014 vs vs
QTR SEP Q13 JUN Q14
Crude oil, condensate and natural gas liquids (MMboe) 30.9 19% 7%
Natural gas (bcf) 218.9 0% 2%
Total petroleum products (MMboe) 67.4 7% 4%
Total petroleum production – Total petroleum production increased by seven per cent in the
September 2014 quarter to 67.4 MMboe. Guidance for the 2015 financial year remains unchanged at
255 MMboe as strong performance at Onshore US is expected to underpin a 16 MMboe increase in total
liquids production. Total conventional volumes for the 2015 financial year are forecast to remain broadly
unchanged, consistent with prior guidance.
Crude oil, condensate and natural gas liquids – Crude oil, condensate and natural gas liquids
production increased by 19 per cent in the September 2014 quarter to a record 30.9 MMboe.
Onshore US liquids volumes rose by 49 per cent in the September 2014 quarter to a record 11.5
MMboe. This strong performance was underpinned by continued momentum in the Black Hawk and
Permian where liquids production increased by 53 per cent and 141 per cent, respectively. We remain
confident that shale liquids volumes will rise by approximately 50 per cent in the 2015 financial year.
In our Conventional business, liquids production at Atlantis increased by 38 per cent in the September
2014 quarter as the operation benefited from the completion of two production wells in the June 2014
quarter. At Pyrenees, production increased by 24 per cent in the September 2014 quarter following the
completion of five new production wells in the second half of the 2014 financial year.
Natural gas – Natural gas production of 219 bcf was unchanged in the September 2014 quarter.
A two per cent increase in natural gas production from the June 2014 quarter reflected higher seasonal
demand at Bass Strait and stronger uptime performance at North West Shelf following a period of
planned maintenance. This was partially offset by natural field decline at our Onshore US dry gas assets.
Projects and Onshore US capital expenditure
Capital Initial
Project and expenditure production
ownership (US$m) target date Capacity Progress
North West Shelf 400 CY16 To maintain LNG plant On schedule and budget. The
Greater Western throughput from the North overall project is 81% complete.
Flank-A West Shelf operations.
(Australia)
16.67%
(non-operator)
Bass Strait Longford 520 CY16 Designed to process On schedule and budget. The
Gas Conditioning approximately 400 MMcf/d overall project is 40% complete.
Plant of high-CO2 gas.
(Australia)
50% (non-operator)
Onshore US drilling and development expenditure totalled US$895 million in the September 2014
quarter. The Company’s operated rig count increased to 25 during the period, with an additional rig now
operating in the Permian. At the end of the period, 17 operated rigs were in action in the Eagle Ford, five
were in the Permian and three were in the Haynesville. We expect Onshore US drilling and development
expenditure of approximately US$4.0 billion for the 2015 financial year, consistent with prior guidance.
Onshore US Liquids focused areas Gas focused areas
September 2014 quarter (Eagle Ford and (Haynesville and
(September 2013 quarter) Permian) Fayetteville) Total
Capital expenditure US$ billion 0.8 (1.3) 0.1 (0.2) 0.9 (1.5)
Production MMboe 16.7 (12.4) 13.7 (14.4) 30.4 (26.8)
Production mix Natural gas 31% (38%) 100% (100%) 62% (71%)
Natural gas liquids 23% (21%) - (-) 13% (10%)
Crude and condensate 46% (41%) - (-) 25% (19%)
Petroleum exploration
Exploration and appraisal wells drilled during the September 2014 quarter are summarised below.
BHP Billiton Water Total well
Well Location Target equity Spud Date depth depth Status
Perseus-1 Gulf of Mexico Oil 15% 21 September 1,401 m 2,437 m(8) Drilling
DC231 (Statoil operator) 2014 ahead
Petroleum exploration expenditure for the September 2014 quarter was US$154 million, of which
US$146 million was expensed. A US$750 million exploration program, largely focused on the Gulf of
Mexico, Western Australia and Trinidad and Tobago is planned for the 2015 financial year. The seismic
acquisition program in Trinidad and Tobago is progressing on schedule.(9)
Following recent economic reforms in Mexico, BHP Billiton and Petroleos Mexicanos (Pemex) signed a
memorandum of understanding and cooperation (MOU) on 25 September 2014 to exchange technical
knowledge, information, experiences and practices in activities related to the oil and gas industry.
Potash
Project and Investment
ownership (US$m) Scope Progress
Jansen Potash 2,600 Investment to finish the excavation and lining of The overall project is 36%
(Canada) the production and service shafts, and to continue complete and on budget.
100% the installation of essential surface infrastructure
and utilities.
Copper
Production
SEP SEP Q14 SEP Q14
2014 vs vs
QTR SEP Q13 JUN Q14
Copper (kt) 389.4 (3%) (17%)
Lead (t) 49,574 7% 7%
Zinc (t) 40,663 42% 40%
Silver (koz) 9,068 4% 7%
Uranium oxide concentrate (t) 866 (11%) (17%)
Copper – Total copper production(1) decreased by one per cent in the September 2014 quarter to 389
kt. Guidance for the 2015 financial year remains unchanged at 1.8 Mt.
Escondida copper production decreased by three per cent in the September 2014 quarter to 269 kt as
strong operating performance was offset by a 12 per cent decline in ore grades, two days of industrial
action and a power outage throughout Northern Chile. As a result of increased throughput, water
restrictions are anticipated during the December 2014 quarter which may result in the partial deferral of
production to the March 2015 quarter. The Escondida Water Supply project, which involves the
construction of a new 2,500 litre per second sea-water desalination facility, will ensure continued water
supply over the long term. Production guidance for Escondida remains unchanged at 1.27 Mt of copper
for the 2015 financial year.
At Pampa Norte, copper production increased by 28 per cent in the September 2014 quarter to 56 kt, as
Spence benefited from higher grades and recoveries. An increase in pad height at Cerro Colorado to
optimise longer-term leaching stability and tertiary crusher maintenance at Spence contributed to the
weaker performance relative to the June 2014 quarter. Production at Pampa Norte for the 2015 financial
year is expected to be broadly unchanged from the prior year, as higher grades and recoveries at
Spence offset declining grades and recoveries at Cerro Colorado.
While Olympic Dam copper production increased by 41 per cent in the September 2014 quarter to 39 kt,
the completion of planned smelter maintenance led to a 28 per cent decline in production from the June
2014 quarter. Production at Olympic Dam in the 2015 financial year is expected to remain broadly
unchanged from the prior year.
Antamina copper production declined by 39 per cent in the September 2014 quarter to 26 kt as the mine
plan progressed through a zone of lower grade ore. Average copper grades at Antamina in the 2015
financial year are expected to remain at a similar level to the September 2014 quarter, consistent with
the mine plan.
Lead/silver – Lead and silver production(1) increased by seven per cent and five per cent, respectively,
in the September 2014 quarter as higher mill throughput more than offset lower average ore grades at
Cannington.
Zinc – Total zinc production increased by 42 per cent in the September 2014 quarter and primarily
reflected higher grades at Antamina, consistent with the mine plan. Strong performance at Cannington
was underpinned by higher grades and increased mill throughput.
Uranium – Uranium production decreased by 11 per cent in the September 2014 quarter as lower mill
throughput was only partially offset by higher grades.
Projects
Capital Initial
Project and expenditure production
ownership (US$m) target date Capacity Progress
Escondida Oxide Leach 933 H2 CY14 New dynamic leaching pad On revised schedule and
Area Project (Chile) and mineral handling budget. The overall project is
57.5% system. Maintains oxide 97% complete.
leaching capacity.
Escondida Organic 4,199 H1 CY15 New concentrator with 152 Budget revised. The overall
Growth Project 1 (Chile) ktpd capacity. project is 86% complete and
57.5% remains on schedule.
Escondida Water 3,430 CY17 New desalination facility to On schedule and budget. The
Supply (Chile) ensure water supply to overall project is 17% complete.
57.5% Escondida.
A US$361 million increase in the budget of the Escondida Organic Growth Project 1 to US$4.2 billion
was approved during the period and reflected challenges associated with contractor progress which
have now been addressed. The project remains on schedule for completion in the first half of the 2015
calendar year.
Iron Ore
Production
SEP SEP Q14 SEP Q14
2014 vs vs
QTR SEP Q13 JUN Q14
Iron ore (kt) 57,091 17% 1%
Iron ore – Iron ore production increased by 17 per cent in the September 2014 quarter to a record 57
Mt. Total iron ore production is forecast to increase by 11 per cent in the 2015 financial year to 225 Mt,
consistent with prior guidance.
Western Australia Iron Ore (WAIO) production increased by 15 per cent in the September 2014 quarter
to a record 62 Mt (100 per cent basis) as the ramp-up of Jimblebar continued ahead of schedule and we
improved the availability, utilisation and rate of our integrated supply chain. In addition to the strong
operational performance achieved at our mines, a higher proportion of direct to ship ore increased
outflow capacity at the port and facilitated record sales volumes of 63 Mt (100 per cent basis).
WAIO production guidance for the 2015 financial year remains unchanged at 245 Mt (100 per cent basis)
with the tie-in of shiploader 2 expected to be completed during the December 2014 quarter. Further
growth in supply chain capacity to 270 Mtpa (100 per cent basis) is expected to be achieved without the
need for additional fixed plant investment. Beyond that, the Inner Harbour Debottlenecking and
Jimblebar Phase 2 projects(3) have the potential to increase total capacity to 290 Mtpa (100 per cent
basis) by the end of the 2017 financial year at very low capital cost.
As production grows we will maintain a relentless focus on costs. We expect unit cash costs(4) of less
than US$20 per tonne(5) in the medium term, a reduction of more than 25 per cent on the average
achieved in the 2014 financial year. Sustaining capital expenditure guidance of approximately US$5 per
tonne over the next five years reflects the size and quality of our major operating hubs and highly
concentrated resource.
Samarco production increased by 12 per cent from the June 2014 quarter to 7 Mt (100 per cent basis).
The ramp-up of the fourth pellet plant to 30.5 Mtpa (100 per cent basis) is expected before the end of the
2015 financial year.
Coal
Production
SEP SEP Q14 SEP Q14
2014 vs vs
QTR SEP Q13 JUN Q14
Metallurgical coal (kt) 12,769 25% 7%
Energy coal (kt) 17,837 (9%) (3%)
Metallurgical coal – Metallurgical coal production increased by 25 per cent in the September 2014
quarter to a record 13 Mt. Total metallurgical coal production is forecast to increase by four per cent in
the 2015 financial year to 47 Mt, consistent with prior guidance.
Record production at Queensland Coal was underpinned by strong operational performance across the
business and continued improvement in truck and wash-plant utilisation. The new Caval Ridge mine
operated at capacity during the period while the Daunia and South Walker Creek mines also produced at
a record rate.
Illawarra Coal production increased by 64 per cent in the September 2014 quarter to 2.3 Mt as a series
of productivity initiatives enabled the mine to achieve record run-of-mine production. Volumes in the
September 2013 quarter were affected by an extended outage at Dendrobium.
Energy coal – Energy coal production decreased by nine per cent in the September 2014 quarter to 18
Mt. As anticipated, a drought in the La Guajira region of Colombia constrained production volumes at
Cerrejón given the need to manage dust emissions. At New South Wales Energy Coal, adverse weather
and unplanned wash plant outages resulted in a 12 per cent decline in production during the period.
Navajo Coal production also declined following the permanent closure of three of the five power units at
the Four Corners Power Plant.
Total energy coal production of 73 Mt is expected for the 2015 financial year, consistent with prior
guidance.
Projects
Capital Initial
Project and expenditure production
ownership (US$m) target date Capacity Progress
Hay Point Stage Three 1,505(10) CY15 Increased port capacity from On revised schedule and buget.
Expansion 44 Mtpa to 55 Mtpa and The overall project is 91%
(Australia) reduces storm vulnerability. complete.
50%
Appin Area 9 845 CY16 Maintains Illawarra Coal’s On schedule and budget. The
(Australia) production capacity with a overall project is 72% complete.
100% replacement mining domain
and capacity to produce 3.5
Mtpa of metallurgical coal.
Aluminium, Manganese and Nickel
Production
SEP SEP Q14 SEP Q14
2014 vs vs
QTR SEP Q13 JUN Q14
Alumina (kt) 1,235 (1%) (7%)
Aluminium (kt) 261 (16%) (5%)
Manganese ores (kt) 2,259 10% 0%
Manganese alloy (kt) 171 25% (6%)
Nickel (kt) 35.7 (12%) 16%
Alumina – Alumina production was broadly unchanged in the September 2014 quarter at 1.2 Mt,
supported by record production at the Alumar refinery. While a series of calciner outages constrained
Worsley production during the September 2014 quarter, volumes are expected to recover as the refinery
processes stockpiled hydrate in future periods.
Aluminium – Aluminium production decreased by 16 per cent in the September 2014 quarter to 261 kt.
Lower volumes primarily reflected the cessation of smelting activities at Bayside in June 2014 and the
suspension of capacity at the Alumar smelter during the 2014 financial year. This was partially offset by
record production at Mozal during the period.
Manganese ores – Manganese ore production increased by 10 per cent in the September 2014 quarter
to a record 2.3 Mt as an improvement in ore recovery at Mamatwan and an increase in plant availability
at Wessels resulted in record quarterly production at Hotazel.
Manganese alloys – Manganese alloy production increased by 25 per cent in the September 2014
quarter to 171 kt as smelter reliability improved at both Metalloys and TEMCO.
Nickel – Nickel production declined by 12 per cent in the September 2014 quarter to 36 kt, primarily as a
result of the closure of the Perseverance underground mine at Nickel West in November 2013.
Consistent with prior guidance, we expect saleable nickel production at Nickel West to decline by four
per cent in the 2015 financial year to 95 kt. Ferro-nickel production at Cerro Matoso is expected to
decline by three per cent to 43 kt as a result of lower grades and recoveries.
Minerals exploration
Minerals exploration expenditure for the September 2014 quarter was US$79 million, of which US$58
million was expensed. Greenfield minerals exploration is predominantly focused on advancing copper
targets within Chile, Peru and the South-West United States.
This report represents the Interim Management Statement for the purposes of the UK Listing Authority’s
Disclosure and Transparency Rules. There have been no significant changes in the financial position of
the Group in the quarter ended 30 September 2014.
1. Excludes operations which were sold during the 2014 financial year (Liverpool Bay and Pinto Valley).
2. Refers to copper equivalent production based on average realised prices for the 2013 financial year.
3. Subject to Board approval.
4. Excludes freight and royalties.
5. Based on real 2014 terms; AUD:USD of 0.91.
6. Represents planned annualised controllable cash cost and volume-related productivity gains from our core
assets only, relative to the 2014 financial year.
7. The Group’s adjusted effective tax rate excludes the influence of exchange rate movements, remeasurement
of deferred tax assets associated with the Minerals Resource Rent Tax (MRRT) and exceptional items.
8. Well depth as at 30 September 2014; drilling still in progress.
9. 17,719 square kilometres 3D seismic acquisition in progress over Trinidad and Tobago Blocks 5, 6, 14, 23a,
23b, 28 and 29.
10. Excludes announced pre-commitment funding.
The following abbreviations may have been used throughout this report: barrels (bbl); billion cubic feet (bcf); cost and
freight (CFR); cost, insurance and freight (CIF); dry metric tonne unit (dmtu); free on board (FOB); grams per tonne
(g/t); kilograms per tonne (kg/t); kilometre (km); metre (m); million barrels of oil equivalent (MMboe); million cubic
feet per day (MMcf/d); million tonnes (Mt); million tonnes per annum (Mtpa); ounces (oz); pounds (lb); thousand
barrels of oil equivalent (Mboe); thousand ounces (koz); thousand standard cubic feet (Mscf); thousand tonnes (kt);
thousand tonnes per annum (ktpa); thousand tonnes per day (ktpd); tonnes (t); and wet metric tonnes (wmt).
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BHP BILLITON PRODUCTION SUMMARY
QUARTER ENDED YEAR TO DATE % CHANGE
SEP SEP
Q14 Q14
SEP JUN SEP SEP SEP vs vs
2013 2014 2014 2014 2013 SEP JUN
Q13 Q14
Petroleum
Crude oil & condensate and NGL (Mboe) 26,053 28,877 30,945 30,945 26,053 19% 7%
Natural gas (bcf) 219.7 215.0 218.9 218.9 219.7 (0%) 2%
Total petroleum production (MMboe) 62.7 64.7 67.4 67.4 62.7 7% 4%
Copper
Copper (kt) 403.3 470.0 389.4 389.4 403.3 (3%) (17%)
Lead (t) 46,445 46,165 49,574 49,574 46,445 7% 7%
Zinc (t) 28,555 29,-116 40,663 40,663 28,555 42% 40%
Gold (oz) 40,188 59,705 52,344 52,344 40,188 30% (12%)
Silver (koz) 8,688 8,509 9,068 9,068 8,688 4% 7%
Uranium (t) 970 1,044 866 866 970 (11%) (17%)
Molybdenum (t) 458 83 40 40 458 (91%) (52%)
Iron ore
Iron ore (kt) 48,953 56,643 57,091 57,091 48,953 17% 1%
Coal
Metallurgical coal (kt) 10,185 11,886 12,769 12,769 10,185 25% 7%
Energy coal (kt) 19,639 18,363 17,837 17,837 19,639 (9%) (3%)
Aluminium, Manganese and Nickel
Alumina (kt) 1,251 1,325 1,235 1,235 1,251 (1%) (7%)
Aluminium (kt) 310 276 261 261 310 (16%) (5%)
Manganese ores (kt) 2,046 2,255 2,259 2,259 2,046 10% 0%
Manganese alloys (kt) 137 181 171 171 137 25% (6%)
Nickel (kt) 40.4 30.9 35.7 35.7 40.4 (12%) 16%
Throughout this report figures in italics indicate that this figure has been adjusted since it was previously reported.
BHP BILLITON PRODUCTION
QUARTER ENDED YEAR TO DATE
BHP
Billiton SEP DEC MAR JUN SEP SEP SEP
interest 2013 2013 2014 2014 2014 2014 2013
Petroleum
Production
Crude oil, condensate and
NGL (Mboe)(1) 26,053 23,973 27,244 28,877 30,945 30,945 26,053
Natural gas (bcf) 219.7 202.6 202.0 215.0 218.9 218.9 219.7
Total petroleum production
(MMboe) 62.7 57.7 60.9 64.7 67.4 67.4 62.7
Copper (2)
Copper
Payable metal in concentrate (kt)
Escondida (3) 57.5% 205.1 208.0 190.6 241.0 199.4 199.4 205.1
Antamina 33.8% 41.9 42.4 33.0 26.2 25.7 25.7 41.9
Pinto Valley 100% 10.9 1.6 - - - - 10.9
Total 257.9 252.0 223.6 267.2 225.1 225.1 257.9
Cathode (kt)
Escondida (3) 57.5% 73.2 77.5 75.8 81.5 69.3 69.3 73.2
Pampa Norte (4) 100% 43.5 59.4 63.4 66.8 55.8 55.8 43.5
Pinto Valley 100% 0.8 0.1 - - - - 0.8
Olympic Dam 100% 27.9 50.9 51.1 54.5 39.2 39.2 27.9
Total 145.4 187.9 190.3 202.8 164.3 164.3 145.4
Total Copper 403.3 439.9 413.9 470.0 389.4 389.4 403.3
Lead
Payable metal in concentrate (t)
Cannington 100% 46,287 47,259 47,214 45,768 48,941 48,941 46,287
Antamina 33.8% 158 580 363 397 633 633 158
Total 46,445 47,839 47,577 46,165 49,574 49,574 46,445
Zinc
Payable metal in concentrate (t)
Cannington 100% 16,033 16,123 10,074 15,666 19,927 19,927 16,033
Antamina 33.8% 12,522 16,732 9,335 13,450 20,736 20,736 12,522
Total 28,555 32,855 19,409 29,116 40,663 40,663 28,555
Gold
Payable metal in concentrate
(oz)
Escondida (3) 57.5% 12,490 19,384 20,110 20,920 21,980 21,980 12,490
Olympic Dam (refined gold) 100% 27,649 26,271 28,630 38,785 30,364 30,364 27,649
Pinto Valley 100% 49 - - - - - 49
Total 40,188 45,655 48,740 59,705 52,344 52,344 40,188
Silver
Payable metal in concentrate (koz)
Escondida (3) 57.5% 891 982 1,078 1,320 1,159 1,159 891
Antamina 33.8% 1,205 1,350 961 843 954 954 1,205
Cannington 100% 6,361 6,306 6,465 6,029 6,701 6,701 6,361
Olympic Dam (refined silver) 100% 190 212 253 317 254 254 190
Pinto Valley 100% 41 - - - - - 41
Total 8,688 8,850 8,757 8,509 9,068 9,068 8,688
Uranium
Payable metal in concentrate (t)
Olympic Dam 100% 970 1,008 966 1,044 866 866 970
Total 970 1,008 966 1,044 866 866 970
Molybdenum
Payable metal in concentrate (t)
Antamina 33.8% 458 379 281 83 40 40 458
Total 458 379 281 83 40 40 458
Refer footnotes on page 16.
Iron Ore
Production (kt) (5)
Newman 85% 12,196 12,483 15,470 16,766 16,707 16,707 12,196
Yarrie 85% 202 428 206 - - - 202
Area C Joint Venture 85% 11,814 11,383 11,282 12,481 13,265 13,265 11,814
Yandi Joint Venture 85% 18,146 17,135 15,622 17,615 16,607 16,607 18,146
Jimblebar (6) 85% 700 1,702 2,721 3,740 3,971 3,971 700
Wheelarra (7) 85% 3,166 2,716 1,698 2,973 3,115 3,115 3,166
Samarco 50% 2,729 2,841 2,281 3,068 3,426 3,426 2,729
Total 48,953 48,688 49,280 56,643 57,091 57,091 48,953
Coal
Metallurgical coal
Production (kt) (8)
BMA 50% 6,705 7,494 7,461 7,596 8,228 8,228 6,705
BHP Mitsui Coal (9) 80% 2,057 2,114 1,995 2,143 2,204 2,204 2,057
Illawarra 100% 1,423 1,932 2,011 2,147 2,337 2,337 1,423
Total 10,185 11,540 11,467 11,886 12,769 12,769 10,185
Energy Coal
Production (kt)
South Africa (10) 90% 7,937 7,036 7,398 8,013 8,026 8,026 7,937
USA 100% 3,145 2,896 2,359 2,412 2,690 2,690 3,145
Australia 100% 5,372 4,544 5,018 5,030 4,752 4,752 5,372
Colombia 33.3% 3,185 3,291 2,948 2,908 2,369 2,369 3,185
Total 19,639 17,767 17,723 18,363 17,837 17,837 19,639
Aluminum, Manganese and
Nickel
Alumina
Saleable production (kt)
Worsley 86% 946 1,024 936 1,010 893 893 946
Alumar 36% 305 328 314 315 342 342 305
Total 1,251 1,352 1,250 1,325 1,235 1,235 1,251
Aluminium
Production (kt)
Hillside 100% 184 183 172 176 180 180 184
Bayside (11) 100% 24 24 23 18 - - 24
Alumar 40% 35 28 26 15 13 13 35
Mozal 47.1% 67 67 65 67 68 68 67
Total 310 302 286 276 261 261 310
Manganese ores
Saleable production (kt)
South Africa (12) 44.4% 864 944 782 936 1,049 1,049 864
Australia (12) 60% 1,182 1,256 1,019 1,319 1,210 1,210 1,182
Total 2,046 2,200 1,801 2,255 2,259 2,259 2,046
Manganese alloys
Saleable production (kt)
South Africa (12) (13) 60% 86 94 91 106 112 112 86
Australia (12) 60% 51 72 71 75 59 59 51
Total 137 166 162 181 171 171 137
Nickel
Saleable production (kt)
Cerro Matoso 99.9% 12.0 12.3 9.8 10.2 10.7 10.7 12.0
Nickel West 100% 28.4 25.5 24.3 20.7 25.0 25.0 28.4
Total 40.4 37.8 34.1 30.9 35.7 35.7 40.4
Refer footnotes on page 16
BHP BILLITON PRODUCTION
(1) LPG and ethane are reported as natural gas liquids (NGL). Product-specific conversions are made and NGL is
reported in barrels of oil equivalent (boe). Total boe conversions are based on 6,000 scf of natural gas equals 1
boe.
(2) Metal production is reported on the basis of payable metal.
(3) Shown on 100% basis. BHP Billiton interest in saleable production is 57.5%.
(4) Includes Cerro Colorado and Spence.
(5) Iron ore production is reported on a wet tonnes basis.
(6) Shown on 100% basis. BHP Billiton interest in saleable production is 85%.
(7) All production from Wheelarra is now processed via the Jimblebar processing hub.
(8) Metallurgical coal production is reported on the basis of saleable product. Production figures include some
thermal coal.
(9) Shown on 100% basis. BHP Billiton interest in saleable production is 80%.
(10) Shown on 100% basis. BHP Billiton interest in saleable production is 90%.
(11) Aluminium smelting at Bayside ceased with the closure of the final potline in June 2014.
(12) Shown on 100% basis. BHP Billiton interest in saleable production is 60%, except Hotazel Manganese Mines
which is 44.4%.
(13) Production includes Medium Carbon Ferro Manganese.
PRODUCTION AND SALES REPORT
QUARTER ENDED YEAR TO DATE
SEP DEC MAR JUN SEP SEP SEP
2013 2013 2014 2014 2014 2014 2013
Petroleum
Crude oil, condensate and NGL (Mboe)
Crude oil and condensate
Bass Strait 2,247 1,958 2,095 2,355 2,818 2,818 2,247
North West Shelf 1,865 1,497 1,504 1,408 1,501 1,501 1,865
Stybarrow 348 317 282 255 225 225 348
Pyrenees 1,707 1,295 2,386 2,075 2,109 2,109 1,707
Other Australia (1) 14 12 11 14 17 17 14
Atlantis (2) 2,953 3,988 3,734 4,114 4,175 4,175 2,953
Mad Dog (2) 732 496 704 187 390 390 732
Shenzi (2) 3,467 3,201 3,467 3,530 3,530 3,530 3,467
Onshore US (3) 5,044 4,238 5,589 7,069 7,677 7,677 5,044
Trinidad/Tobago 320 314 279 248 252 252 320
Other Americas (2) (4) 378 373 329 371 349 349 378
UK (5) 142 305 254 27 34 34 142
Algeria 1,142 1,156 1,069 996 1,011 1,011 1,142
Pakistan 62 52 49 37 38 38 62
Total 20,421 19,202 21,752 22,686 24,126 24,126 20,421
NGL
Bass Strait 2,001 1,603 1,621 2,026 2,161 2,161 2,001
North West Shelf 399 234 276 288 293 293 399
Atlantis (2) 255 348 288 111 248 248 255
Mad Dog (2) 38 24 36 39 21 21 38
Shenzi (2) 266 252 280 252 271 271 266
Onshore US (3) 2,656 2,295 2,986 3,471 3,783 3,783 2,656
Other Americas (2) (4) 11 10 2 - 38 38 11
UK (5) 6 5 3 4 4 4 6
Total 5,632 4,771 5,492 6,191 6,819 6,819 5,632
Total crude oil, condensate and NGL 26,053 23,973 27,244 28,877 30,945 30,945 26,053
Natural Gas (bcf)
Bass Strait 34.2 22.7 21.2 30.5 33.3 33.3 34.2
North West Shelf 34.2 30.3 31.4 31.8 36.9 36.9 34.2
Other Australia (1) 9.3 15.1 13.2 13.6 16.4 16.4 9.3
Atlantis (2) 1.3 1.8 1.8 1.9 1.7 1.7 1.3
Mad Dog (2) 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Shenzi (2) 0.8 0.8 0.8 0.8 0.8 0.8 0.8
Onshore US (3) 114.9 105.3 109.7 118.9 113.6 113.6 114.9
Trinidad/Tobago 9.9 9.7 9.3 9.1 8.8 8.8 9.9
Other Americas (2) (4) 0.3 0.3 0.2 0.2 0.2 0.2 0.3
UK (5) 3.5 6.2 5.4 0.8 0.7 0.7 3.5
Pakistan 11.2 10.3 8.9 7.3 6.4 6.4 11.2
Total 219.7 202.6 202.0 215.0 218.9 218.9 219.7
Total Petroleum production
(MMboe) (6) 62.7 57.7 60.9 64.7 67.4 67.4 62.7
(1) Other Australia includes Minerva and Macedon.
(2) Gulf of Mexico volumes are net of royalties.
(3) Onshore US volumes are net of mineral holder royalties.
(4) Other Americas includes Neptune, Genesis and Overriding Royalty Interest.
(5) UK includes Bruce/Keith and Liverpool Bay. BHP Billiton completed the sale of its 46.1% operated interest in
Liverpool Bay on 31 March 2014.
(6) Total boe conversions are based on 6,000 scf of natural gas equals 1 boe.
PRODUCTION AND SALES REPORT
QUARTER ENDED YEAR TO DATE
SEP DEC MAR JUN SEP SEP SEP
2013 2013 2014 2014 2014 2014 2013
Copper
Metals production is payable metal unless otherwise stated.
Escondida, Chile (1)
Material mined (kt) 93,744 93,814 96,420 94,673 101,920 101,920 93,744
Sulphide ore milled (kt) 18,276 19,584 21,051 21,438 20,651 20,651 18,276
Average copper grade (%) 1.37% 1.30% 1.12% 1.33% 1.20% 1.20% 1.37%
Production ex mill (kt) 210.6 214.4 195.5 235.6 205.5 205.5 210.6
Production
Payable copper (2) (kt) 205.1 208.0 190.6 241.0 199.4 199.4 205.1
Payable gold concentrate (fine oz) 12,490 19,384 20,110 20,920 21,980 21,980 12,490
Copper cathode (EW) (kt) 73.2 77.5 75.8 81.5 69.3 69.3 73.2
Payable silver concentrate (koz) 891 982 1,078 1,320 1,159 1,159 891
Sales
Payable copper (kt) 192.3 228.1 173.2 239.1 203.3 203.3 192.3
Payable gold concentrate (fine oz) 12,490 18,602 20,889 20,920 21,980 21,980 12,490
Copper cathode (EW) (kt) 63.0 86.7 76.4 83.3 64.1 64.1 63.0
Payable silver concentrate (koz) 836 1,076 1,046 1,320 1,159 1,159 836
(1) Shown on 100% basis. BHP Billiton interest in saleable production is 57.5%.
(2) June 2014 quarter includes 4.3 kt of copper contained in ore sold to third parties.
Pampa Norte, Chile
Cerro Colorado
Material mined (kt) 15,771 17,487 15,939 17,087 15,517 15,517 15,771
Ore milled (kt) 4,161 4,501 4,508 4,016 4,189 4,189 4,161
Average copper grade (%) 0.78% 0.76% 0.75% 0.76% 0.77% 0.77% 0.78%
Production
Copper cathode (EW) (kt) 17.6 19.4 22.0 21.3 15.7 15.7 17.6
Sales
Copper cathode (EW) (kt) 17.3 17.6 12.4 28.7 20.0 20.0 17.3
Spence
Material mined (kt) 24,331 27,911 25,037 25,962 24,238 24,238 24,331
Ore milled (kt) 4,860 4,788 4,735 3,775 4,409 4,409 4,860
Average copper grade (%) 1.11% 1.25% 1.23% 1.30% 1.33% 1.33% 1.11%
Production
Copper cathode (EW) (kt) 25.9 40.0 41.4 45.5 40.1 40.1 25.9
Sales
Copper cathode (EW) (kt) 25.9 35.9 40.0 49.6 36.9 36.9 25.9
Antamina, Peru
Material mined (100%) (kt) 56,428 50,872 45,837 49,797 54,675 54,675 56,428
Sulphide ore milled (100%) (kt) 11,765 12,521 11,729 12,756 12,370 12,370 11,765
Average head grades
- Copper (%) 1.21% 1.15% 1.00% 0.77% 0.81% 0.81% 1.21%
- Zinc (%) 0.56% 0.72% 0.54% 0.58% 0.84% 0.84% 0.56%
Production
Payable copper (kt) 41.9 42.4 33.0 26.2 25.7 25.7 41.9
Payable zinc (t) 12,522 16,732 9,335 13,450 20,736 20,736 12,522
Payable silver (koz) 1,205 1,350 961 843 954 954 1,205
Payable lead (t) 158 580 363 397 633 633 158
Payable molybdenum (tonnes) 458 379 281 83 40 40 458
Sales
Payable copper (kt) 41.3 44.5 30.2 26.5 26.3 26.3 41.3
Payable zinc (t) 16,123 18,397 10,158 14,527 12,912 12,912 16,123
Payable silver (koz) 1,503 1,367 910 893 896 896 1,503
Payable lead (t) 297 368 405 521 320 320 297
Payable molybdenum (t) 411 442 347 142 50 50 411
Cannington, Australia
Material mined (kt) 893 974 773 806 823 823 893
Ore milled (kt) 750 852 779 821 819 819 750
Average head grades
- Silver (g/t) 315 274 311 286 301 301 315
- Lead (%) 7.4% 6.7% 7.3% 6.9% 7.1% 7.1% 7.4%
- Zinc (%) 3.3% 3.1% 2.4% 3.1% 3.8% 3.8% 3.3%
Production
Payable silver (koz) 6,361 6,306 6,465 6,029 6,701 6,701 6,361
Payable lead (t) 46,287 47,259 47,214 45,768 48,941 48,941 46,287
Payable zinc (t) 16,033 16,123 10,074 15,666 19,927 19,927 16,033
Sales
Payable silver (koz) 7,844 6,548 6,127 5,641 7,084 7,084 7,844
Payable lead (t) 56,500 47,185 43,649 41,607 51,197 51,197 56,500
Payable zinc (t) 17,286 18,241 11,020 15,708 15,450 15,450 17,286
Olympic Dam, Australia
Material mined (1) (kt) 2,897 2,717 2,495 2,405 2,692 2,692 2,897
Ore milled (kt) 2,404 2,641 2,421 2,654 2,206 2,206 2,404
Average copper grade (%) 1.85% 1.86% 1.90% 1.91% 1.97% 1.97% 1.85%
Average uranium grade (kg/t) 0.53 0.52 0.54 0.51 0.59 0.59 0.53
Production
Copper cathode (ER) (kt) 25.9 47.6 48.4 51.3 36.9 36.9 25.9
Copper cathode (EW) (kt) 2.0 3.3 2.7 3.2 2.3 2.3 2.0
Uranium oxide concentrate (t) 970 1,008 966 1,044 866 866 970
Refined gold (fine oz) 27,649 26,271 28,630 38,785 30,364 30,364 27,649
Refined silver (koz) 190 212 253 317 254 254 190
Sales
Copper cathode (ER) (kt) 26.8 43.3 47.5 54.2 36.6 36.6 26.8
Copper cathode (EW) (kt) 2.1 2.8 2.5 3.0 2.5 2.5 2.1
Uranium oxide concentrate (t) 930 1,037 732 1,426 848 848 930
Refined gold (fine oz) 21,675 32,226 31,129 38,500 30,707 30,707 21,675
Refined silver (koz) 176 177 262 367 227 227 176
(1) Material mined refers to run of mine ore mined and hoisted.
Pinto Valley, US (1)
Production
Payable copper (kt) 10.9 1.6 - - - - 10.9
Copper cathode (EW) (kt) 0.8 0.1 - - - - 0.8
Payable silver (koz) 41 - - - - - 41
Payable gold (oz) 49 - - - - - 49
Sales
Payable copper (kt) 10.0 - - - - - 10.0
Copper cathode (EW) (kt) 1.1 0.2 - - - - 1.1
Payable silver (koz) 41 - - - - - 41
Payable gold (oz) 49 - - - - - 49
(1) On 11 October 2013 BHP Billiton completed the sale of its Pinto Valley operations.
PRODUCTION AND SALES REPORT
QUARTER ENDED YEAR TO DATE
SEP DEC MAR JUN SEP SEP SEP
2013 2013 2014 2014 2014 2014 2013
Iron Ore
(kt)
Iron ore
Pilbara, Australia
Production (1)
Newman 12,196 12,483 15,470 16,766 16,707 16,707 12,196
Yarrie (2) 202 428 206 - - - 202
Area C Joint Venture 11,814 11,383 11,282 12,481 13,265 13,265 11,814
Yandi Joint Venture 18,146 17,135 15,622 17,615 16,607 16,607 18,146
Jimblebar (3) 700 1,702 2,721 3,740 3,971 3,971 700
Wheelarra (4) 3,166 2,716 1,698 2,973 3,115 3,115 3,166
Total 46,224 45,847 46,999 53,575 53,665 53,665 46,224
Total production (100%) 54,258 53,638 54,812 62,369 62,436 62,436 54,258
Sales
Lump 10,292 9,996 11,230 11,572 12,766 12,766 10,292
Fines 35,283 35,756 35,880 40,834 41,633 41,633 35,283
Total 45,575 45,752 47,110 52,406 54,399 54,399 45,575
Total sales (100%) 53,561 53,808 55,018 61,015 63,303 63,303 53,561
(1) Iron ore production and sales are reported on a wet tonnes basis.
(2) Yarrie ceased production on 25 February 2014.
(3) Shown on 100% basis. BHP Billiton interest in saleable production is 85%.
(4) All production from Wheelarra is now processed via the Jimblebar processing hub.
Samarco, Brazil
Production (1) 2,729 2,841 2,281 3,068 3,426 3,426 2,729
Sales 2,676 3,025 2,036 3,077 3,303 3,303 2,676
(1) Iron ore production and sales are reported on a wet tonnes basis.
PRODUCTION AND SALES REPORT
QUARTER ENDED YEAR TO DATE
SEP DEC MAR JUN SEP SEP SEP
2013 2013 2014 2014 2014 2014 2013
Coal
(kt)
Metallurgical coal
Queensland Coal
Production (1)
BMA
Blackwater 1,691 1,655 1,759 1,625 1,777 1,777 1,691
Goonyella 1,737 1,999 2,041 1,553 2,144 2,144 1,737
Peak Downs 1,112 1,201 1,314 1,282 1,144 1,144 1,112
Saraji 1,197 1,195 1,108 1,058 1,022 1,022 1,197
Gregory Joint Venture 464 850 654 997 808 808 464
Daunia 504 594 585 518 628 628 504
Caval Ridge - - - 563 705 705 -
Total BMA 6,705 7,494 7,461 7,596 8,228 8,228 6,705
BHP Mitsui Coal (2)
South Walker Creek 1,298 1,313 1,312 1,323 1,391 1,391 1,298
Poitrel 759 801 683 820 813 813 759
Total BHP Mitsui Coal total 2,057 2,114 1,995 2,143 2,204 2,204 2,057
Total Queensland Coal 8,762 9,608 9,456 9,739 10,432 10,432 8,762
Sales
Coking coal 6,123 6,517 7,030 7,250 7,306 7,306 6,123
Weak coking coal 2,397 2,505 2,594 2,358 2,859 2,859 2,397
Thermal coal 160 271 122 134 43 43 160
Total 8,680 9,293 9,746 9,742 10,208 10,208 8,680
(1) Metallurgical coal production is reported on the basis of saleable product. Production figures include some
thermal coal.
(2) Shown on 100% basis. BHP Billiton interest in saleable production is 80%.
Illawarra, Australia
Production (1) 1,423 1,932 2,011 2,147 2,337 2,337 1,423
Sales
Coking coal 1,084 1,495 1,581 1,761 1,617 1,617 1,084
Thermal coal 359 318 460 486 373 373 359
Total 1,443 1,813 2,041 2,247 1,990 1,990 1,443
(1) Metallurgical coal production is reported on the basis of saleable product. Production figures include some
thermal coal.
Energy coal
South Africa (1)
Production 7,937 7,036 7,398 8,013 8,026 8,026 7,937
Sales
Export 2,504 4,087 3,179 3,528 3,739 3,739 2,504
Local utility 4,543 3,811 3,478 4,498 4,367 4,367 4,543
Inland - - - - 36 36 -
Total 7,047 7,898 6,657 8,026 8,142 8,142 7,047
(1) Shown on 100% basis. BHP Billiton interest in saleable product is 90%.
New Mexico, USA
Production
Navajo Coal(1) 1,670 1,400 975 1,082 1,243 1,243 1,670
San Juan Coal 1,475 1,496 1,384 1,330 1,447 1,447 1,475
Total 3,145 2,896 2,359 2,412 2,690 2,690 3,145
Sales - local utility 3,129 2,950 2,360 2,382 2,723 2,723 3,129
(1) BHP Billiton completed the scale of Navajo Mine on 30 December 2013. As BHP Billiton will retain control of
the mine until full consideration is received, production will continue to be reported by the Group.
NSW Energy Coal, Australia
Production 5,372 4,544 5,018 5,030 4,752 4,752 5,372
Sales
Export 4,037 4,887 4,346 4,548 4,787 4,787 4,037
Inland 446 332 270 333 371 371 446
Total 4,483 5,219 4,616 4,881 5,158 5,158 4,483
Cerrejón, Colombia
Production 3,185 3,291 2,948 2,908 2,369 2,369 3,185
Sales - export 3,155 3,067 2,647 2,858 3,077 3,077 3,155
PRODUCTION AND SALES REPORT
QUARTER ENDED YEAR TO DATE
SEP DEC MAR JUN SEP SEP SEP
2013 2013 2014 2014 2014 2014 2013
Aluminium, Manganese and Nickel
(kt)
Alumina
Saleable production
Worsley, Australia 946 1,024 936 1,010 893 893 946
Alumar, Brazil 305 328 314 315 342 342 305
Total 1,251 1,352 1,250 1,325 1,235 1,235 1,251
Sales
Worsley, Australia 897 961 986 1,020 875 875 897
Alumar, Brazil 278 320 262 388 323 323 278
Total 1,175 1,281 1,248 1,408 1,198 1,198 1,175
Aluminium
Production
Hillside, South Africa 184 183 172 176 180 180 184
Bayside, South Africa(1) 24 24 23 18 - - 24
Alumar, Brazil 35 28 26 15 13 13 35
Mozal, Mozambique 67 67 65 67 68 68 67
Total 310 302 286 276 261 261 310
Sales
Hillside, South Africa 180 173 187 168 174 174 180
Bayside, South Africa(1) 24 24 24 24 - - 24
Alumar, Brazil 34 28 25 17 15 15 34
Mozal, Mozambique 68 74 72 62 64 64 68
Total 306 299 308 271 253 253 306
(1) Aluminium smelting at Bayside ceased with the closure of the final potline in June 2014.
Manganese ores
Saleable production
South Africa (1) 864 944 782 936 1,049 1,049 864
Australia (1) 1,182 1,256 1,019 1,319 1,210 1,210 1,182
Total 2,046 2,200 1,801 2,255 2,259 2,259 2,046
Sales
South Africa (1) 920 714 915 931 999 999 920
Australia (1) 1,078 1,445 1,252 1,288 1,224 1,224 1,078
Total 1,998 2,159 2,167 2,219 2,223 2,223 1,998
Manganese alloys
Saleable production
South Africa (1) (2) 86 94 91 106 112 112 86
Australia (1) 51 72 71 75 59 59 51
Total 137 166 162 181 171 171 137
Sales
South Africa (1) (2) 88 87 113 112 115 115 88
Australia (1) 54 63 85 74 56 56 54
Total 142 150 198 186 171 171 142
(1) Shown on 100% basis. BHP Billiton interest in saleable production is 60%, except Hotazel Manganese
Mines which is 44.4%.
(2) Production includes Medium Carbon Ferro Manganese.
Nickel
Cerro Matoso, Colombia
Production 12.0 12.3 9.8 10.2 10.7 10.7 12.0
Sales 12.6 12.3 10.0 10.2 10.5 10.5 12.6
Nickel West, Australia
Saleable production
Nickel contained in concentrate 3.4 2.4 2.5 1.6 2.2 2.2 3.4
Nickel contained in finished matte 8.8 6.1 6.1 4.4 9.1 9.1 8.8
Nickel metal 16.2 17.0 15.7 14.7 13.7 13.7 16.2
Nickel production 28.4 25.5 24.3 20.7 25.0 25.0 28.4
Sales
Nickel contained in concentrate 2.7 2.8 2.3 1.6 2.1 2.1 2.7
Nickel contained in finished matte 7.8 7.4 5.3 6.2 6.6 6.6 7.8
Nickel metal 15.3 17.2 16.7 14.4 11.9 11.9 15.3
Nickel sales 25.8 27.4 24.3 22.2 20.6 20.6 25.8
Date: 22/10/2014 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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