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BHP Billiton Plc
Share code: BIL
ISIN:GB0000566504
24 July 2003
BHP Billiton today released its production report for the quarter ended 30 June
2003.
* Record annual Western Australian Iron Ore production of 76.5 million tonnes
and record annual shipments of 80.3 million tonnes (100 per cent basis).
* Record quarterly plant throughput of 1.18 million tonnes achieved at Ekati(TM)
(Canada) (100 per cent basis).
* Record annual nickel production of 78,100 tonnes.
Total Petroleum Products - Total production for the June 2003 quarter was 30
million barrels of oil equivalent, 7 per cent higher than the March 2003 quarter
and 10 per cent lower than the June 2002 quarter. Total production for the year
ended 30 June 2003 was 122 million barrels of oil equivalent, a decrease of 9
per cent compared with the year ended 30 June 2002.
Oil and Condensate - Production for the June 2003 quarter was 15.6 million
barrels, 2 per cent higher than the 15.3 million barrels produced in the March
2003 quarter, mainly due to a full quarter of production from Boris (US),
increased condensate production from Bass Strait (Australia) as a result of
increased gas demand and a higher proportion of wet gas from Bream, along with
improved reliability and successful infill drilling at Liverpool Bay (UK). This
was partly offset by natural field decline in Laminaria (Australia) and Griffin
(Australia). As expected, production for the quarter was lower than the 19.7
million barrels produced in the June 2002 quarter, mainly due to natural field
decline in Bass Strait, Laminaria, Griffin, Liverpool Bay and Typhoon (US).
Typhoon performance was also affected by well workovers largely offset by the
commencement of production from Boris.
Natural Gas - Production for the June 2003 quarter was 72.9 billion cubic feet,
9 per cent higher than the 67.0 billion cubic feet produced in the March 2003
quarter. Seasonal conditions led to increased demand for Bass Strait natural
gas during the June 2003 quarter, which was partly offset by maintenance shut
downs at Bruce (UK). Production for the quarter was 3 per cent higher than the
70.7 billion cubic feet produced in the June 2002 quarter due to increased
demand for North West Shelf (Australia) LNG and domestic gas and higher sales
from Liverpool Bay. This was partly offset by lower demand from Bass Strait
driven by milder weather conditions and natural field decline in West Cameron
(US).
Alumina - Production for the June 2003 quarter was 1.1 million tonnes, compared
with 1.0 million tonnes in the June 2002 and March 2003 quarters. Production
increased at Worsley (Australia) with hydrate stockpiled in the previous quarter
being processed. Higher year on year production mainly reflects a return to
full production at Alumar (Brazil) following the end of government enforced
power rationing in the March 2002 quarter.
Aluminium - Production for the June 2003 quarter was 273,000 tonnes, compared
with 263,000 tonnes in the June 2002 quarter and 267,000 tonnes in the March
2003 quarter. The increase mainly reflects the ramp up of production from the
Mozal 2 (Mozambique) expansion where first metal was cast in April 2003, six
months ahead of schedule. Higher year on year production also reflects
increased tonnages from Hillside (South Africa) due to the success of the
capacity creep program, completion of the pot relining program in June 2002 and
non-recurrence of the September 2001 power outage, combined with a return to
full production at Alumar and Valesul (Brazil) following the end of government
enforced power rationing in the March 2002 quarter.
Copper - Production for the June 2003 quarter was 229,200 tonnes, 7 per cent
higher than the 213,500 tonnes produced in the June 2002 quarter. This
scheduled increase mainly reflects the ramp up of the Escondida (Chile) Phase IV
expansion.
Iron Ore - Record annual Western Australian production of 76.5 million tonnes
(100 per cent basis) was 6 per cent higher than the previous year, in response
to strong demand in all Asian markets, particularly China. A new annual
shipping record was set during the year in Western Australia, where despatches
to customers were 80.3 million tonnes (100 per cent basis), an increase of 13
per cent compared with the 2002 year. Annual production from Samarco (Brazil)
of 7.9 million tonnes was 40 per cent higher than the previous year, a
reflection of strong customer demand resulting in the restart of previously
idled pelletising capacity. Total iron ore production for the June 2003 quarter
was 19.4 million tonnes (BHP Billiton share), 14 and 13 per cent higher than the
June 2002 and March 2003 quarters respectively.
Metallurgical Coal - Production for the June 2003 quarter of 9.0 million tonnes
was in line with the June 2002 quarter and 5 per cent higher than the March 2003
quarter. Annual production of 34.6 million tonnes, while 3 per cent lower than
in the corresponding period, reflects stronger customer demand in the second
half of the year, offset by adverse mining conditions at the Crinum mine
(Australia) and the closure of Tower Colliery (Australia). Annual shipments of
Queensland Coal (Australia) were in line with the previous year. Annual
shipments of Illawarra Coal (Australia) were 7.2 million tonnes, 7 per cent
higher, also reflecting strong customer demand.
Manganese - Annual ore production of 4.1 million tonnes was 16 per cent higher
than 2002 in response to strong customer demand, particularly from China. Full
year alloy production of 737,000 tonnes was 19 per cent higher than 2002 also
due to increased customer demand.
Ekati(TM) Diamonds - Record plant throughput of 1.18 million tonnes (100 per
cent basis) was achieved at Ekati(TM) (Canada) during the June 2003 quarter,
reflecting benefits of a processing plant de-bottlenecking program. Combined
with improved ore grade, quarterly production of 1.30 million carats and annual
production of 4.34 million carats were 27 per cent and 19 per cent respectively
higher than for the corresponding period last year.
Energy Coal - Production for the June 2003 quarter was 22.0 million tonnes,
compared with 20.6 million tonnes in the June 2002 quarter and 19.7 million
tonnes in the March 2003 quarter. The increase mainly reflects higher production
at Mount Arthur North (Australia) where deliveries to both the export and
domestic thermal coal markets were in accordance with the ramp up plan, and
higher production at Cerrejon Coal (Colombia) largely reflecting strong demand
from the European market during the June 2003 quarter.
Nickel - Record annual production of 31,200 tonnes was achieved at the QNI
Yabulu refinery (Australia) during 2003, 9 per cent higher than production
during the previous year. This mainly reflects ore processing enhancements
resulting from operating excellence initiatives. Cerro Matoso (Colombia) also
achieved record production, reflecting the ramp-up of Line 2 and benefits from
ongoing improvement programs. Total Nickel production for the June 2003 quarter
was 21,000 tonnes, compared with 17,700 tonnes in the June 2002 quarter and
18,600 tonnes in the March 2003 quarter, a result of operating excellence
initiatives at both sites.
Ferrochrome - Annual production of 990,000 tonnes was 18 per cent higher than in
the previous year, driven by the restart of idle furnaces in response to
increased market demand. Production for the June 2003 quarter was 259,000
tonnes, compared with 223,000 tonnes in the June 2002 quarter and 263,000 tonnes
in the March 2003 quarter.
BHP BILLITON
PRODUCTION SUMMARY
QUARTER ENDED YEAR ENDED % CHANGE
JUN JUN FY
Q03 Q03
JUNE MARCH JUNE JUNE JUNE vs vs vs
2002 2003 2003 2003 2002 JUN MAR FY
Q02 Q03
PETROLEUM
Crude oil and
condensate("000 19,732 15,310 15,635 65,893 78,519 -21% 2% -16%
bbl)
Natural gas (bcf) 70.66 66.99 72.91 281.17 283.47 3% 9% -1%
LPG ("000
tonnes) 180.43 160.62 205.57 743.12 697.56 14% 28% 7%
Ethane ("000
tonnes) 25.62 22.35 24.97 94.90 87.13 -3% 12% 9%
Total (million 34 28 30 122 134 -10% 7% -9%
Petroleum boe)
Products
ALUMINIUM
Alumina ("000
tonnes) 1,018 1,003 1,060 4,092 3,943 4% 6% 4%
Aluminium ("000
tonnes) 263 267 273 1,074 992 4% 2% 8%
BASE METALS
Copper ("000 213.5 231.3 229.2 870.5 824.3 7% -1% 6%
tonnes)
64,768 59,065 59,389 240,042 236,066 -8% 1% 2%
Lead (tonnes)
38,942 46,755 54,396 193,808 162,493 40% 16% 19%
Zinc (tonnes)
72,032 57,802 25,752 207,882 286,971 -64% -55% -28
Gold (ounces)
Silver ("000
ounces) 11,833 10,355 9,643 41,128 41,958 -19% -7% -2%
Molybdenum (tonnes) 232 260 280 1,010 658 21% 8% 54%
CARBON STEEL
MATERIALS
Iron ore ("000
tonnes) 17,080 17,237 19,420 73,732 67,907 14% 13% 9%
Metallurgic ("000
al coal tonnes) 9,359 8,556 9,026 34,622 35,532 -4% 5% -3%
Manganese ("000
ores tonnes) 784 890 1,058 4,102 3,535 35% 19% 16%
Manganese ("000
alloys tonnes) 169 177 195 737 618 15% 10% 19%
Hot ("000
briquetted tonnes) - 465 458 1,670 1,047 100% -2% 60%
iron
DIAMONDS AND
SPECIALTY PRODUCTS
Diamonds ("000
carats) 1,023 1,015 1,300 4,340 3,650 27% 28% 19%
ENERGY COAL
Energy coal ("000
tonnes) 20,571 19,735 21,991 81,703 82,835 7% 11% -1%
STAINLESS
STEEL
MATERIALS
Nickel ("000
tonnes) 17.7 18.6 21.0 78.1 68.9 19% 13% 13%
Chrome ores ("000
tonnes) 664 679 720 2,826 2,451 8% 6% 15%
Ferrochrome ("000
tonnes) 223 263 259 990 837 16% -2% 18%
Throughout this report figures in italics indicate
adjustments made since the figure was previously reported.
BHP BILLITON
ATTRIBUTABLE PRODUCTION
QUARTER ENDED YEAR ENDED
BHP Billiton JUNE SEPT DEC MARCH JUNE JUNE JUNE
Interest 2002 2002 2002 2003 2003 2003 2002
PETROLEUM
Production
Crude oil and (000
condensate bbl) 19,732 18,550 16,398 15,310 15,635 65,893 78,519
Natural gas (bcf) 70.66 71.86 69.41 66.99 72.91 281.17 283.47
LPG ("000
tonnes) 180.43 208.96 167.97 160.62 205.57 743.12 697.56
Ethane ("000
tonnes) 25.62 27.67 19.91 22.35 24.97 94.90 87.13
1
Total (millio 3
Petroleum n boe) 34 33 30 28 30 4122 134
Products
ALUMINIUM
ALUMINA
Production
("000 tonnes)
Worsley 86% 686 698 662 658 724 2,742 2,696
Suriname 45% 215 221 213 222 223 879 851
Alumar 36% 117 112 123 123 113 471 396
Total 1,018 1,031 998 1,003 1,060 4,092 3,943
ALUMINIUM
Production
("000 tonnes)
Hillside 100% 132 135 134 133 132 534 501
Bayside 100% 43 46 45 48 46 185 175
Alumar 46.3% 46 44 44 45 45 178 153
Valesul 45.5% 11 11 11 10 11 43 37
Mozal 47% 31 32 32 31 39 134 126
Total 263 268 266 267 273 1,074 992
BASE METALS (a)
COPPER
Payable metal in
concentrate ("000
tonnes)
Escondida (b) 57.5% 94.4 68.4 105.6 118.5 126.6 419.1 339.1
Tintaya (b) 100% 0.2 - - - - - 44.9
Antamina (c) 33.8% 30.5 25.7 26.4 23.6 21.2 96.9 81.9
Alumbrera (d) 25% 12.8 11.1 13.4 9.9 - 34.4 48.5
Highland 33.6% 16.1 14.9 14.3 13.2 13.8 56.2 62.1
Valley Copper
Selbaie 100% 2.6 2.8 2.1 1.7 1.8 8.3 10.2
Total 156.6 122.9 161.8 166.9 163.4 614.9 586.6
Cathode ("000
tonnes)
Escondida 57.5% 21.5 17.9 19.1 20.4 21.1 78.5 86.5
Cerro Colorado 100% 31.3 32.5 33.1 32.5 33.0 131.1 130.8
Tintaya (b) 100% 1.3 8.4 8.9 9.0 9.1 35.4 1.3
San Manuel 100% - - - - - - 6.3
Pinto Valley 100% 2.8 2.8 2.7 2.5 2.6 10.6 12.8
Total 56.9 61.6 63.8 64.4 65.8 255.6 237.7
LEAD
Payable metal in
concentrate (tonnes)
Cannington 100% 63,799 61,676 57,651 58,711 59,389 237,427 231,764
Pering (e) 100% 969 1,567 694 354 - 2,615 4,302
Total 64,768 63,243 58,345 59,065 59,389 240,042 236,066
Refer footnotes on page 5.
BASE METALS
(continued)
ZINC
Payable metal in
concentate (tonnes)
Cannington 100% 12,511 15,182 14,721 15,480 18,479 63,862 58,856
Antamina (c) 33.8% 13,518 18,189 15,424 20,519 28,553 82,685 48,326
Selbaie 100% 8,121 9,840 6,540 6,421 7,364 30,165 34,196
Pering (e) 100% 4,793 5,331 7,430 4,335 - 17,096 21,115
Total 38,942 48,542 44,115 46,755 54,396 193,808 162,493
GOLD
Payable metal in
concentrate (ounces)
Escondida (b) 57.5% 17,694 10,074 15,936 17,458 20,664 64,132 52,338
Tintaya (b) 100% - - - - - - 22,252
Alumbrera (d) 25% 47,993 39,279 46,940 35,084 - 121,303 185,413
Selbaie 100% 5,117 4,486 5,069 4,146 4,081 17,782 22,201
Highland 33.6% 1,228 1,314 1,230 1,114 1,007 4,665 4,767
Valley Copper
Total 72,032 55,153 69,175 57,802 25,752 207,882 286,971
SILVER
Payable metal in
concentrate ("000
ounces)
Cannington 100% 10,265 9,612 8,326 8,773 8,161 34,872 35,964
Escondida 57.5% 344 304 387 471 538 1,700 1,257
Antamina (c) 33.8% 461 536 557 617 517 2,227 1,719
Alumbrera (d) 25.0% 56 53 72 75 - 200 237
Highland 33.6% 183 162 159 140 143 604 709
Valley Copper
Selbaie 100% 524 593 369 279 284 1,525 2,073
Total 11,833 11,260 9,870 10,355 9,643 41,128 41,958
MOLYBDENUM
Payable metal in
concentrate (tonnes)
Highland
Valley Copper 33.6% 232 220 250 260 280 1,010 658
CARBON STEEL
MATERIALS
IRON ORE
Production
("000 tonnes)
Mt Newman 85% 5,413 5,486 5,287 4,964 6,221 21,958 23,374
Joint Venture
Goldsworthy 85% 1,690 1,891 1,808 1,497 1,516 6,712 6,447
Joint Venture
Yandi Joint 85% 6,663 7,796 8,187 7,452 8,353 31,788 27,256
Venture
Jimblebar 100% 1,476 1,433 1,186 1,371 1,428 5,418 5,201
Samarco 50% 1,838 2,022 1,979 1,953 1,902 7,856 5,629
Total 17,080 18,628 18,447 17,237 19,420 73,732 67,907
METALLURGICAL
COAL (f)
Production
("000 tonnes)
BMA (g) 50% 5,686 4,652 5,032 5,838 5,769 21,291 21,701
BHP Mitsui 80% 1,746 1,863 1,472 1,200 2,033 6,568 6,743
Coal (h)
Illawarra 100% 1,927 2,135 1,886 1,518 1,224 6,763 7,088
Total 9,359 8,650 8,390 8,556 9,026 34,622 35,532
Refer footnotes on page 5.
CARBON STEEL MATERIALS
(cont"d)
MANGANESE ORES
Saleable production
("000 tonnes)
South Africa 60% 475 581 560 534 574 2,249 1,867
(i)
Australia (i) 60% 309 514 499 356 484 1,853 1,668
Total 784 1,095 1,059 890 1,058 4,102 3,535
MANGANESE
ALLOYS
Saleable production
("000 tonnes)
South Africa 60% 121 124 125 117 137 503 406
(i)
Australia (i) 60% 48 51 65 60 58 234 212
Total 169 175 190 177 195 737 618
HOT BRIQUETTED
IRON
Production
("000 tonnes)
Boodarie(TM) 100% - 333 414 465 458 1,670 1,047
Iron (j)
DIAMONDS AND SPECIALTY
PRODUCTS
DIAMONDS
Production
("000 carats)
Ekati(TM) 80% 1,023 954 1,071 1,015 1,300 4,340 3,650
ENERGY COAL
Production
("000 tonnes)
South Africa 100% 13,815 13,838 13,333 13,256 13,812 54,239 55,710
USA 100% 3,703 2,800 4,339 3,147 3,877 14,163 13,245
Australia 100% 1,390 1,244 1,234 1,922 2,041 6,441 4,555
Indonesia (k) 80% 208 216 29 28 - 273 4,622
Colombia (l) 33% 1,455 1,231 1,713 1,382 2,261 6,587 4,703
Total 20,571 19,329 20,648 19,735 21,991 81,703 82,835
STAINLESS STEEL
MATERIALS
NICKEL
Production
("000 tonnes)
CMSA 99.8% 9.9 11.7 11.9 11.1 12.2 46.9 40.4
Yabulu 100% 7.8 7.4 7.5 7.5 8.8 31.2 28.5
Total 17.7 19.1 19.4 18.6 21.0 78.1 68.9
CHROME ORES
Saleable production
("000 tonnes)
South Africa 60% 664 713 714 679 720 2,826 2,451
(i)
FERROCHROME
Saleable production
("000 tonnes)
South Africa 60% 223 238 230 263 259 990 837
(i)
Refer footnotes on page 5.
(a) Metal production is reported on the basis of payable
metal.
(b) Sulphide production at Escondida and Tintaya was reduced in November
2001 and January 2002 respectively due to weak market conditions.
Commercial production of copper cathode commenced at Tintaya in June
2002.
The Escondida Phase IV expansion was commissioned in October 2002.
(c) Antamina commenced commercial production in October 2001.
(d) BHP Billiton announced the sale of its interest in Alumbrera in
March 2003. The sale transaction reached closure in June 2003.
Participation in the joint venture ceased on 2 April 2003.
(e) Production ceased, ahead of mine closure, in February 2003.
(f) Coal production is reported on the basis of saleable product.
Production figures include some thermal coal.
(g) BHP Billiton acquired its share of South Blackwater in July 2001.
South Blackwater is equally owned by BHP Billiton and
Mitsubishi Development Pty Ltd. Effective January 2002, South
Blackwater production is reported in BMA.
(h) Shown on 100% basis before 20% outside equity interest.
(i) Shown on 100% basis. BHP Billiton interest in saleable production
is 60%.
(j) Boodarie Iron recommenced production in July 2002 following the
suspension of operations due to a tube failure in a gas re-heating
furnace.
(k) Production shown on 86.5% basis after allowing for Indonesian state
owned corporation"s 13.5% share of production.
BHP Billiton sold its interest in the Senakin and Satui mines effective
30 November 2001. Mining operations at Petangis ceased in October 2002.
(l) BHP Billiton increased its interest in Cerrejon Zona Norte to 33.3%
from 16.7% effective Februrary 2002.
PRODUCTION AND SHIPMENT
REPORT
QUARTER ENDED YEAR ENDED
JUNE SEPT DEC MARCH JUNE JUNE JUNE
2002 2002 2002 2003 2003 2003 2002
PETROLEUM
BHP Billiton attributable production unless
otherwise stated.
CRUDE OIL and CONDENSATE ("000 barrels)
Bass Strait 6,786 6,799 5,799 5,391 5,643 23,632 27,976
North West Shelf - 1,466 1,602 1,510 1,566 1,560 6,238 5,633
condensate
North West Shelf - 1,892 1,876 1,655 1,679 1,606 6,816 7,314
Wanaea/Cossack
Laminaria 2,200 2,914 1,869 1,419 1,161 7,363 9,728
Griffin 1,587 1,281 1,089 831 708 3,909 5,458
Pakistan 18 18 17 16 14 65 74
Typhoon/Boris 1,754 1,233 654 852 1,430 4,169 5,376
(a)
Americas 861 718 652 816 715 2,901 3,669
Liverpool Bay 2,574 1,838 2,463 2,174 2,344 8,819 11,042
Bruce/Keith 594 271 690 566 454 1,981 2,248
Total 19,732 18,550 16,398 15,310 15,635 65,893 78,519
NATURAL GAS (billion
cubic feet)
Bass Strait 26.77 33.07 21.07 17.51 25.37 97.02 96.86
North West 2.86 3.62 3.82 3.81 4.07 15.32 13.73
Shelf -
Domestic
North West 13.01 16.55 14.93 15.11 15.41 62.00 59.55
Shelf - LNG
Griffin 0.34 0.95 1.03 0.81 0.81 3.60 3.97
Pakistan 3.02 2.83 2.76 2.57 2.33 10.49 11.45
Typhoon/Boris 1.93 1.38 0.71 2.03 2.03 6.15 6.19
(a)
Americas 4.63 3.91 3.80 3.34 3.42 14.47 19.03
Bruce 7.92 4.59 10.55 10.04 8.17 33.35 30.29
Keith 0.16 0.07 0.15 0.15 0.14 0.51 0.72
Liverpool Bay 10.01 4.89 10.59 11.62 11.16 38.26 41.69
Total 70.66 71.86 69.41 66.99 72.91 281.17 283.47
LPG ("000 tonnes)
Bass Strait 126.70 149.66 115.23 111.74 135.18 511.81 471.70
North West 35.08 36.32 31.04 32.67 32.39 132.42 140.26
Shelf
Bruce 17.49 22.45 20.47 15.10 37.24 95.26 81.23
Keith 1.17 0.53 1.23 1.11 0.76 3.63 4.38
Total 180.43 208.96 167.97 160.62 205.57 743.12 697.56
ETHANE ("000
tonnes) 25.62 27.67 19.91 22.35 24.97 94.90 87.13
TOTAL 33.7 33.1 30.0 28.4 30.3 121.8 134.2
PETROLEUM
PRODUCTS
(million
barrels of oil
equivalent)(b)
Typhoon commenced production in July 2001. Boris commenced
production in February 2003.
Total barrels of oil equivalent (boe) conversions based on the
following:6000 scf of natural gas equals 1 boe1 tonne of LPG equals
11.6 boe1 tonne of ethane equals 4.4667 boe
PRODUCTION AND SHIPMENT
REPORT
QUARTER ENDED YEAR ENDED
JUNE SEPT DEC MARCH JUNE JUNE JUNE
2002 2002 2002 2003 2003 2003 2002
ALUMINIUM
BHP Billiton attributable production and sales unless
otherwise stated.
("000 tonnes)
ALUMINA
Production
Worsley, 686 698 662 658 724 2,742 2,696
Australia
Paranam, 215 221 213 222 223 879 851
Suriname
Alumar, Brazil 117 112 123 123 113 471 396
Total 1,018 1,031 998 1,003 1,060 4,092 3,943
Sales
Worsley, 690 758 606 751 636 2,751 2,676
Australia
Paranam, 197 253 201 243 228 925 847
Suriname
Alumar, Brazil 106 130 125 124 107 486 374
Total 993 1,141 932 1,118 971 4,162 3,897
ALUMINIUM
Production
Hillside, 132 135 134 133 132 534 501
South Africa
Bayside, South 43 46 45 48 46 185 175
Africa
Alumar, Brazil 46 44 44 45 45 178 153
Valesul, 11 11 11 10 11 43 37
Brazil
Mozal, 31 32 32 31 39 134 126
Mozambique
Total 263 268 266 267 273 1,074 992
Sales
Hillside, 131 124 135 133 143 535 499
South Africa
Bayside, South 53 47 45 48 48 188 181
Africa
Alumar, Brazil 45 38 52 38 51 179 150
Valesul, 11 9 12 9 10 40 37
Brazil
Mozal, 34 27 35 33 41 136 129
Mozambique
Total 274 245 279 261 293 1,078 996
PRODUCTION AND SHIPMENT
REPORT
QUARTER ENDED YEAR ENDED
JUNE SEPT DEC MARCH JUNE JUNE JUNE
2002 2002 2002 2003 2003 2003 2002
BASE METALS
BHP Billiton attributable production and sales unless otherwise stated.
Metals production is payable metal unless otherwise stated.
Escondida,
Chile (a) (b)
Material mined ("000
(100%) tonnes) 77,244 74,671 74,303 73,466 74,665 297,105 327,809
Sulphide ore ("000
milled (100%) tonnes) 11,311 10,142 14,632 16,744 16,416 57,934 43,028
Average copper (%) 1.74% 1.45% 1.59% 1.49% 1.62% 1.55% 1.69%
grade
("000
Production ex tonnes) 170.3 125.6 191.8 210.8 230.9 759.1 611.5
Mill (100%)
Production
Payable copper ("000
tonnes) 94.4 68.4 105.6 118.5 126.6 419.1 339.1
Payable gold (fine
concentrate ounces) 17,694 10,074 15,936 17,458 20,664 64,132 52,338
Copper cathode ("000
(SXEW) tonnes) 21.5 17.9 19.1 20.4 21.1 78.5 86.5
Payable silver ("000
concentrate ounces) 344 304 387 471 538 1,700 1,257
Sales
Payable copper ("000
tonnes) 85.3 77.0 104.8 113.5 128.9 424.2 333.0
Payable gold (fine
concentrate ounces) 17,004 11,689 16,709 17,166 20,138 65,702 48,925
Copper cathode ("000
(SXEW) tonnes) 22.7 18.1 19.5 19.3 20.3 77.2 88.1
Payable silver ("000
concentrate ounces) 248 269 400 484 584 1,737 1,207
(a) Sulphide production at Escondida was reduced in November 2001 due
to weak market conditions.
(b) Includes production from the Escondida Phase IV expansion which
commissioned in October 2002.
Tintaya, Peru
(a) (b)
Material mined ("000
tonnes) - - - - - - 32,111
Ore milled ("000
tonnes) - - - - - - 3,280
Average copper (%)
grade - - - - - - 1.65%
Production
Payable copper ("000
tonnes) 0.2 - - - - - 44.9
Payable gold (fine
concentrate ounces) - - - - - - 22,252
Copper cathode ("000
(SXEW) tonnes) 1.3 8.4 8.9 9.0 9.1 35.4 1.3
Sales
Payable copper ("000
tonnes) - - - - - - 45.8
Payable gold (fine
concentrate ounces) 212 - - - - - 24,955
Copper cathode ("000
(SXEW) tonnes) 1.9 8.0 8.7 8.7 9.5 34.9 1.9
(a) Sulphide production at Tintaya was suspended in January 2002 due to
weak market conditions.
(b) Commercial production of copper cathode commenced in June 2002.
Cerro Colorado,
Chile
Material mined ("000
tonnes) 18,628 17,963 15,027 16,564 16,458 66,012 64,661
Ore milled ("000
tonnes) 3,581 3,759 3,942 3,916 4,130 15,747 14,688
Average copper (%) 1.00% 0.97% 1.03% 1.00% 0.96% 0.99% 1.04%
grade
Production
Copper cathode ("000
tonnes) 31.3 32.5 33.1 32.5 33.0 131.1 130.8
Sales
Copper cathode ("000
tonnes) 34.5 27.2 29.1 39.3 31.5 127.1 133.2
Antamina, Peru
(a)
Material mined ("000
(100%) tonnes) 28,990 30,235 25,797 25,290 28,353 109,675 69,508
Ore milled ("000
(100%) tonnes) 7,250 6,794 6,395 6,424 6,697 26,310 19,877
Average head
grades
- Copper (%) 1.43% 1.33% 1.41% 1.32% 1.09% 1.29% 1.39%
- Zinc (%) 0.93% 1.28% 1.15% 1.54% 1.97% 1.49% 1.23%
Production
Payable copper ("000
tonnes) 30.5 25.7 26.4 23.6 21.2 96.9 81.9
Payable zinc (tonnes 13,518 18,189 15,424 20,519 28,553 82,685 48,326
)
Payable silver ("000
ounces) 461 536 557 617 517 2,227 1,719
Sales
Payable copper ("000
tonnes) 28.6 30.6 25.8 22.4 21.2 100.0 86.2
Payable zinc (tonnes 15,009 19,184 14,407 15,400 31,034 80,025 47,023
)
Payable silver ("000
ounces) 489 590 530 575 435 2,130 1,687
(a) Commercial production commenced in October 2001.
Alumbrera,
Argentina (a)
Material mined ("000
(100%) tonnes) 26,524 29,356 28,730 26,400 - 84,486 110,134
Ore milled ("000
(100%) tonnes) 7,575 8,034 8,703 8,376 - 25,113 29,379
Average head
grades
- Copper (%) 0.73% 0.62% 0.69% 0.54% - 0.62% 0.73%
- Gold (g/t) 1.0 0.8 0.9 0.7 - 0.8 1.0
Production
Payable copper ("000
tonnes) 12.8 11.1 13.4 9.9 - 34.4 48.5
Payable gold (fine
ounces) 43,020 35,935 42,594 30,730 - 109,259 171,789
Payable gold - (fine
dore ounces) 4,973 3,344 4,346 4,354 - 12,044 13,624
Payable silver ("000
ounces) 56 53 72 75 - 200 237
Sales
Payable copper ("000
tonnes) 11.6 10.3 13.3 10.8 - 34.4 47.2
Payable gold (fine
ounces) 36,874 33,957 42,381 33,438 - 109,776 166,819
Payable gold - (fine
dore ounces) 4,466 3,082 4,409 4,159 - 11,650 12,014
Payable silver ("000
ounces) 67 53 72 75 - 200 247
(a) BHP Billiton announced the sale of its interest in Alumbrera in
March 2003. The sale transaction reached closure in June 2003.
Participation in the joint venture ceased on 2nd April 2003.
Highland
Valley, Canada
Material mined ("000
(100%) tonnes) 18,522 20,455 18,682 16,642 18,186 73,965 77,637
Ore milled ("000
(100%) tonnes) 12,224 12,941 12,924 11,602 12,565 50,032 49,755
Average copper (%) 0.43% 0.40% 0.39% 0.40% 0.39% 0.39% 0.42%
grade
Production
Payable copper ("000
tonnes) 16.1 14.9 14.3 13.2 13.8 56.2 62.1
Payable ("000
molybdenum tonnes) 0.23 0.22 0.25 0.26 0.28 1.01 0.66
Payable silver ("000
ounces) 183 162 159 140 143 604 709
Payable gold (fine
concentrate ounces) 1,228 1,314 1,230 1,114 1,007 4,665 4,767
Sales
Payable copper ("000
tonnes) 14.9 14.4 17.5 10.0 10.7 52.6 62.7
Payable ("000
molybdenum tonnes) 0.22 0.19 0.22 0.26 0.23 0.90 0.67
Payable silver ("000
ounces) 173 153 189 106 116 564 729
Payable gold (fine
concentrate ounces) 1,467 1,240 1,644 843 793 4,520 6,465
Cannington,
Australia
Material mined ("000
tonnes) 574 631 573 601 588 2,393 2,240
Ore milled ("000
tonnes) 575 599 564 589 560 2,312 2,176
Average head
grades
- Silver (g/t) 675 564 535 550 525 544 615
- Lead (%) 13.6% 11.7% 11.9% 11.8% 12.1% 11.9% 12.9%
- Zinc (%) 3.9% 4.3% 4.3% 4.3% 5.3% 4.5% 4.6%
Production
Payable silver ("000
ounces) 10,265 9,612 8,326 8,773 8,161 34,872 35,964
Payable lead (tonnes 63,799 61,676 57,651 58,711 59,389 237,427 231,764
)
Payable zinc (tonnes 12,511 15,182 14,721 15,480 18,479 63,862 58,856
)
Sales
Payable silver ("000
ounces) 10,788 9,401 9,081 8,956 8,412 35,850 35,448
Payable lead (tonnes 67,650 59,856 62,735 57,961 58,742 239,294 229,362
)
Payable zinc (tonnes 14,761 12,077 14,849 18,056 13,288 58,270 64,935
)
Selbaie, Canada
Ore milled ("000
tonnes) 1,016 1,049 999 919 982 3,949 4,063
Average head
grades
- Zinc (%) 1.26% 1.37% 1.09% 1.11% 1.18% 1.19% 1.34%
- Copper (%) 0.34% 0.33% 0.28% 0.25% 0.24% 0.28% 0.34%
- Gold (g/t) 0.25 0.23 0.25 0.23 0.23 0.24 0.27
- Silver (g/t) 28.99 35.10 22.75 22.15 20.62 25.36 30.12
Production
Payable zinc (tonnes 8,121 9,840 6,540 6,421 7,364 30,165 34,196
)
Payable copper (tonnes 2,642 2,789 2,111 1,654 1,768 8,322 10,186
)
Payable gold (ounces
concentrate ) 5,117 4,486 5,069 4,146 4,081 17,782 22,201
Payable silver ("000
ounces) 524 593 369 279 284 1,525 2,073
Sales
Payable zinc (tonnes 7,877 9,861 7,245 6,649 6,812 30,567 34,464
)
Payable copper (tonnes 2,459 2,823 2,107 2,751 1,612 9,293 10,876
)
Payable gold (ounces
concentrate ) 5,142 5,932 3,082 5,508 4,280 18,802 26,304
Payable silver ("000
ounces) 573 527 478 444 355 1,804 1,783
Pering, South
Africa (a)
Ore milled ("000
tonnes) 338 320 288 151 - 759 1,349
Average head
grades
- Zinc (%) 1.85% 2.21% 3.34% 3.47% - 2.89% 1.88%
- Lead (%) 0.52% 0.66% 0.40% 0.33% - 0.50% 0.49%
Production
Payable zinc (tonnes 4,793 5,331 7,430 4,335 - 17,096 21,115
)
Payable lead (tonnes 969 1,567 694 354 - 2,615 4,302
)
Sales
Payable zinc (tonnes 3,667 3,701 6,179 5,343 4,466 19,689 18,203
)
Payable lead (tonnes 729 1,367 1,327 995 117 3,806 4,610
)
(a) Production ceased, ahead of mine closure, in February 2003.
San Manuel, USA
(a)
Production
Copper cathode ("000
(SXEW) tonnes) - - - - - - 6.3
(a) San Manuel SXEW operations closed in March 2002.
Pinto Valley,
USA
Production
Copper cathode ("000
(SXEW) tonnes) 2.8 2.8 2.7 2.5 2.6 10.6 12.8
Sales
Copper cathode ("000
(SXEW) tonnes) 2.9 2.7 2.6 2.6 2.6 10.5 12.7
PRODUCTION AND SHIPMENT
REPORT
QUARTER ENDED YEAR ENDED
JUNE SEPT DEC MARCH JUNE JUNE JUNE
2002 2002 2002 2003 2003 2003 2002
CARBON STEEL
MATERIALS
BHP Billiton attributable production and sales unless
otherwise stated.
("000 tonnes)
IRON ORE (a)
Pilbara,
Australia
Production
Mt Newman
Joint Venture 5,413 5,486 5,287 4,964 6,221 21,958 23,374
Goldsworthy Joint
Venture (b) 1,690 1,891 1,808 1,497 1,516 6,712 6,447
Yandi Joint
Venture 6,663 7,796 8,187 7,452 8,353 31,788 27,256
Jimblebar 1,476 1,433 1,186 1,371 1,428 5,418 5,201
Total (BHP 15,242 16,606 16,468 15,284 17,518 65,876 62,279
Billiton
share)
Total 17,671 19,284 19,165 17,739 20,359 76,547 72,350
production
(100%)
Shipments
Lump 4,151 4,335 4,290 4,352 4,193 17,170 14,679
Fines 10,517 11,842 13,896 12,144 13,187 51,069 45,959
Total (BHP 14,668 16,177 18,186 16,496 17,380 68,239 60,638
Billiton
share)
Total 17,256 19,033 21,396 19,407 20,448 80,284 71,338
shipments
(100%)
(a) Iron ore production and shipments are reported on a wet tonnes
basis.
(b) Includes bulk sample production from Mining Area C.
Samarco, Brazil
Production 1,838 2,022 1,979 1,953 1,902 7,856 5,629
Shipments 1,768 2,034 2,004 2,049 2,153 8,240 6,069
METALLURGICAL
COAL (a)
Queensland,
Australia
Production
BMA
Blackwater 1,669 1,633 1,603 1,668 1,937 6,841 5,843
Goonyella 904 734 812 1,191 1,075 3,812 3,776
Peak Downs 1,185 789 757 1,009 1,076 3,631 3,828
Saraji 716 427 629 599 666 2,321 2,547
Norwich Park 527 573 451 610 527 2,161 2,073
South - - - - - - 1,194
Blackwater (b)
Gregory/Crinum 685 496 780 761 488 2,525 2,440
BMA total 5,686 4,652 5,032 5,838 5,769 21,291 21,701
BHP Mitsui
Coal (c)
Riverside 928 927 400 300 1,014 2,641 3,402
South Walker 818 936 1,072 900 1,019 3,927 3,341
Creek
BHP Mitsui 1,746 1,863 1,472 1,200 2,033 6,568 6,743
Coal total |
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