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BHPBill - iron ore negotiations
BHP Billiton today announced that it had reached agreement with a significant number of customers throughout Asia to move existing iron ore contracts that were previously priced annually onto a shorter term landed price equivalent basis. The agreements reached represent the majority of BHP Billiton`s iron ore sales volume. The structural change that these settlements represent is consistent with BHP Billiton achieving market clearing prices. Further information on BHP Billiton can be found on our Internet site: www.bhpbilliton.com.
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BHP cautious says departing chairman
Business day noted, BHP Billiton, the world's largest resources group, remained cautious about the state of the global economy as several countries cut back stimulus, outgoing chairman Don Argus said yesterday. BHP was confident the iron-ore joint venture with Rio Tinto would be finalised this year, despite uncertainty about financial markets.
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BHPBILL - coal negotiations update
BHP Billiton announced that it had reached terms for a significant portion of its hard coking coal volumes for 2010, based on a structural change to shorter term market based pricing for the contract period. The company has reached agreement with a range of customers throughout Europe, China, India and Japan. These settlements reflect the company's commitment to achieving market clearing prices over time across all its bulk commodities.
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BHPBILL - 2010 interim dividend
On 10 February 2010 the group announced an interim dividend for the half year ended 31 December 2009 of USD42 cps. Included in the announcement was the advice that the currency conversion for Australian cents, British pence and New Zealand cents would be based on the foreign currency exchange rates on the record date, 5 March 2010, and for South African cents the last date to trade on the JSE Ltd, being 26 February 2010.
The following table details the currency exchange rates applicable for the dividend:
Dividend USD42.0 cps
- South African cents - 7.76844
The dividend will be paid on Tuesday, 23 March 2010.
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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