Prod Rpt Q/E 30 June 03
BHP Billiton Limited
24 July 2003
BHP Billiton Limited is issuing this announcement to fulfil disclosure
obligations arising from its secondary listing on the London Stock Exchange.
The text of this release is identical to that issued by BHP Billiton Plc
earlier.
Date 24 July 2003
Number 24/03
BHP BILLITON PRODUCTION REPORT FOR THE QUARTER ENDED 30 JUNE 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.
****
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http://www.bhpbilliton.com
Australia United Kingdom
Andrew Nairn, Investor Relations Mark Lidiard, Investor & Media Relations
Tel: +61 3 9609 3952 Mobile: +61 408 313 259 Tel: +44 20 7802 4156
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Tel: +61 3 9609 4202 Mobile: +61 419 404 978 Michael Campbell, Investor & Media Relations
email: Tracey.Whitehead@BHPBilliton.com Tel: +27 11 376 3360 Mobile: +27 82 458 2587
email: Michael.J.Campbell@bhpbilliton.com
United States
Francis McAllister, Investor Relations
Tel: +1 713 961 8625 Mobile: +1 713 480 3699
email: Francis.R.McAllister@bhpbilliton.com
BHP BILLITON PRODUCTION SUMMARY
QUARTER ENDED YEAR ENDED % CHANGE
JUN Q03 JUN Q03 FY 03
JUNE MARCH JUNE JUNE JUNE vs vs vs
2002 2003 2003 2003 2002 JUN Q02 MAR Q03 FY 02
PETROLEUM
Crude oil & condensate ('000 bbl) 19,732 15,310 15,635 65,893 78,519 -21% 2% -16%
Natural gas (bcf) 70.66 66.99 72.91 281.17 283.47 3% 9% -1%
LPG ('000 180.43 160.62 205.57 743.12 697.56 14% 28% 7%
tonnes)
Ethane ('000 25.62 22.35 24.97 94.90 87.13 -3% 12% 9%
tonnes)
Total Petroleum Products (million 34 28 30 122 134 -10% 7% -9%
boe)
ALUMINIUM
Alumina ('000 1,018 1,003 1,060 4,092 3,943 4% 6% 4%
tonnes)
Aluminium ('000 263 267 273 1,074 992 4% 2% 8%
tonnes)
BASE METALS
Copper ('000 213.5 231.3 229.2 870.5 824.3 7% -1% 6%
tonnes)
Lead (tonnes) 64,768 59,065 59,389 240,042 236,066 -8% 1% 2%
Zinc (tonnes) 38,942 46,755 54,396 193,808 162,493 40% 16% 19%
Gold (ounces) 72,032 57,802 25,752 207,882 286,971 -64% -55% -28%
Silver ('000 11,833 10,355 9,643 41,128 41,958 -19% -7% -2%
ounces)
Molybdenum (tonnes) 232 260 280 1,010 658 21% 8% 54%
CARBON STEEL MATERIALS
Iron ore ('000 17,080 17,237 19,420 73,732 67,907 14% 13% 9%
tonnes)
Metallurgical coal ('000 9,359 8,556 9,026 34,622 35,532 -4% 5% -3%
tonnes)
Manganese ores ('000 784 890 1,058 4,102 3,535 35% 19% 16%
tonnes)
Manganese alloys ('000 169 177 195 737 618 15% 10% 19%
tonnes)
Hot briquetted iron ('000 - 465 458 1,670 1,047 100% -2% 60%
tonnes)
DIAMONDS AND SPECIALTY PRODUCTS
Diamonds ('000 1,023 1,015 1,300 4,340 3,650 27% 28% 19%
carats)
ENERGY COAL
Energy coal ('000 20,571 19,735 21,991 81,703 82,835 7% 11% -1%
tonnes)
STAINLESS STEEL MATERIALS
Nickel ('000 17.7 18.6 21.0 78.1 68.9 19% 13% 13%
tonnes)
Chrome ores ('000 664 679 720 2,826 2,451 8% 6% 15%
tonnes)
Ferrochrome ('000 223 263 259 990 837 16% -2% 18%
tonnes)
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 & condensate (000 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 ('000 180.43 208.96 167.97 160.62 205.57 743.12 697.56
tonnes)
Ethane ('000 25.62 27.67 19.91 22.35 24.97 94.90 87.13
tonnes)
Total Petroleum (million 34 33 30 28 30 122 134
Products boe)
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 Valley Copper 33.6% 16.1 14.9 14.3 13.2 13.8 56.2 62.1
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 Valley Copper 33.6% 1,228 1,314 1,230 1,114 1,007 4,665 4,767
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 Valley Copper 33.6% 183 162 159 140 143 604 709
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 Joint 85% 5,413 5,486 5,287 4,964 6,221 21,958 23,374
Venture
Goldsworthy Joint 85% 1,690 1,891 1,808 1,497 1,516 6,712 6,447
Venture
Yandi Joint Venture 85% 6,663 7,796 8,187 7,452 8,353 31,788 27,256
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 Coal (h) 80% 1,746 1,863 1,472 1,200 2,033 6,568 6,743
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 (i) 60% 475 581 560 534 574 2,249 1,867
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 (i) 60% 121 124 125 117 137 503 406
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) Iron (j) 100% - 333 414 465 458 1,670 1,047
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 (i) 60% 664 713 714 679 720 2,826 2,451
FERROCHROME
Saleable production ('000 tonnes)
South Africa (i) 60% 223 238 230 263 259 990 837
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 & CONDENSATE ('000 barrels)
Bass Strait 6,786 6,799 5,799 5,391 5,643 23,632 27,976
North West Shelf - condensate 1,466 1,602 1,510 1,566 1,560 6,238 5,633
North West Shelf - Wanaea/Cossack 1,892 1,876 1,655 1,679 1,606 6,816 7,314
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 (a) 1,754 1,233 654 852 1,430 4,169 5,376
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 Shelf - 2.86 3.62 3.82 3.81 4.07 15.32 13.73
Domestic
North West Shelf - LNG 13.01 16.55 14.93 15.11 15.41 62.00 59.55
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 (a) 1.93 1.38 0.71 2.03 2.03 6.15 6.19
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 Shelf 35.08 36.32 31.04 32.67 32.39 132.42 140.26
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 PETROLEUM PRODUCTS
(million barrels of oil equivalent) 33.7 33.1 30.0 28.4 30.3 121.8 134.2
(b)
(a) Typhoon commenced production in July 2001. Boris commenced production in February 2003.
(b) Total barrels of oil equivalent (boe) conversions based on the following:
6000 scf of natural gas equals 1 boe
1 tonne of LPG equals 11.6 boe
1 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, Australia 686 698 662 658 724 2,742 2,696
Paranam, Suriname 215 221 213 222 223 879 851
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, Australia 690 758 606 751 636 2,751 2,676
Paranam, Suriname 197 253 201 243 228 925 847
Alumar, Brazil 106 130 125 124 107 486 374
Total 993 1,141 932 1,118 971 4,162 3,897
ALUMINIUM
Production
Hillside, South Africa 132 135 134 133 132 534 501
Bayside, South Africa 43 46 45 48 46 185 175
Alumar, Brazil 46 44 44 45 45 178 153
Valesul, Brazil 11 11 11 10 11 43 37
Mozal, Mozambique 31 32 32 31 39 134 126
Total 263 268 266 267 273 1,074 992
Sales
Hillside, South Africa 131 124 135 133 143 535 499
Bayside, South Africa 53 47 45 48 48 188 181
Alumar, Brazil 45 38 52 38 51 179 150
Valesul, Brazil 11 9 12 9 10 40 37
Mozal, Mozambique 34 27 35 33 41 136 129
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 (100%) ('000 tonnes) 77,244 74,671 74,303 73,466 74,665 297,105 327,809
Sulphide ore milled ('000 tonnes) 11,311 10,142 14,632 16,744 16,416 57,934 43,028
(100%)
Average copper grade (%) 1.74% 1.45% 1.59% 1.49% 1.62% 1.55% 1.69%
Production ex Mill ('000 tonnes) 170.3 125.6 191.8 210.8 230.9 759.1 611.5
(100%)
Production
Payable copper ('000 tonnes) 94.4 68.4 105.6 118.5 126.6 419.1 339.1
Payable gold (fine ounces) 17,694 10,074 15,936 17,458 20,664 64,132 52,338
concentrate
Copper cathode (SXEW) ('000 tonnes) 21.5 17.9 19.1 20.4 21.1 78.5 86.5
Payable silver ('000 ounces) 344 304 387 471 538 1,700 1,257
concentrate
Sales
Payable copper ('000 tonnes) 85.3 77.0 104.8 113.5 128.9 424.2 333.0
Payable gold (fine ounces) 17,004 11,689 16,709 17,166 20,138 65,702 48,925
concentrate
Copper cathode (SXEW) ('000 tonnes) 22.7 18.1 19.5 19.3 20.3 77.2 88.1
Payable silver ('000 ounces) 248 269 400 484 584 1,737 1,207
concentrate
(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 ounces) - - - - - - 22,252
concentrate
Copper cathode (SXEW) ('000 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 ounces) 212 - - - - - 24,955
concentrate
Copper cathode (SXEW) ('000 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 grade (%) 1.00% 0.97% 1.03% 1.00% 0.96% 0.99% 1.04%
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 (100%) ('000 tonnes) 28,990 30,235 25,797 25,290 28,353 109,675 69,508
Ore milled (100%) ('000 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 (100%) ('000 tonnes) 26,524 29,356 28,730 26,400 - 84,486 110,134
Ore milled (100%) ('000 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 - dore (fine 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 - dore (fine 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 (100%) ('000 tonnes) 18,522 20,455 18,682 16,642 18,186 73,965 77,637
Ore milled (100%) ('000 tonnes) 12,224 12,941 12,924 11,602 12,565 50,032 49,755
Average copper grade (%) 0.43% 0.40% 0.39% 0.40% 0.39% 0.39% 0.42%
Production
Payable copper ('000 tonnes) 16.1 14.9 14.3 13.2 13.8 56.2 62.1
Payable molybdenum ('000 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 ounces) 1,228 1,314 1,230 1,114 1,007 4,665 4,767
concentrate
Sales
Payable copper ('000 tonnes) 14.9 14.4 17.5 10.0 10.7 52.6 62.7
Payable molybdenum ('000 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 ounces) 1,467 1,240 1,644 843 793 4,520 6,465
concentrate
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) 5,117 4,486 5,069 4,146 4,081 17,782 22,201
concentrate
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) 5,142 5,932 3,082 5,508 4,280 18,802 26,304
concentrate
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 (SXEW) ('000 tonnes) - - - - - - 6.3
(a) San Manuel SXEW operations closed in March 2002.
Pinto Valley, USA
Production
Copper cathode (SXEW) ('000 tonnes) 2.8 2.8 2.7 2.5 2.6 10.6 12.8
Sales
Copper cathode (SXEW) ('000 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 5,413 5,486 5,287 4,964 6,221 21,958 23,374
Venture
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 Billiton 15,242 16,606 16,468 15,284 17,518 65,876 62,279
share)
Total production 17,671 19,284 19,165 17,739 20,359 76,547 72,350
(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 Billiton 14,668 16,177 18,186 16,496 17,380 68,239 60,638
share)
Total shipments (100%) 17,256 19,033 21,396 19,407 20,448 80,284 71,338
(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 Blackwater (b) - - - - - - 1,194
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 Creek 818 936 1,072 900 1,019 3,927 3,341
BHP Mitsui Coal total 1,746 1,863 1,472 1,200 2,033 6,568 6,743
Queensland total 7,432 6,515 6,504 7,038 7,802 27,859 28,444
Shipments
Coking coal 5,252 4,165 4,034 4,707 4,395 17,301 18,866
Weak coking coal 1,124 1,739 1,503 1,569 1,525 6,336 5,995
Thermal coal 734 1,022 800 852 943 3,617 2,833
Total 7,110 6,926 6,337 7,128 6,863 27,254 27,694
(a) Coal production is reported on the basis of saleable product. Production figures include some thermal coal.
(b) 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 Jauary 2002, South Blackwater production is included in Blackwater.
(c) BHP Mitsui Coal production shown on 100% basis before 20% outside equity interest.
Illawarra, Australia
Production 1,927 2,135 1,886 1,518 1,224 6,763 7,088
Shipments
Coking coal 1,543 1,515 1,900 1,611 1,571 6,597 6,210
Thermal coal 268 134 95 242 179 650 547
Total 1,811 1,649 1,995 1,853 1,750 7,247 6,757
MANGANESE ORES
South Africa
Saleable production (a) 475 581 560 534 574 2,249 1,867
(a) Shown on 100% basis, BHP Billiton interest in saleable production is 60%.
Australia
Saleable production (a) 309 514 499 356 484 1,853 1,668
(a) Shown on 100% basis, BHP Billiton interest in saleable production is 60%.
MANGANESE ALLOYS
South Africa
Saleable production (a) 121 124 125 117 137 503 406
(a) Shown on 100% basis, BHP Billiton interest in saleable production is 60%.
Australia
Saleable production (a) 48 51 65 60 58 234 212
(a) Shown on 100% basis, BHP Billiton interest in saleable production is 60%.
HOT BRIQUETTED IRON
Boodarie(TM) Iron,
Australia (a)
Production - 333 414 465 458 1,670 1,047
Shipments 93 202 464 416 487 1,569 1,144
(a) Boodarie Iron recommenced production in July 2002 following the suspension of operations due to a tube failure
in a gas
re-heating furnace.
PRODUCTION AND SHIPMENT REPORT
QUARTER ENDED YEAR ENDED
JUNE SEPT DEC MARCH JUNE JUNE JUNE
2002 2002 2002 2003 2003 2003 2002
DIAMONDS AND SPECIALTY PRODUCTS
BHP Billiton attributable production and sales unless otherwise stated.
DIAMONDS
Ekati(TM), Canada
Ore Processed (100%) ('000 tonnes) 883 996 1,045 1,087 1,182 4,310 3,354
Production ('000 carats) 1,023 954 1,071 1,015 1,300 4,340 3,650
PRODUCTION AND SHIPMENT REPORT
QUARTER ENDED YEAR ENDED
JUNE SEPT DEC MARCH JUNE JUNE JUNE
2002 2002 2002 2003 2003 2003 2002
ENERGY COAL
BHP Billiton attributable production and sales unless otherwise stated.
('000 tonnes)
Ingwe, South Africa
Production 13,815 13,838 13,333 13,256 13,812 54,239 55,710
Sales
Export 5,744 5,648 6,609 5,696 6,339 24,292 23,721
Local utility 7,767 7,836 7,263 7,160 7,926 30,185 29,003
Inland 742 471 412 340 337 1,560 3,780
Total 14,253 13,955 14,284 13,196 14,602 56,037 56,503
New Mexico, USA
Production
Navajo Coal 2,030 1,602 2,154 1,797 2,497 8,050 7,207
San Juan Coal (a) 1,673 1,198 2,185 1,350 1,380 6,113 6,038
Total 3,703 2,800 4,339 3,147 3,877 14,163 13,245
Sales - local utility 3,469 3,546 3,348 3,316 3,643 13,853 13,247
(a) Includes production from longwall operations commenced at San Juan in October 2002.
Hunter Valley, Australia
Production 1,390 1,244 1,234 1,922 2,041 6,441 4,555
Sales
Export 1,056 783 881 1,036 1,301 4,001 3,135
Inland 337 366 276 704 1,285 2,631 1,455
Total 1,393 1,149 1,157 1,740 2,586 6,632 4,590
Kalimantan, Indonesia
Production (a)
Senakin (b) - - - - - - 1,962
Satui (b) - - - - - - 1,845
Petangis (c) 208 216 29 28 - 273 815
Total 208 216 29 28 - 273 4,622
Sales - export 243 189 49 56 - 294 4,481
(a) Reported on 86.5% basis after allowing for the Indonesian state-owned corporation's 13.5% share of all
production.
(b) BHP Billiton sold its interest in Senakin and Satui effective 30 November 2001.
(c) Mining operations at Petangis ceased in October 2002.
Cerrejon Coal, Colombia (a)
Production 1,455 1,231 1,713 1,382 2,261 6,587 4,703
Sales - export 1,144 1,246 1,851 1,971 2,247 7,315 3,901
(a) BHP Billiton increased its interest in CZN from 16.7% to 33.3% effective February 2002.
PRODUCTION AND SHIPMENT REPORT
QUARTER ENDED YEAR ENDED
JUNE SEPT DEC MARCH JUNE JUNE JUNE
2002 2002 2002 2003 2003 2003 2002
STAINLESS STEEL MATERIALS
BHP Billiton attributable production and sales unless otherwise stated.
('000 tonnes)
NICKEL
CMSA, Colombia
Production 9.9 11.7 11.9 11.1 12.2 46.9 40.4
Sales 11.6 10.5 12.8 10.3 13.5 47.1 41.6
Yabulu, Australia
Production
Nickel 7.8 7.4 7.5 7.5 8.8 31.2 28.5
Cobalt 0.4 0.5 0.5 0.4 0.5 1.9 1.7
Sales
Nickel 7.1 7.1 8.3 8.1 9.5 33.0 29.0
Cobalt 0.5 0.5 0.5 0.5 0.5 2.0 1.9
CHROME ORES
South Africa
Saleable production (a) 664 713 714 679 720 2,826 2,451
(a) Shown on 100% basis, BHP Billiton interest in saleable production is 60%.
FERROCHROME
South Africa
Saleable production (a) 223 238 230 263 259 990 837
(a) Shown on 100% basis, BHP Billiton interest in saleable production is 60%.
BHP Billiton Limited ABN 49 004 028 077 BHP Billiton Plc Registration number 3196209
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