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. 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