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BHP Billiton Iron Ore Negotiations

30th Mar 2010 07:00

RNS Number : 3854J
BHP Billiton PLC
29 March 2010
 



NEWS RELEASE

Release Time

IMMEDIATE

Date

30 March 2010

Number

10/10

 

BHP BILLITON IRON ORE NEGOTIATIONS

 

BHP Billiton today announced that it had reached agreement with a significant number of customers throughout Asia to move existing iron ore contracts that were previously priced annually onto a shorter term landed price equivalent basis. The agreements reached represent the majority of BHP Billiton's iron ore sales volume. The structural change that these settlements represent is consistent with BHP Billiton achieving market clearing prices.

 

 

Further information on BHP Billiton can be found on our Internet site: www.bhpbilliton.com

 

Australia

Amanda Buckley, Media Relations

Tel: +61 3 9609 2209 Mobile: +61 419 801 349

email: [email protected]

United Kingdom & South Africa

Andre Liebenberg, Investor Relations

Tel: +44 20 7802 4131 Mobile: +44 7920 236 974

email: [email protected]

 

Fiona Martin, Media Relations

Tel: +61 3 9609 2211

email: [email protected]

Illtud Harri, Media Relations

Tel: +44 20 7802 4195 Mobile: +44 7920 237 246

email: [email protected]

 

Leng Lau, Investor Relations

Tel: +61 3 9609 4202 Mobile: +61 403 533 706

email: [email protected]

Americas

Scott Espenshade, Investor Relations

Tel: +1 713 599 6431 Mobile: +1 713 208 8565

email: [email protected]

 

 

 

 

Ruban Yogarajah, Media Relations

Tel: US +1 713 966 2907 or UK +44 20 7802 4033 Mobile: UK +44 7827 082 022

email: [email protected]

 

BHP Billiton Limited ABN 49 004 028 077

Registered in Australia

Registered Office: 180 Lonsdale Street

Melbourne Victoria 3000 Australia

Tel +61 1300 55 4757 Fax +61 3 9609 3015

 

 

BHP Billiton Plc Registration number 3196209

Registered in England and Wales

Registered Office: Neathouse Place

London SW1V 1BH United Kingdom

Tel +44 20 7802 4000 Fax +44 20 7802 4111

 

 

Members of the BHP Billiton group which is headquartered in Australia

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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