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BIL
BIBLT
BIL - BHP Billiton Plc - Approves investment in Newcastle third export coal
terminal
BHP Billiton Plc
Share code: BIL
ISIN:GB0000566504
22 January 2008
Number 01/08
BHP BILLITON APPROVES INVESTMENT IN NEWCASTLE THIRD EXPORT COAL TERMINAL
BHP Billiton today announced approval of the Newcastle Third Port Project (the
Project), with a capital investment of US$390 million (BHP Billiton`s share as
advised by Newcastle Coal Infrastructure Group Pty Ltd (NCIG)). The Project,
managed by NCIG, involves the construction of a 30 million tonne per annum
(Mtpa) export coal loading facility with a future option to expand to 66Mtpa.
The port is located on Kooragang Island, in Newcastle (Australia), and will
include a rail unloader, stockpile facilities, a ship loader and two berths in
the south arm of the Hunter River. BHP Billiton President Coal, Dave Murray,
said "This Project is an important strategic investment. It underpins our
ability to pursue growth options in our New South Wales Energy Coal business and
enables us to meet strong demand from our customers."
The first ship loading of coal is scheduled for late calendar year 2010.
Shareholders in NCIG are BHP Billiton 35.5 per cent (through Hunter Valley
Energy Coal Pty Ltd), Peabody Coal 17.7 per cent (through Excel Coal Limited),
Felix NSW Pty Ltd 15.3 per cent, Donaldson Coal Pty Ltd 11.6 per cent,
Whitehaven Coal Mining Limited 11.1 per cent and Centennial Coal Infrastructure
Pty Ltd 8.8 per cent.
Further information on BHP Billiton can be found on our Internet site:
www.bhpbilliton.com
Australia United Kingdom
Samantha Evans, Media Relations Andre Liebenberg, Investor Relations
Tel: +61 3 9609 2898 Mobile: +61 Tel: +44 20 7802 4131 Mobile: +44
400 693 915 7920 236 974
Email: Email:
Samantha.Evans@bhpbilliton.com Andre.Liebenberg@bhpbilliton.com
Don Carroll, Investor Relations Illtud Harri, Media Relations
Tel: +61 3 9609 2686 Mobile: +61 Tel: +44 20 7802 4195 Mobile: +44
417 591 938 7920 237 246
Email: Email: Illtud.Harri@bhpbilliton.com
Don.A.Carroll@bhpbilliton.com
South Africa
United States Tracey Whitehead, Alison Gilbert, Investor Relations
Investor & Media Relations Tel: SA +27 11 376 2121 or UK +44 20
Tel: US +1 713 599 6100 or UK +44 7802 4183
20 7802 4031 Mobile: +44 7769 936 227
Mobile: +44 7917 648 093 Email: Alison.Gilbert@bhpbilliton.com
Email:
Tracey.Whitehead@bhpbilliton.com
Date: 22/01/2008 08:57:01 Produced by the JSE SENS Department.
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