|
BIL
BIBLT
BIL - BHP Billiton Plc - BHP Billiton Approves Samarco Expansion
BHP Billiton Plc
Share code: BIL
ISIN: GB0000566504
BHP BILLITON APPROVES SAMARCO EXPANSION
BHP Billiton today announced that the partners of Samarco had
approved the US$3.5 billion (BHP Billiton share US$1.75 billion)
Fourth Pellet Plant Project at Samarco (Brazil). The expansion will
increase Samarco iron ore pellet production capacity by 8.3 million
tonnes to 30.5 million tonnes per annum (100% basis). First pellet
production is expected in the first half of calendar year 2014.
The investment includes:
- additional mining capacity and a third concentrator at the
Germano mine;
- a third slurry pipeline of approximately 400 kilometres in
length; and
- a fourth pellet plant and enhanced ship loading capacity at the
Ponta Ubu site.
BHP Billiton President Iron Ore, Ian Ashby, said "Samarco is a low
cost supplier of high quality iron ore pellets and over the last
several years has been very successful in growing its resource base.
This investment builds on its resource and operational strengths and
will further improve Samarco`s competitiveness and market position."
Further information on BHP Billiton can be found on our Internet
site: www.bhpbilliton.com
Australia United Kingdom & South Africa
Brendan Harris, Investor Andre Liebenberg, Investor Relations
Relations
Tel: +61 3 9609 4323 Tel: +44 20 7802 4131
Mobile: +61 437 134 814 Mobile: +44 7920 236 974
email: email:
Brendan.Harris@bhpbilliton.com Andre.Liebenberg@bhpbilliton.com
Samantha Stevens, Media Relations United Kingdom & Americas
Tel: +61 3 9609 2898 Ruban Yogarajah, Media Relations
Mobile: +61 400 693 915 Tel: US +1 713 966 2907
email: Samantha.Stevens@bhpbilliton.comor UK +44 20 7802 4033
Mobile: UK +44 7827 082 022
Amanda Buckley, Media Relations email: Ruban.Yogarajah@bhpbilliton.com
Tel: +61 3 9609 2209
Mobile: +61 419 801 349 Americas
email: Amanda.Buckley@bhpbilliton.comScott Espenshade, Investor Relations
Tel: +1 713 599 6431
Kelly Quirke, Media Relations Mobile: +1 713 208 8565
Tel: +61 3 9609 2896 email: Scott.Espenshade@bhpbilliton.com
Mobile: +61 429 966 312
email: Kelly.Quirke@bhpbilliton.com
Fiona Martin, Media Relations
Tel: +61 3 9609 2211 Mobile: +61 427 777 908
email: Fiona.Martin2@bhpbilliton.com
BHP Billiton Limited ABN 49 004 BHP Billiton Plc Registration number
028 077 3196209
Registered in Australia Registered in England and Wales
Registered Office: 180 Lonsdale Registered Office: Neathouse Place
Street London SW1V 1BH United Kingdom
Melbourne Victoria 3000 Tel +44 20 7802 4000 Fax +44 20 7802
Australia 4111
Tel +61 1300 55 4757 Fax +61 3
9609 3015
Members of the BHP Billiton group which is headquartered in Australia
BHP Billiton has a 50% interest in Samarco, with the remaining 50%
held by Vale.
Date: 29/04/2011 17:51:39 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS. |
|
