|
BIL
BIBLT
BIL - BHP Billiton Plc - Orebody 24 Development in Western Australia
BHP Billiton Plc
Share code: BIL
ISIN: GB0000566504
16 November 2011
Number 33/11
OREBODY 24 DEVELOPMENT IN WESTERN AUSTRALIA
BHP Billiton approved today a US$822 million (BHP Billiton share US$698
million) investment for the development of its Orebody 24 mine, located
approximately 10 kilometres north-east of Newman, Western Australia. Orebody
24 is a sustaining mine to maintain iron ore production output from the
Newman Joint Venture operations.
The new Orebody 24 mine will have a capacity of 17 million tonnes per annum
(100 per cent basis) and will include the construction of an ore crushing
plant, train loadout facility, rail spur and other associated support
facilities.
Initial mining from Orebody 24 will start in the second half of calendar year
2012.
BHP Billiton President Iron Ore, Ian Ashby, said "The Orebody 24 development
is consistent with our strategy to invest in high quality, expandable
resource basins and highlights the benefits of our ability to leverage
existing infrastructure to sustain current production."
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)
BHP Billiton`s partners in its Pilbara Iron Ore operations are: Itochu
Minerals & Energy of Australia Pty Ltd, Mitsui-Itochu Iron Pty Ltd and Mitsui
Iron Ore Corporation Pty Ltd.
Investor Relations
Media Relations
Australia
Australia
James Agar
Samantha Stevens Tel: +61 3 9609 2222
Tel: +61 3 9609 2898 Mobile: +61 467 807 064
Mobile: +61 400 693 915
email: James.Agar@bhpbilliton.com
email:
Samantha.Stevens@bhpbilliton.com Andrew Gunn
Tel: +61 3 9609 3575
Kelly Quirke Mobile: +61 439 558 454
Tel: +61 3 9609 2896
Mobile: +61 429 966 312 email: Andrew.Gunn@bhpbilliton.com
email: Kelly.Quirke@bhpbilliton.com United Kingdom and South Africa
Fiona Martin Brendan Harris
Tel: +61 3 9609 2211 Tel: +44 20 7802 4131
Mobile: +61 427 777 908 Mobile: +44 7990 527 726
email: Fiona.Martin2@bhpbilliton.com email: Brendan.Harris@bhpbilliton.com
United Kingdom and Americas
Americas
Ruban Yogarajah
Tel: US +1 713 966 2907 or Scott Espenshade
UK +44 20 7802 4033 Tel: +1 713 599 6431
Mobile: UK +44 7827 082 022 Mobile: +1 713 208 8565
email: Ruban.Yogarajah@bhpbilliton.comemail: Scott.Espenshade@bhpbilliton.com
BHP Billiton Limited BHP Billiton Plc
ABN 49 004 028 077 Registration number 3196209
Registered in Australia Registered in England and Wales
Registered Office: Registered Office:
180 Lonsdale Street 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: 16/11/2011 08:16:15 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. |
|
