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BIL
BIBLT
BIL - BHP Billiton Plc - BHP Billiton iron ore negotiations
BHP Billiton Plc
Share code: BIL
ISIN: GB0000566504
BHP BILLITON 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
Australia United Kingdom & South Africa
Amanda Buckley, Media Andre Liebenberg, Investor Relations
Relations Tel: +44 20 7802 4131
Tel: +61 3 9609 2209 Mobile: Mobile: +44 7920 236 974
+61 419 801 349 email: Andre.Liebenberg@bhpbilliton.com
email:
Amanda.Buckley@bhpbilliton.co
m
Fiona Martin, Media Relations Illtud Harri, Media Relations
Tel: +61 3 9609 2211 Tel: +44 20 7802 4195
email: Mobile: +44 7920 237 246
Fiona.Martin2@bhpbilliton.com email: Illtud.Harri@bhpbilliton.com
Leng Lau, Investor Relations Americas
Tel: +61 3 9609 4202 Mobile: Scott Espenshade, Investor Relations
+61 403 533 706 Tel: +1 713 599 6431
email: Mobile: +1 713 208 8565
Leng.Y.Lau@bhpbilliton.com email: Scott.Espenshade@bhpbilliton.com
Ruban Yogarajah, Media Relations
Tel: US +1 713 966 2907
or UK +44 20 7802 4033
Mobile: UK +44 7827 082 022
email: Ruban.Yogarajah@bhpbilliton.com
BHP Billiton Limited ABN 49 BHP Billiton Plc Registration number
004 028 077 3196209
Registered in Australia Registered in England and Wales
Registered Office: 180 Registered Office: Neathouse Place
Lonsdale Street London SW1V 1BH United Kingdom
Melbourne Victoria 3000 Tel +44 20 7802 4000
Australia Fax +44 20 7802 4111
Tel +61 1300 55 4757 Fax +61
3 9609 3015
Members of the BHP Billiton group which is headquartered in Australia
30 March 2010
Date: 30/03/2010 07:08:03 Produced by the JSE SENS Department.
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