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BIL
BIBLT
BIL - BHP Billiton Plc - BHP Billiton production report for the half year
ended 31 December 2007
BHP Billiton Plc
Share code: BIL
ISIN: GB0000566504
23 January 2008
Number 02/08
BHP BILLITON PRODUCTION REPORT FOR THE HALF YEAR ENDED 31 DECEMBER 2007
Production was significantly up in 13 commodities, with record or equal record
production achieved in seven major commodities during the half year ended
December 2007. These records were delivered in 12 assets across six of our
nine Customer Sector Groups. This performance reinforces our strong track
record of project delivery. Our deep inventory of expansion projects underpins
further growth.
We have a broad exposure to the steel making sector through our iron ore,
manganese and metallurgical coal operations and achieved record shipments in
all of these commodities; delivering an eighth consecutive half year
production record at Western Australia Iron Ore. This was achieved at a time
when current demand and the outlook remain very strong and prices for these
commodities reached record levels.
The newly commissioned petroleum projects contributed to a record performance.
Continuing ramp up of production from these projects and future expansions
will enhance our net long energy position at a time of historically high
energy prices.
We continued to focus on developing and delivering world class projects. First
product was delivered from seven major projects across five commodities during
the quarter. This, along with four major projects scheduled to commission in
the next six months will significantly increase our production. A further four
major projects were sanctioned recently, including the third port in
Newcastle, which will underpin our Australian East Coast expansion plans in
Energy Coal.
* Record half year production from the total petroleum business,
including record natural gas. Alumina, copper concentrate, iron ore,
manganese ore and alloy also set records, as well as equal record
production for aluminium. All supported by strong market conditions.
* Significant increase in half year production of copper cathode,
uranium, lead, zinc, diamonds and metallurgical coal.
* Half year production records achieved at Worsley, Western Australia
Iron Ore, GEMCO, Illawarra Coal, and Hunter Valley Coal (all Australia),
Zamzama (Pakistan), Paranam (Suriname), Samarco (Brazil), Hillside and
Samancor (both South Africa), and Cerrejon Coal (Colombia) operations.
Mozal (Mozambique) equalled its previous record production.
* Record half year shipments across the entire carbon steel materials
commodity suite (iron ore up six percent, manganese up six percent and
metallurgical coal up 13 percent) driven by continuing strong customer
demand.
* Record half year total material mined and ore hoisting achieved at
Olympic Dam (Australia).
DEC DEC DEC H 07 DEC Q07 DEC Q07
2007 2007 vs vs vs
PETROLEUM HALF QTR DEC H 06 DEC Q06 SEPT Q07
Crude Oil, Condensate and
Natural Gas Liquids (`000
bbl) (a) 29,395 15,002 2% 9% 4%
Natural Gas (bcf) (a) 186.89 91.21 9% 11% -5%
Total Petroleum Products
(million boe) (a) 60.54 30.20 5% 10% 0%
Total Petroleum Production - Total production for the half year and quarter
was higher than all comparative periods reflecting the start up of Atlantis
and Genghis Khan (both USA), and Stybarrow (Australia) in the December 2007
quarter. A steady increase in the total production profile is expected in the
second half of the 2008 financial year due to the contribution of high margin
output from these projects, all located in fiscally stable regimes.
In less than two months of operation, Stybarrow has already achieved
production levels at nameplate capacity and has offloaded a total of 2.5
million barrels of oil (100% basis).
Crude Oil, Condensate and Natural Gas Liquids - Production was higher than all
comparative periods due to the start up of new projects and continued success
in infill and development drilling programs. This, combined with continued
strong facility uptime, completely offset the effect of natural field decline.
Natural Gas - Record half year production was achieved due to strong
performance at Bass Strait and North West Shelf (both Australia) and the
remainder of the global portfolio. The improved facility uptime across all
operations also allowed us to capture the benefit of stronger demand for gas
in Australia and Pakistan.
DEC DEC DEC H 07 DEC Q07 DEC Q07
2007 2007 vs vs vs
ALUMINIUM HALF QTR DEC H 06 DEC Q06 SEPT Q07
Alumina (`000 tonnes) 2,310 1,157 4% 0% 0%
Aluminium (`000 tonnes) 675 338 0% 0% 0%
Alumina - All time records in production and sales were achieved for the
December 2007 half year reflecting continued strong performance from all
operations. Worsley and Paranam achieved a second consecutive record half year
of production.
Aluminium - Production equalled both the half year and quarterly records
achieved in the December 2006 half year and quarter. Despite the impact of
load shedding (within agreed contractual limits), Hillside achieved a third
consecutive quarterly record and Mozal equalled its previous record
performance.
DEC DEC DEC H 07 DEC Q07 DEC Q07
2007 2007 vs vs vs
BASE METALS HALF QTR DEC H 06 DEC Q06 SEPT Q07
Copper (`000 tonnes) 655.9 348.1 19% 16% 13%
Lead (tonnes) 132,065 70,544 53% 92% 15%
Zinc (tonnes) 65,066 27,807 49% 41% -25%
Silver (`000 ounces) 23,029 11,905 65% 81% 7%
Uranium Oxide
Concentrate (Uranium)
(tonnes) 2,124 1,191 32% 45% 28%
Copper - Half year production increased significantly with production of
copper concentrate achieving an all time record. The continued ramp up of
Escondida Sulphide Leach and Spence (both Chile) and the recently commissioned
Pinto Valley (USA) all contributed to the increased production. In aggregate,
these projects contributed 96,100 tonnes during the half year ended December
2007. This increase was achieved despite two earthquakes in Chile that reduced
output by approximately 9,100 tonnes, and lower production from Antamina
(Peru) and Olympic Dam. Production at Antamina was impacted by unplanned
interruptions at the SAG mill.
Olympic Dam achieved an all time high in total material mined and ore hoisted
during the December 2007 half year. The build up of underground stock piles is
progressing according to the development program in place to allow for
increased ore hoisting. However, Olympic Dam`s production was impacted by
unplanned smelter interruptions and lower grades.
At 31 December 2007 the Group had 323,469 tonnes of outstanding copper sales
that were revalued at a weighted average price of US$6,662 per tonne. The
final price of these sales will be determined in 2008. In addition, 346,610
tonnes of copper sales were subject to a finalisation adjustment from the
prior period. The finalisation adjustment and provisional pricing impact as at
31 December 2007 will decrease earnings(b) by US$240 million for the period.
Lead - Cannington`s production in the December 2007 quarter was the highest
since the record March 2005 quarter. Performance continues to improve
following the completion of the Cannington (Australia) rehabilitation project.
Zinc - Production for the half year was significantly higher due to higher
grade and an increased proportion of zinc containing ore being processed at
Antamina. The completion of the Cannington rehabilitation project also had a
positive impact.
Silver - Production was significantly higher than the December 2006 half year
and quarter mainly due to the successful completion of the Cannington
rehabilitation project. Half year production records were achieved at
Escondida and Antamina.
Uranium - Production was the highest since the December 2004 quarter and half
year due to ongoing progress at improving recovery and leach circuit
performance at Olympic Dam.
Third party uranium was purchased from the spot market to meet contractual
requirements. This will decrease earnings(b) by US$94 million for the half
year ended December 2007.
DEC DEC DEC H 07 DEC Q07 DEC Q07
2007 2007 vs vs vs
DIAMONDS AND SPECIALTY HALF QTR DEC H 06 DEC Q06 SEPT Q07
PRODUCTS
Diamonds (`000 carats) 1,865 843 31% -10% -18%
Diamonds - As Ekati (Canada) transitions from open pit mining to underground
mining the mix of ore processed will change from time to time. Production for
the half year increased significantly compared to the December 2006 half year
due to higher recoveries and grade. Although production increased it included
a higher proportion of lower value carats.
Carat production decreased compared to the December 2006 and September 2007
quarters due to lower recoveries and grade.
DEC DEC DEC H 07 DEC Q07 DEC Q07
2007 2007 vs vs vs
STAINLESS STEEL HALF QTR DEC H 06 DEC Q06 SEPT Q07
MATERIALS
Nickel (`000 tonnes) 82.3 43.7 -11% -9% 13%
Nickel - Production in the half year ended December 2007 was impacted by
scheduled shutdowns at the Kalgoorlie Nickel Smelter (Australia), Yabulu
(Australia) and Cerro Matoso (Colombia). This was partially offset by higher
production from the Kwinana Nickel Refinery (Australia) which performed at
near record levels. The Ravensthorpe Nickel Operation (Australia) produced
more than 5,000 tonnes of mixed nickel-cobalt hydroxide product in the
December 2007 quarter.
The start up of operations at Ravensthorpe and Line 2 at Yabulu adversely
impacted earnings(b) by US$132 million for the half year ended December 2007.
DEC DEC DEC H 07 DEC Q07 DEC Q07
2007 2007 vs vs vs
IRON ORE HALF QTR DEC H 06 DEC Q06 SEPT Q07
Iron ore (`000 tonnes)
(c) 53,613 27,746 8% 9% 7%
Iron Ore - Record production and sales were achieved for the half year and
quarter ended December 2007. Western Australia Iron Ore and Samarco continued
to perform strongly and set new half year and quarterly production records.
Successful delivery of ongoing expansion projects led to an eighth consecutive
half year production record at our Western Australia Iron Ore operations.
DEC DEC DEC H 07 DEC Q07 DEC Q07
2007 2007 vs vs vs
MANGANESE HALF QTR DEC H 06 DEC Q06 SEPT Q07
Manganese Ore (`000
tonnes) 3,058 1,613 1% 5% 12%
Manganese Alloy (`000
tonnes) 393 209 12% 9% 14%
Manganese Ore - Record half year and quarterly production achieved due to
record or near record performance from all operations.
Manganese Alloy - Production for the half year and quarter ended December 2007
were all time records. Samancor and TEMCO (Australia) delivered strong
production, with Samancor achieving a quarterly record.
DEC DEC DEC H 07 DEC Q07 DEC Q07
2007 2007 vs vs vs
METALLURGICAL COAL HALF QTR DEC H 06 DEC Q06 SEPT Q07
Metallurgical Coal
(`000 tonnes) 19,215 9,643 6% 8% 1%
Metallurgical Coal - Production for the half year and quarter ended December
2007 was higher than all comparative periods. This was achieved despite the
impact of planned and unplanned interruptions and unseasonal wet weather in
Queensland Coal (Australia). Illawarra Coal achieved a half year production
record, reflecting strong performance from West Cliff, Appin and Dendrobium
mines (all Australia). Strong production at Peak Downs and South Walker Creek
(both Australia) and the continued ramp up of Poitrel (Australia) also
contributed to the higher production.
Responding to continuing strong customer demand, both Illawarra Coal and
Queensland Coal achieved record half year shipments. Our Hay Point Coal
terminal (Australia) achieved a half year record throughput despite weather
related closure in the last week of December 2007. This mitigated the impact
of infrastructure constraints at third party facilities.
DEC DEC DEC H 07 DEC Q07 DEC Q07
2007 2007 vs vs vs
ENERGY COAL HALF QTR DEC H 06 DEC Q06 SEPT Q07
Energy Coal (`000
tonnes) (d) 40,232 20,609 -2% -1% 5%
Energy Coal - Production(e) was in line with all the comparative periods.
New Mexico Coal (USA) production improved following maintenance activities at
Navajo (USA) and poor geological conditions at the longwall operation at San
Juan (USA) experienced in the September 2007 quarter. In addition, Hunter
Valley Coal and Cerrejon Coal continued to set new production records.
Third party infrastructure constraints on the east coast of Australia will
continue to impact Hunter Valley Coal`s export sales.
(a) Excluding Moranbah Coal Bed Methane (sold September 2006 quarter) and
Typhoon / Boris (sold December 2006 quarter).
(b) Earnings before interest and tax.
(c) Excluding Goldsworthy operations which were suspended mid calendar year
2006.
(d) Excluding Koornfontein operation which was sold effective 1 July 2007.
(e) Including 5.8 million tonnes of production from our South African
Optimum operation (2.1 million tonnes export and 3.7 million tonnes
domestic). Earnings on these tonnes will be excluded as he entitlement to
those earnings vested with the intended purchaser effective from 1 July
2007.
Throughout this report, unless otherwise stated, production volumes refer to
BHP Billiton share and exclude suspended and sold operations.
This report together with the Exploration and Development Report represent the
Interim Management Statement for the purposes of the UK Listing Authority`s
Disclosure and Transparency Rules. There have been no significant changes in
the financial position of the Group in the half year ended 31 December 2007.
BHP BILLITON PRODUCTION SUMMARY -
CONTINUING OPERATIONS
QUARTER ENDED HALF YEAR % CHANGE
ENDED
DEC DEC DEC
H 07 Q07 Q07
DEC SEPT DEC DEC DEC vs vs vs
2006 2007 2007 2007 2006 DEC DEC SEPT
H 06 Q06 Q07
PETROLEUM
Crude oil and (`000 10,963 11,298 12,317 23,615 23,056 2% 12% 9%
condensate bbl)
Natural gas (bcf) 82.14 95.68 91.21 186.89 171.32 9% 11% -5%
(a)
Natural gas (`000 2,747 3,095 2,685 5,780 5,877 -2% -2% -13%
liquid bbl)
Total (million 27.36 30.34 30.20 60.54 57.45 5% 10% 0%
Petroleum boe)
Products (a)
ALUMINIUM
Alumina (`000 1,153 1,153 1,157 2,310 2,231 4% 0% 0%
tonnes)
Aluminium (`000 338 337 338 675 675 0% 0% 0%
tonnes)
BASE METALS
Copper (`000 300.7 307.8 348.1 655.9 550.4 19% 16% 13%
tonnes)
Lead (tonnes) 36,804 61,521 70,544 132,065 86,114 53% 92% 15%
Zinc (tonnes) 19,776 37,259 27,807 65,066 43,787 49% 41% -25%
Gold (ounces) 38,564 40,313 45,714 86,027 79,724 8% 19% 13%
Silver (`000
ounces) 6,566 11,124 11,905 23,029 13,915 65% 81% 7%
Uranium oxide (tonnes)
concentrate 822 933 1,191 2,124 1,615 32% 45% 28%
Molybdenum (tonnes) 768 693 679 1,372 1,487 -8% -12% -2%
DIAMONDS AND SPECIALTY
PRODUCTS
Diamonds (`000 937 1,022 843 1,865 1,424 31% -10% -18%
carats)
STAINLESS
STEEL
MATERIALS
Nickel (`000 48.3 38.6 43.7 82.3 92.8 -11% -9% 13%
tonnes)
IRON ORE
Iron ore (b) (`000
tonnes) 25,370 25,867 27,746 53,613 49,567 8% 9% 7%
MANGANESE
Manganese ore (`000 1,529 1,445 1,613 3,058 3,038 1% 5% 12%
tonnes)
Manganese Producti
alloy on 191 184 209 393 350 12% 9% 14%
include
Medium
Carbon
Ferro
Manganes
e.
METALLURGICAL
COAL
Metallurgical (`000
coal tonnes) 8,966 9,572 9,643 19,215 18,213 6% 8% 1%
ENERGY COAL
Energy coal (`000
(c) tonnes) 20,720 19,623 20,609 40,232 41,198 -2% -1% 5%
(a) Excluding Moranbah Coal Bed Methane (sold September 2006 quarter) and
Typhoon / Boris (sold December 2006 quarter).
(b) Excluding Goldsworthy operations which were suspended mid calendar year
2006.
(c) Excluding Koornfontein which was disposed effective 1 July 2007.
Throughout this report figures in italics indicate that this
figure has been adjusted since it was previously reported.
BHP BILLITON
ATTRIBUTABLE PRODUCTION
QUARTER ENDED HALF YEAR
ENDED
BHP DEC MAR JUNE SEPT DEC DEC DEC
Billi
ton
Inter 2006 2007 2007 2007 2007 2007 2006
est
PETROLEUM
Production
Crude oil and (`000 10,963 10,671 11,44 11,299 12,31 23,616 23,05
condensate bbl) 3 7 4
Natural gas (bcf) 83.09 86.68 95.25 95.68 91.21 186.89 174.9
2
NGL (a) (`000 2,746 2,626 3,018 3,095 2,685 5,780 5,878
bbl)
Total Petroleum (mill 27.52 27.68 30.47 30.34 30.20 60.54 58.05
Products ion
boe)
ALUMINIUM
ALUMINA
Production (`000
tonnes)
Worsley 86% 776 708 768 784 771 1,555 1,480
Suriname 45% 241 241 243 244 252 496 494
Alumar 36% 136 136 133 125 134 259 257
Total 1,153 1,085 1,144 1,153 1,157 2,310 2,231
ALUMINIUM
Production (`000
tonnes)
Hillside 100% 176 174 177 178 180 358 353
Bayside 100% 50 48 47 48 47 95 99
Alumar 40% 45 44 44 44 44 88 89
Mozal 47% 67 65 66 67 67 134 134
Total 338 331 334 337 338 675 675
BASE METALS (b)
COPPER
Payable metal in
concentrate (`000
tonnes)
Escondida 57.5% 160.6 178.1 170.5 167.0 177.3 344.3 290.3
Antamina 33.8% 34.1 24.2 26.4 27.5 29.3 56.8 63.1
Pinto Valley 100% - - - - 5.2 5.2 -
Total 194.7 202.3 196.9 194.5 211.8 406.3 353.4
Cathode (`000
tonnes)
Escondida 57.5% 32.7 38.2 37.7 30.9 30.3 61.2 50.2
Cerro Colorado 100% 27.4 28.1 20.3 23.1 27.3 50.4 57.4
Spence (c) 100% 4.3 33.5 37.7 23.9 34.2 58.1 4.3
Pinto Valley 100% 1.9 1.9 1.9 1.8 1.7 3.5 3.8
Olympic Dam 100% 39.7 53.6 47.6 33.6 42.8 76.4 81.3
Total 106.0 155.3 145.2 113.3 136.3 249.6 197.0
LEAD
Payable metal in
concentrate
(tonnes)
Cannington 100% 36,454 62,974 62,40 61,073 70,36 131,442 85,43
9 9 1
Antamina 33.8% 350 469 317 448 175 623 683
Total 36,804 63,443 62,72 61,521 70,54 132,065 86,11
6 4 4
ZINC
Payable metal in
concentrate
(tonnes)
Cannington 100% 8,806 15,095 11,35 14,503 15,48 29,990 19,23
5 7 2
Antamina 33.8% 10,970 20,665 27,79 22,756 12,32 35,076 24,55
3 0 5
Total 19,776 35,760 39,14 37,259 27,80 65,066 43,78
8 7 7
Refer footnotes
on page 4.
BASE METALS
(continued)
GOLD
Payable metal in
concentrate
(ounces)
Escondida 57.5% 22,365 21,243 23,75 23,194 21,37 44,570 39,41
4 6 4
Olympic Dam 100% 16,199 22,661 28,68 17,119 24,33 41,457 40,31
(refined gold) 9 8 0
Total 38,564 43,904 52,44 40,313 45,71 86,027 79,72
3 4 4
SILVER
Payable metal in
concentrate (`000
ounces)
Escondida 57.5% 880 920 990 1,116 877 1,993 1,604
Antamina 33.8% 736 749 934 1,056 652 1,708 1,449
Cannington 100% 4,805 9,160 9,426 8,759 10,12 18,883 10,51
4 9
Olympic Dam 100% 145 196 275 193 239 432 343
(refined silver)
Pinto Valley 100% - - - - 13 13 -
Total 6,566 11,025 11,62 11,124 11,90 23,029 13,91
5 5 5
URANIUM OXIDE
CONCENTRATE
Payable metal in
concentrate
(tonnes)
Olympic Dam 100% 822 883 988 933 1,191 2,124 1,615
Total 822 883 988 933 1,191 2,124 1,615
MOLYBDENUM
Payable metal in
concentrate
(tonnes)
Antamina 33.8% 768 288 493 693 679 1,372 1,487
Total 768 288 493 693 679 1,372 1,487
DIAMONDS AND
SPECIALTY PRODUCTS
DIAMONDS
Production (`000
carats)
Ekati(TM) 80% 937 889 911 1,022 843 1,865 1,424
STAINLESS STEEL
MATERIALS
NICKEL
Production (`000
tonnes)
CMSA 99.9% 12.8 12.8 12.7 12.5 11.4 23.9 25.5
Yabulu 100% 7.5 8.0 9.3 5.5 6.0 11.5 14.8
Nickel West 100% 28.0 25.0 26.6 20.6 26.3 46.9 52.5
Total 48.3 45.8 48.6 38.6 43.7 82.3 92.8
Refer footnotes
on page 4.
IRON ORE
Production (`000
tonnes) (d)
Mt Newman Joint 85% 7,536 6,711 7,665 7,904 8,147 16,051 14,93
Venture 0
Goldsworthy Joint 85% 84 142 195 134 170 304 890
Venture
Area C Joint 85% 5,334 4,853 5,078 4,916 6,474 11,390 10,15
Venture 5
Yandi Joint 85% 9,106 8,277 9,661 9,823 9,770 19,593 17,61
Venture 0
Jimblebar 85% 1,449 1,177 1,341 1,157 1,248 2,405 2,939
Samarco 50% 1,945 1,866 2,001 2,067 2,107 4,174 3,933
Total 25,454 23,026 25,94 26,001 27,91 53,917 50,45
1 6 7
MANGANESE
MANGANESE ORES
Saleable
production (`000
tonnes)
South Africa (e) 60% 663 632 631 572 709 1,281 1,307
Australia (e) 60% 866 820 888 873 904 1,777 1,731
Total 1,529 1,452 1,519 1,445 1,613 3,058 3,038
MANGANESE ALLOYS
Saleable
production (`000
tonnes)
South Africa (e) 60% 125 132 137 123 141 264 224
(f)
Australia (e) 60% 66 64 49 61 68 129 126
Total 191 196 186 184 209 393 350
METALLURGICAL COAL
Production (`000
tonnes) (g)
BMA 50% 6,106 6,478 7,442 5,917 6,138 12,055 12,76
3
BHP Mitsui Coal 80% 873 1,067 2,047 1,454 1,526 2,980 1,746
(h)
Illawarra 100% 1,987 1,539 1,643 2,201 1,979 4,180 3,704
Total 8,966 9,084 11,13 9,572 9,643 19,215 18,21
2 3
ENERGY COAL
Production (`000
tonnes)
South Africa 100% 13,032 12,863 12,59 11,706 11,27 22,983 26,18
6 7 3
USA 100% 3,871 3,106 4,636 2,511 3,671 6,182 7,338
Australia 100% 2,790 2,731 2,610 2,918 2,959 5,877 5,556
Colombia 33% 2,337 2,230 2,441 2,488 2,702 5,190 4,735
Total 22,030 20,930 22,28 19,623 20,60 40,232 43,81
3 9 2
(a) LPG and Ethane are reported as Natural Gas Liquid (NGL). Product-
specific conversions are made and NGL is reported in barrels of oil
equivalent (boe).
(b) Metal production is reported on the basis of payable metal.
(c) Spence operations were commissioned during the December 2006 quarter.
(d) Iron ore production is reported on a wet tonnes basis.
(e) Shown on 100% basis. BHP Billiton interest in saleable production is
60%.
(f) Production include Medium Carbon Ferro Manganese.
(g) Metallurgical coal production is reported on the basis of saleable
product. Production figures include some thermal coal.
(h) Shown on 100% basis. BHP Billiton interest in saleable production is
80%.
PRODUCTION AND
SHIPMENT REPORT
QUARTER ENDED HALF YEAR
ENDED
DEC MAR JUNE SEPT DEC DEC DEC
2006 2007 2007 2007 2007 2007 2006
PETROLEUM
BHP Billiton attributable production unless otherwise stated.
CRUDE OIL & CONDENSATE (`000
barrels)
Bass Strait 3,311 3,144 3,929 3,638 3,103 6,741 7,158
North West Shelf 2,735 2,532 2,514 2,532 2,493 5,025 5,719
Atlantis (a) - - - - 615 615 -
Shenzi (a) - - - - 32 32 -
Liverpool Bay & Bruce 1,482 1,053 1,011 923 946 1,869 2,592
/ Keith
ROD / Ohanet 1,793 2,104 1,730 1,830 1,709 3,539 3,757
Other (b) 1,642 1,838 2,259 2,376 3,419 5,795 3,828
Total 10,963 10,671 11,443 11,299 12,317 23,616 23,054
NATURAL GAS (billion
cubic feet) (c)
Bass Strait 20.53 22.73 37.70 39.77 28.41 68.18 54.07
North West Shelf 27.48 27.10 25.70 27.17 28.13 55.30 52.70
Atlantis (a) - - - - 0.12 0.12 -
Shenzi (a) - - - - 0.01 0.01 -
Liverpool Bay & Bruce 15.01 15.18 12.71 8.87 12.70 21.57 25.37
/ Keith
Other (b) 20.07 21.67 19.14 19.87 21.84 41.71 42.79
Total 83.09 86.68 95.25 95.68 91.21 186.89 174.92
NGL (`000 barrels)
Bass Strait 1,726 1,643 2,163 2,327 1,801 4,128 3,950
North West Shelf 441 435 369 438 417 855 885
Liverpool Bay & Bruce 143 151 124 48 153 201 288
/ Keith
ROD / Ohanet 436 397 362 282 314 596 755
Total 2,746 2,626 3,018 3,095 2,685 5,780 5,878
TOTAL PETROLEUM 27.52 27.68 30.47 30.34 30.20 60.54 58.05
PRODUCTS
(million barrels of
oil equivalent) (d)
(a) Atlantis and Genghis Khan operations were commissioned during the
December 2007 quarter. Genghis Khan is reported in Shenzi.
(b) Other includes Stybarrow, Griffin, Minerva, Angostura, Mad Dog, Other
Americas (which includes West Cameron 76, Mustang, Genesis, Starlifter
and Green Canyon 18/60) and Pakistan. Stybarrow operation was commisioned
during the December 2007 quarter.
(c) BHP Billiton completed the sale of its interest in Moranbah Coal Bed
Methane in the September 2006 quarter.
(d) Total barrels of oil equivalent (boe) conversions are based on 6000scf of
natural gas equals 1 boe.
PRODUCTION AND
SHIPMENT REPORT
QUARTER ENDED HALF YEAR
ENDED
DEC MAR JUNE SEPT DEC DEC DEC
2006 2007 2007 2007 2007 2007 2006
ALUMINIUM
BHP Billiton attributable production and sales unless otherwise stated.
(`000 tonnes)
ALUMINA
Production
Worsley, Australia 776 708 768 784 771 1,555 1,480
Paranam, Suriname 241 241 243 244 252 496 494
Alumar, Brazil 136 136 133 125 134 259 257
Total 1,153 1,085 1,144 1,153 1,157 2,310 2,231
Sales
Worsley, Australia 820 659 794 792 803 1,595 1,486
Paranam, Suriname 243 225 253 244 265 509 479
Alumar, Brazil 137 120 164 131 128 259 245
Total (a) 1,200 1,004 1,211 1,167 1,196 2,363 2,210
ALUMINIUM
Production
Hillside, South 176 174 177 178 180 358 353
Africa
Bayside, South 50 48 47 48 47 95 99
Africa
Alumar, Brazil 45 44 44 44 44 88 89
Mozal, Mozambique 67 65 66 67 67 134 134
Total 338 331 334 337 338 675 675
Sales
Hillside, South 173 162 188 165 180 345 343
Africa
Bayside, South 47 46 57 50 50 100 91
Africa
Alumar, Brazil 42 38 47 43 48 91 86
66 64 70 56 72 128 126
Mozal, Mozambique
Total 328 310 362 314 350 664 646
Tolling Agreement 20 33 32 33 33 66 44
(a)
348 343 394 347 383 730 690
(a) Equity Alumina is converted into Aluminium under a third party tolling
agreement. These tonnages are allocated to equity sales.
QUARTER ENDED HALF YEAR
ENDED
DEC MAR JUNE SEPT DEC DEC DE
C
2006 2007 2007 2007 2007 2007 20
06
Material mined (`000 93,7 85,65 88,409 82,995 88,319 171,314 153,37
(100%) tonnes) 70 4 1
Sulphide ore (`000 22,5 23,45 23,064 22,406 21,777 44,183 40,842
milled (100%) tonnes) 85 0
Average copper (%) 1.55 1.62% 1.58% 1.63% 1.72% 1.68% 1.55%
grade %
Production ex (`000 289. 319.1 306.0 305.2 316.8 622.0 523.4
Mill (100%) tonnes) 4
Production
Payable copper (`000 160. 178.1 170.5 167.0 177.3 344.3 290.3
tonnes) 6
Payable gold (fine 22,3 21,24 23,754 23,194 21,376 44,570 39,414
concentrate ounces) 65 3
Copper cathode (`000 32.7 38.2 37.7 30.9 30.3 61.2 50.2
(EW) tonnes)
Payable silver (`000 880 920 990 1,116 877 1,993 1,604
concentrate ounces)
Sales
Payable copper (`000 167. 149.4 199.0 162.9 173.0 335.9 301.7
tonnes) 9
Payable gold (fine 23,0 17,96 27,623 22,957 21,158 44,115 40,867
concentrate ounces) 89 6
Copper cathode (`000 27.3 36.0 43.0 35.8 26.9 62.7 41.5
(EW) tonnes)
Payable silver (`000 909 785 1,153 1,089 864 1,953 1,661
concentrate ounces)
Material mined (`000 18,8 15,42 13,984 17,095 17,798 34,89 35,192
tonnes) 58 9 3
Ore milled (`000 4,57 4,398 4,365 4,278 4,410 8,688 9,086
tonnes) 8
Average copper (%) 0.81 0.90% 0.79% 0.84% 1.03% 0.92% 0.81%
grade %
Production
Copper cathode (`000 27.4 28.1 20.3 23.1 27.3 50.4 57.4
(EW) tonnes)
Sales
Copper cathode (`000 28.3 27.9 24.1 23.5 24.5 48.0 56.2
(EW) tonnes)
Material mined (`000 20,329 19,68 20,275 16,98 19,758 36,741 20,329
tonnes) 4 3
Ore milled (`000 3,510 4,282 3,718 4,132 4,333 8,465 3,510
tonnes)
Average copper (%) 1.76% 2.00% 1.80% 1.56% 1.61% 1.60% 1.76%
grade
Production
Copper cathode (`000 4.3 33.5 37.7 23.9 34.2 58.1 4.3
(EW) tonnes)
Sales
Copper cathode (`000 1.3 28.0 40.4 31.0 24.0 55.0 1.3
(EW) tonnes)
Spence operations were commissioned during the December 2006 quarter.
(`000 28,317 24,42 29,03 31,14 31,28 62,434 58,234
tonnes) 8 4 5 9
(`000 7,930 7,841 8,033 8,344 6,955 15,299 15,511
tonnes)
(%) 1.41% 1.10% 1.17% 1.15% 1.47% 1.32% 1.32%
(%) 0.65% 1.25% 1.46% 1.17% 0.69% 0.95% 0.75%
(`000
tonnes) 34.1 24.2 26.4 27.5 29.3 56.8 63.1
(tonnes) 10,970 20,66 27,79 22,75 12,32 35,076 24,555
5 3 6 0
(`000 736 749 934 1,056 652 1,708 1,449
ounces)
(tonnes) 350 469 317 448 175 623 683
(tonnes) 768 288 493 693 679 1,372 1,487
(`000 35.3 25.0 20.7 28.5 32.6 61.1 69.2
tonnes)
13,853 15,47 31,91 25,30 12,45 37,764 28,077
(tonnes) 9 4 6 8
(`000 623 707 645 917 719 1,636 1,478
ounces)
(tonnes) 346 686 394 334 140 474 991
(tonnes) 808 591 480 662 605 1,267 1,362
(`000 506 732 717 824 808 1,632 934
tonnes)
(`000 478 704 688 661 755 1,416 956
tonnes)
(g/t) 360 477 493 478 489 484 392
(%) 8.8% 10.5% 10.3% 10.4% 10.7% 10.5% 10.2%
(%) 3.1% 3.6% 3.0% 3.5% 3.3% 3.4% 3.4%
(`000 4,805 9,160 9,426 8,759 10,12 18,883 10,519
ounces) 4
(tonnes) 36,454 62,97 62,40 61,07 70,36 131,44 85,431
4 9 3 9 2
(tonnes) 8,806 15,09 11,35 14,50 15,48 29,990 19,232
5 5 3 7
(`000 6,637 8,331 10,35 6,725 11,26 17,991 11,647
ounces) 2 6
(tonnes) 51,521 56,72 66,41 46,14 78,32 124,47 91,215
6 1 8 5 3
(tonnes) 12,315 11,58 14,88 9,257 19,57 28,834 18,661
5 8 7
(`000 2,030 2,103 2,255 2,424 2,520 4,944 4,208
tonnes)
(`000 2,182 2,117 2,272 2,239 2,552 4,791 4,225
tonnes)
(%) 2.21% 1.96% 1.93% 1.83% 1.86% 1.85% 2.16%
kg/t 0.58 0.59 0.58 0.57 0.63 0.60 0.57
(`000 35.4 50.2 44.1 30.6 40.2 70.8 73.8
tonnes)
(`000 4.3 3.4 3.5 3.0 2.6 5.6 7.5
tonnes)
(tonnes) 822 883 988 933 1,191 2,124 1,615
(fine 16,199 22,66 28,68 17,11 24,33 41,457 40,310
ounces) 1 9 9 8
(`000 145 196 275 193 239 432 343
ounces)
(`000 33.7 51.6 45.2 30.7 41.0 71.7 75.3
tonnes)
(`000 2.7 4.6 4.4 3.1 2.5 5.6 6.2
tonnes)
(tonnes) 1,009 1,043 646 562 346 908 1,629
(fine 18,404 22,98 27,58 20,11 21,76 41,878 41,637
ounces) 3 9 8 0
(`000 157 183 294 192 237 429 345
ounces)
Material mined refers to run of mine ore mined and hoisted.
(`000 - - - - 5.2 5.2 -
tonnes)
(`000 1.9 1.9 1.9 1.8 1.7 3.5 3.8
tonnes)
(`000 - - - - 13.3 13.3 -
ounces)
(`000 - - - - 5.2 5.2 -
tonnes)
(`000 1.6 1.5 2.5 0.9 0.9 1.8 3.2
tonnes)
(`000 - - - - 13.3 13.3 -
ounces)
Production restarted during the December 2007 quarter.
PRODUCTION AND
SHIPMENT REPORT
QUARTER ENDED HALF YEAR
ENDED
DEC MAR JUNE SEPT DEC DEC DEC
2006 2007 2007 2007 2007 2007 2006
DIAMONDS AND SPECIALTY
PRODUCTS
BHP Billiton attributable production and sales unless otherwise stated.
DIAMONDS
Ekati(TM), Canada
Ore Processed (`000 1,100 1,046 1,194 1,009 1,080 2,089 2,299
(100%) tonnes)
Production (`000 937 889 911 1,022 843 1,865 1,424
carats)
PRODUCTION AND
SHIPMENT REPORT
QUARTER ENDED HALF YEAR
ENDED
DEC MAR JUNE SEPT DEC DEC DEC
2006 2007 2007 2007 2007 2007 2006
STAINLESS STEEL
MATERIALS
BHP Billiton attributable production and sales unless otherwise stated.
(`000 tonnes)
NICKEL
CMSA, Colombia
Production 12.8 12.8 12.7 12.5 11.4 23.9 25.5
Sales 14.4 12.4 12.5 6.9 13.2 20.1 26.1
Yabulu, Australia
Production
7.5 8.0 9.3 5.5 6.0 11.5 14.8
Nickel metal
Cobalt 0.5 0.4 0.5 0.5 0.4 0.9 0.8
Sales
Nickel metal 7.2 7.1 9.6 5.3 6.3 11.6 13.2
Cobalt 0.4 0.4 0.5 0.4 0.5 0.9 0.8
Nickel West,
Australia
Production
Nickel contained in - - 0.9 - 1.2 1.2 -
concentrate
Nickel contained in 12.4 12.9 13.2 3.9 8.5 12.4 23.5
finished matte
Nickel metal 15.6 12.1 12.5 16.7 16.6 33.3 29.0
Nickel production 28.0 25.0 26.6 20.6 26.3 46.9 52.5
Sales
Nickel contained in - - 0.9 - 0.9 0.9 -
concentrate
Nickel contained in 13.5 9.9 15.1 6.2 9.5 15.7 22.8
finished matte
Nickel metal 14.3 14.2 11.5 14.7 14.4 29.1 27.2
Nickel sales 27.8 24.1 27.5 20.9 24.8 45.7 50.0
PRODUCTION AND
SHIPMENT REPORT
QUARTER ENDED HALF YEAR
ENDED
DEC MAR JUNE SEPT DEC DEC DEC
2006 2007 2007 2007 2007 2007 2006
IRON ORE
BHP Billiton attributable production and sales unless otherwise stated.
(`000 tonnes)
IRON ORE (a)
Pilbara, Australia
Production
Mt Newman Joint 7,536 6,711 7,665 7,904 8,147 16,051 14,930
Venture
Goldsworthy Joint 84 142 195 134 170 304 890
Venture
Area C Joint Venture 5,334 4,853 5,078 4,916 6,474 11,390 10,155
Yandi Joint Venture 9,106 8,277 9,661 9,823 9,770 19,593 17,610
Jimblebar 1,449 1,177 1,341 1,157 1,248 2,405 2,939
Total (BHP Billiton 23,509 21,160 23,940 23,934 25,809 49,743 46,524
share)
Total production 27,658 24,896 28,165 28,159 30,363 58,522 54,734
(100%)
Shipments
Lump 5,856 5,193 5,753 6,076 7,179 13,255 12,285
Fines 18,499 15,454 17,458 17,979 18,847 36,826 34,721
Total (BHP Billiton 24,355 20,647 23,211 24,055 26,026 50,081 47,006
share)
28,653 24,290 27,307 28,300 30,619 58,919 55,301
Total sales (100%)
(a) Iron ore production and shipments are reported on a wet tonnes basis.
Samarco, Brazil
Production 1,945 1,866 2,001 2,067 2,107 4,174 3,933
Shipments 2,357 1,684 2,159 1,850 2,316 4,166 4,229
PRODUCTION AND
SHIPMENT REPORT
QUARTER ENDED HALF YEAR
ENDED
DEC MAR JUNE SEPT DEC DEC DEC
2006 2007 2007 2007 2007 2007 2006
MANGANESE
BHP Billiton attributable production and sales unless otherwise stated.
(`000 tonnes)
MANGANESE ORE
South Africa
Saleable production 663 632 631 572 709 1,281 1,307
(a)
Australia
Saleable production 866 820 888 873 904 1,777 1,731
(a)
MANGANESE ALLOY
South Africa
Saleable production 125 132 137 123 141 264 224
(a) (b)
Australia
Saleable production 66 64 49 61 68 129 126
(a)
(a) Shown on 100% basis. BHP Billiton interest in saleable production is
60%.
(b) Production include Medium Carbon Ferro Manganese.
PRODUCTION AND
SHIPMENT REPORT
QUARTER ENDED HALF YEAR
ENDED
DEC MAR JUNE SEPT DEC DEC DEC
2006 2007 2007 2007 2007 2007 2006
METALLURGICAL COAL
BHP Billiton attributable production and sales unless otherwise stated.
(`000 tonnes)
METALLURGICAL COAL
(a)
Queensland,
Australia
Production
BMA
Blackwater 1,388 1,484 1,730 1,407 1,370 2,777 2,924
Goonyella 1,296 1,896 2,268 1,677 1,505 3,182 3,188
Peak Downs 1,161 1,076 1,045 881 1,243 2,124 2,363
Saraji 893 883 939 777 890 1,667 1,575
Norwich Park 677 745 797 502 576 1,078 1,308
Gregory Joint 691 394 663 673 554 1,227 1,405
Venture
BMA total 6,106 6,478 7,442 5,917 6,138 12,055 12,763
BHP Mitsui Coal (b)
South Walker Creek 782 785 982 939 868 1,807 1,655
Poitrel (c) 91 282 1,065 515 658 1,173 91
BHP Mitsui Coal 873 1,067 2,047 1,454 1,526 2,980 1,746
total
Queensland total 6,979 7,545 9,489 7,371 7,664 15,035 14,509
Shipments
Coking coal 5,040 5,368 5,684 5,479 5,875 11,354 10,230
Weak coking coal 1,749 1,710 1,804 1,668 1,966 3,634 3,349
502 419 854 516 328 844 846
Thermal coal
Total 7,291 7,497 8,343 7,663 8,169 15,832 14,425
(a) Metallurgical coal production is reported on the basis of saleable
product. Production figures include some thermal coal.
(b) Shown on 100% basis. BHP Billiton interest in saleable production is
80%.
(c) Poitrel was commissioned during the December 2006 quarter.
Illawarra, Australia
Production 1,987 1,539 1,643 2,201 1,979 4,180 3,704
Shipments
1,583 1,624 1,724 1,906 1,851 3,757 2,949
Coking coal
Thermal coal 280 175 288 199 290 489 468
Total 1,863 1,799 2,012 2,105 2,141 4,246 3,417
PRODUCTION AND
SHIPMENT REPORT
QUARTER ENDED HALF YEAR
ENDED
DEC MAR JUNE SEPT DEC DEC DEC
2006 2007 2007 2007 2007 2007 2006
ENERGY COAL
BHP Billiton attributable production and sales unless otherwise stated.
(`000 tonnes)
South Africa (a)
Production 13,032 12,863 12,596 11,706 11,277 22,983 26,183
Sales
Export 5,211 5,068 5,218 4,207 4,269 8,476 10,379
Local utility 7,413 7,874 7,416 7,063 7,351 14,414 14,965
Inland 227 259 310 388 209 597 482
Total 12,851 13,201 12,944 11,658 11,829 23,487 25,826
(a) Koornfontein was sold with effect from 1 July 2007.
New Mexico, USA
Production
Navajo Coal 2,104 1,971 2,321 1,548 1,899 3,447 3,882
San Juan Coal 1,767 1,135 2,315 963 1,772 2,735 3,456
Total 3,871 3,106 4,636 2,511 3,671 6,182 7,338
Sales - local utility 3,616 3,400 3,185 3,693 3,254 6,947 7,438
Hunter Valley,
Australia
Production 2,790 2,731 2,610 2,918 2,959 5,877 5,556
Sales
Export 1,858 1,479 1,934 1,423 1,892 3,315 3,103
Inland 1,005 1,168 909 1,179 985 2,164 2,036
Total 2,863 2,647 2,843 2,602 2,877 5,479 5,139
Cerrejon Coal,
Colombia
Production 2,337 2,230 2,441 2,488 2,702 5,190 4,735
Sales - export 2,323 2,446 2,401 2,761 2,334 5,095 4,659
Further information on BHP Billiton can be found on our Internet site:
www.bhpbilliton.com
Australia
Samantha Evans, Media Relations
Tel: +61 3 9609 2898 Mobile: +61 400 693 915
email: Samantha.Evans@bhpbilliton.com
Don Carroll, Investor Relations
Tel: +61 3 9609 2686 Mobile: +61 417 591 938
email: Don.A.Carroll@bhpbilliton.com
United Kingdom
Andre Liebenberg, Investor Relations
Tel: +44 20 7802 4131 Mobile: +44 7920 236 974
email: Andre.Liebenberg@bhpbilliton.com
Illtud Harri, Media Relations
Tel: +44 20 7802 4195 Mobile: +44 7920 237 246
email: Illtud.Harri@bhpbilliton.com
United States
Tracey Whitehead, Investor & Media Relations
Tel: US +1 713 599 6100 or UK +44 20 7802 4031
Mobile: +44 7917 648 093
email: Tracey.Whitehead@bhpbilliton.com
South Africa
Alison Gilbert, Investor Relations
Tel: SA +27 11 376 2121 or UK +44 20 7802 4183
Mobile: +44 7769 936 227
email: Alison.Gilbert@bhpbilliton.com
Date: 23/01/2008 10:19:01 Produced by the JSE SENS Department.
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