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Wed, 20 Apr 2016	Official Announcement [C]
BHPBill - operational review BHPBill released an Operational Review for the nine months ended 31 March 2016. Highlights include: On track to deliver an average unit cost improvement of 14% across our major assets as productivity gains continue to be realised. Full year production guidance maintained for Petroleum, Copper and Coal. Guidance at Western Australia Iron Ore (WAIO) reduced by 10 Mt to approximately 260 Mt (100% basis) as a result of adverse weather and the initiation of an accelerated rail network maintenance program. In Petroleum, a USD640 million exploration program is now planned for the 2016 financial year to fund additional access and testing of our future growth opportunities. Four major projects under development are tracking to plan. The Escondida Bioleach Pad Extension project was completed as planned during the March 2016 quarter. Further information on BHPBill can be found at: bhpbilliton.com
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