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BIL
BIBLT
BIL - BHP Billiton Plc - Amendment to Western Australian Royalties and State
agreements
BHP Billiton Plc
Share code: BIL
ISIN: GB0000566504
Date
10 November 2011
Number
32/11
AMENDMENT TO WESTERN AUSTRALIAN ROYALTIES AND STATE AGREEMENTS
BHP Billiton has finalised an agreement with the Western Australian Government
to increase the royalty rate payable to the State for its iron ore Fines
product.
Based on this agreement, the Western Australian Government will proceed with
amendments to the State Agreement Acts covering operations managed by BHP
Billiton Iron Ore. These amendments will include an increase in the royalty
rate applicable to iron ore Fines from 5.625 per cent of sales revenue to 6.5
per cent from 1 July 2012, and then to 7.5 per cent from 1 July 2013. This will
align the royalty rate for Fines with the existing rate paid on Lump ore.
BHP Billiton Iron Ore President, Ian Ashby, said: "The changes to the State
Agreements will give the Company greater certainty in planning and executing our
growth projects, particularly the proposed Outer Harbour Development."
The State Agreement amendments are subject to the approval of the Parliament of
Western Australia.
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 James Agar
Tel: +61 3 9609 2898 Tel: +61 3 9609 2222
Mobile: +61 400 693 915 Mobile: +61 467 807 064
email:Samantha.Stevens@bhpbilliton.com email: James.Agar@bhpbilliton.com
Kelly Quirke Andrew Gunn
Tel: +61 3 9609 2896 Tel: +61 3 9609 3575
Mobile: +61 429 966 312 Mobile: +61 439 558 454
email: Kelly.Quirke@bhpbilliton.com email: Andrew.Gunn@bhpbilliton.com
Fiona Martin United Kingdom and South Africa
Tel: +61 3 9609 2211
Mobile: +61 427 777 908 Brendan Harris
email: Fiona.Martin2@bhpbilliton.com Tel: +44 20 7802 4131
United Kingdom and Americas Mobile: +44 7990 527 726
email: Brendan.Harris@bhpbilliton.com
Ruban Yogarajah
Tel: US +1 713 966 2907 or Americas
UK +44 20 7802 4033
Mobile: UK +44 7827 082 022 Scott Espenshade
email: Ruban.Yogarajah@bhpbilliton.com Tel: +1 713 599 6431
Mobile: +1 713 208 8565
email: Scott.Espenshade@bhpbilliton.com
BHP Billiton Limited ABN 49 004 028 BHP Billiton Plc Registration number
077 3196209
Registered in Australia Registered in England and Wales
Registered Office: 180 Lonsdale Street Registered Office: Neathouse Place
Melbourne Victoria 3000 Australia London SW1V 1BH United Kingdom
Tel +61 1300 55 4757 Tel +44 20 7802 4000
Fax +61 3 9609 3015 Fax +44 20 7802 4111
Members of the BHP Billiton Group which is headquartered in Australia
Date: 10/11/2011 07:17:12 Produced by the JSE SENS Department.
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