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BIL
BIBLT
BIL - BHP Billiton Plc - Expansion of Cerrejon Coal
BHP Billiton Plc
Share code: BIL
ISIN: GB0000566504
18 August 2011
Number 24/11
EXPANSION OF CERREJON COAL
BHP Billiton today announced approval of a US$437 million (BHP Billiton share)
investment to expand the Cerrejon Coal mine in La Guajira, Colombia.
BHP Billiton`s investment represents one third of the US$1,311 million expansion
to be undertaken by Cerrejon Coal, with joint venture partners Anglo American
and Xstrata contributing equal investment in the project.
The expansion, known as the P40 Project, will enable Cerrejon Coal`s saleable
thermal coal production to increase by 8 million tonnes per annum (mtpa) to
approximately 40mtpa.
Construction will commence in the 2011 calendar year with completion expected in
the 2013 calendar year. Ramp up to expanded capacity of 40mtpa is expected by
the end of the 2015 calendar year.
The expansion project will see BHP Billiton`s estimated share of production and
sales from this long life, tier 1 asset increase from 10.7mtpa to 13.3mtpa.
BHP Billiton Energy Coal President, Jimmy Wilson, said: "Today`s announcement
highlights our commitment to invest in growth throughout the cycle and to
continue to produce at maximum volumes to take advantage of the strong demand
for energy coal."
The project scope includes a second berth and dual quadrant shiploader at
Cerrejon`s 100 percent owned and operated Puerto Bolivar, along with necessary
mine, rail and associated supply chain infrastructure.
BHP Billiton owns 33.3 percent of Cerrejon Coal in equal portion with joint
venture partners Anglo American and Xstrata.
Further information on BHP Billiton can be found at: www.bhpbilliton.com
Sponsor: Absa Capital (the investment banking division of Absa Bank Limited,
affiliated with Barclays Capital)
Media Relations Investor Relations
Australia Australia
Samantha Stevens Andrew Gunn
Tel: +61 3 9609 2898 Tel: +61 3 9609 3575
Mobile: +61 400 693 915 Mobile: +61 439 558 454
email: email: Andrew.Gunn@bhpbilliton.com
Samantha.Stevens@bhpbilliton.com
United Kingdom and South Africa
Kelly Quirke
Tel: +61 3 9609 2896 Brendan Harris
Mobile: +61 429 966 312 Tel: +44 20 7802 4131
email: Kelly.Quirke@bhpbilliton.com Mobile: +44 7990 527 726
email: Brendan.Harris@bhpbilliton.com
Fiona Martin
Tel: +61 3 9609 2211 Americas
Mobile: +61 427 777 908
email: Fiona.Martin2@bhpbilliton.com Scott Espenshade
United Kingdom and Americas Tel: +1 713 599 6431
Mobile: +1 713 208 8565
Ruban Yogarajah email: Scott.Espenshade@bhpbilliton.com
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 49 004 028 BHP Billiton Plc Registration
077 number 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 Australia Tel +44 20 7802 4000
Tel +61 1300 55 4757 Fax +44 20 7802 4111
Fax +61 3 9609 3015
Members of the BHP Billiton Group which is headquartered in Australia
Date: 18/08/2011 09:15:01 Produced by the JSE SENS Department.
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