To view the PDF file, sign up for a MySharenet subscription.

BHP BILLITON PLC - Global Iron Ore & Steel Forecast Conference Presentation

Release Date: 29/03/2017 07:05
Code(s): BIL     PDF:  
Wrap Text
Global Iron Ore & Steel Forecast Conference Presentation

BHP Billiton Plc
Registration number 3196209
Registered in England and Wales
Share code: BIL
ISIN: GB0000566504



Issued by:                        BHP Billiton Plc


Date:                             29 March 2017


To:                               London Stock Exchange
                                  JSE Limited


For Release:                      Immediately


Contact:                          Helen Ratsey +44 (0) 20 7802 7540



                    BHP Billiton Plc – Global Iron Ore & Steel Forecast Conference



  UK Listing Authority Submissions

  The following document has today been submitted to the National Storage Mechanism
  and will shortly be available for inspection at www.hemscott.com/nsm.do:

           -         Global Iron Ore & Steel Forecast Conference Presentation

  The document may also be accessed via BHP Billiton’s website - www.bhpbilliton.com



  BHP Billiton Plc Registration number 3196209
  LEI 549300C116EOWV835768
  Registered in England and Wales
  Registered Office: Neathouse Place
  London SW1V 1LH United Kingdom
  Tel +44 20 7802 4000 Fax +44 20 7802 4111

  A member of the BHP Billiton Group which is headquartered in Australia




  Sponsor: UBS South Africa (Pty) Limited



NEWS RELEASE

Release Time        IMMEDIATE
Date                29 March 2017
Release Number      12/17



OUR CULTURE TO DRIVE VALUE AND RETURNS AT WAIO

Speaking at the 20th Annual Global Iron Ore and Steel Forecast Conference, BHP
Billiton Western Australia Iron Ore (WAIO) Asset President, Edgar Basto, said that
while the growth of low-cost seaborne iron ore supply is expected to outpace
incremental demand, the Company is well-positioned to continue to grow value and
returns.

“Our drive for increased performance focuses on operational discipline and the
involvement of front line personnel, and is delivering ongoing improvements in our
business,” Mr Basto said.

WAIO achieved record production of 136 million tonnes (100 per cent basis) in the
December 2016 half year. The completion of the rail renewal and maintenance
program in the last quarter of the 2017 financial year, which is running six months
ahead of schedule, coupled with the ramp-up of additional capacity at the Jimblebar
mining hub and ongoing productivity improvements, are expected to deliver an
increase in WAIO system capacity to 290 million tonnes per annum (Mtpa) in the 2019
financial year.

BHP Billiton’s new operating model is also supporting improved performance, with
additional opportunities identified to improve rail cycle times, truck availability and fuel
consumption, as well as to increase equipment reliability and extend equipment life,
thereby lowering operating costs further.

Mr Basto also outlined the sustaining investment options currently being considered.

“Our Yandi mine, located in the central Pilbara, is currently operating at 80 Mtpa but
will be depleted over the next five to 10 years. We are looking at options to replace
this production. South Flank is the preferred long-term solution, subject to Board
approval being obtained. The investment case for using this high-grade deposit for
replacement tonnes is strong, given BHP Billiton’s ability to utilise existing
infrastructure at the Mining Area C operation where possible,” Mr Basto said.


Further information on BHP Billiton can be found at: bhpbilliton.com


Media Relations                                   Investor Relations


Australia and Asia                                Australia and Asia


Paul Hitchins                                     Tara Dines
Tel: +61 3 9609 2592 Mobile +61 419 315 001       Tel: +61 3 9609 2222 Mobile: +61 499 249 005
Email: Paul.Hitchins@bhpbilliton.com              Email: Tara.Dines@bhpbilliton.com


Fiona Hadley                                      Andrew Gunn
Tel: +61 3 9609 2211 Mobile +61 427 777 908       Tel: +61 3 9609 3575 Mobile: +61 402 087 354
Email: Fiona.Hadley@bhpbilliton.com               Email: Andrew.Gunn@bhpbilliton.com


Amanda Saunders                                   United Kingdom and South Africa
Tel: +61 3 9609 3985 Mobile +61 417 487 973
Email: Amanda.Saunders@bhpbilliton.com            Rob Clifford
                                                  Tel: +44 20 7802 4131 Mobile: +44 7788 308 844
United Kingdom and South Africa                   Email: Rob.Clifford@bhpbilliton.com


Neil Burrows                                      Elisa Morniroli
Tel: +44 207 802 7484                             Tel: +44 20 7802 7611 Mobile: +44 7825 926 646
Email: Neil.Burrows@bhpbilliton.com               Email: Elisa.Morniroli@bhpbilliton.com


North America                                     Americas


Bronwyn Wilkinson                                 James Wear
Mobile: +1 604 340 8753                           Tel: +1 713 993 3737 Mobile: +1 347 882 3011
Email: Bronwyn.Wilkinson@bhpbilliton.com          Email: James.Wear@bhpbilliton.com




BHP Billiton Limited ABN 49 004 028 077           BHP Billiton Plc Registration number 3196209
LEI WZE1WSENV6JSZFK0JC28                          LEI 549300C116EOWV835768
Registered in Australia                           Registered in England and Wales
Registered Office: Level 18, 171 Collins Street   Registered Office: Neathouse Place
Melbourne Victoria 3000 Australia                 London SW1V 1LH United Kingdom
Tel +61 1300 55 4757 Fax +61 3 9609 3015          Tel +44 20 7802 4000 Fax +44 20 7802 4111




Members of the BHP Billiton Group which is
headquartered in Australia
Follow us on social media

Date: 29/03/2017 07:05:00 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.

Share This Story