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BHP Billiton Production Report 31 December 2012

23rd Jan 2013 07:00

RNS Number : 1434W
BHP Billiton PLC
22 January 2013
 



NEWS RELEASE

Release Time

IMMEDIATE

Date

23 January 2013

Number

01/13

 

BHP BILLITON PRODUCTION REPORT FOR THE HALF YEAR ENDED 31 DECEMBER 2012

 

 

·; The release of latent capacity at a number of our highest margin businesses and strong growth across our broader portfolio is expected to deliver a compound annual growth rate of 10% in copper equivalent terms over the two years to the end of the 2014 financial year.

 

·; Western Australia Iron Ore (WAIO) delivered a twelfth consecutive December half year production and sales record. First ore was received by the fifth car dumper, which is the last major piece of infrastructure required to increase WAIO port capacity to 220 million tonnes per annum (100% basis). WAIO production guidance remains unchanged with a 5% increase anticipated in the 2013 financial year.

 

·; Petroleum production of 121 million barrels of oil equivalent during the December 2012 half year underpins full year guidance, which remains unchanged at 240 million barrels of oil equivalent.

 

·; Copper in concentrate production at Escondida increased by 70% in the December 2012 half year when compared with the prior corresponding period. Total Escondida copper production is on track to increase by 20% in the 2013 financial year.

 

·; At the end of the December 2012 quarter, Queensland Coal production was approaching full supply chain capacity. The associated increase in productivity, broader economies of scale and the closure of high cost capacity is expected to deliver a substantial reduction in unit costs in the second half of the 2013 financial year.

 

Petroleum

DEC2012HALF

DEC2012QTR

DEC H12vsDEC H11

DEC Q12vsDEC Q11

DEC Q12vsSEP Q12

Crude oil, condensate and natural gas liquids ('000 boe)

45,739

23,292

4%

5%

4%

Natural gas (bcf)

452.51

219.66

15%

2%

-6%

Total petroleum products (million boe)

121.15

59.90

11%

3%

-2%

 

Total petroleum production - Petroleum production of 121 million barrels of oil equivalent during the December 2012 half year underpins full year guidance, which remains unchanged at 240 million barrels of oil equivalent.

 

Crude oil, condensate and natural gas liquids - Liquids volumes increased by four per cent from the September 2012 quarter and reflected continued growth in Onshore US liquids production, development drilling at Shenzi (US) and a full quarter contribution from the Atlantis and Mad Dog facilities (both US). These strong results were partially offset by a seasonal reduction in Bass Strait (Australia) production and natural field decline at Pyrenees (Australia).

 

Record Onshore US liquids production of 48 thousand barrels per day during the December 2012 quarter represented a 13 per cent increase from the prior period. A focused drilling program in the liquids-rich areas of the Eagle Ford and Permian is expected to drive strong growth in Onshore US liquids production over the remainder of the 2013 financial year.

 

Natural gas - Lower gas production in the December 2012 quarter reflected the seasonal reduction in demand for Bass Strait natural gas that followed a particularly strong September 2012 quarter.

 

Aluminium and Nickel

DEC2012HALF

DEC2012QTR

DEC H12vsDEC H11

DEC Q12vsDEC Q11

DEC Q12vsSEP Q12

Alumina ('000 tonnes)

2,402

1,232

17%

23%

5%

Aluminium ('000 tonnes)

567

297

-10%

-5%

10%

Nickel ('000 tonnes)

71.7

34.7

-2%

-10%

-6%

 

Alumina - Strong performance at Worsley (Australia) contributed to record alumina production in the December 2012 quarter and half year. Worsley operated at 95 per cent of design capacity during the December 2012 quarter following the successful ramp up of the Efficiency and Growth project.

 

Aluminium - Metal production increased by 10 per cent from the September 2012 quarter as Hillside (South Africa) production returned to full technical capacity, ahead of schedule.

 

Nickel - Nickel production declined by six per cent from the September 2012 quarter as strong operating performance at Cerro Matoso (Colombia) was more than offset by planned maintenance at the Nickel West Kalgoorlie smelter and Kwinana refinery (both Australia), which was completed during the period.

 

From a broader perspective, the strong Australian dollar and weak pricing environment continued to place pressure on the Group's Australian alumina and nickel operations.

 

Base Metals

DEC2012HALF

DEC2012QTR

DEC H12vsDEC H11

DEC Q12vsDEC Q11

DEC Q12vsSEP Q12

Copper ('000 tonnes)

569.1

295.2

14%

5%

8%

Lead (tonnes)

98,318

46,135

-20%

-31%

-12%

Zinc (tonnes)

52,131

26,209

1%

-7%

1%

Silver ('000 ounces)

17,722

8,557

-12%

-22%

-7%

Uranium oxide concentrate (Uranium) (tonnes)

2,056

1,014

8%

12%

-3%

 

Copper - Copper in concentrate production at Escondida (Chile) increased by 70 per cent in the December 2012 half year when compared with the prior corresponding period. Production benefited from the transition to higher grade ore feed and the successful completion of large scale maintenance programs that have increased concentrator throughput. The average copper grade mined during the December 2012 quarter increased to 1.39 per cent. Total Escondida copper production is on track to increase by 20 per cent in the 2013 financial year.

 

Record production at Antamina (Peru) over the six month period also contributed to the 14 per cent increase in total copper production for the December 2012 half year, while a 26 per cent reduction in copper production at Olympic Dam (Australia) reflected the impact of a planned smelter outage in the period. The Olympic Dam smelter is expected to return to full capacity during the March 2013 quarter.

 

At 31 December 2012, the Group had 311,847 tonnes of outstanding copper sales that were revalued at a weighted average price of US$3.59 per pound. The final price of these sales will be determined over the remainder of the 2013 financial year. In addition, 278,547 tonnes of copper sales from the 2012 financial year were subject to a finalisation adjustment in the current period. The finalisation adjustment and provisional pricing impact as at 31 December 2012 will increase earnings before interest and tax by US$48 million for the period.

 

Lead/silver - Lead and silver production was lower than all comparable periods and reflected lower head grades at Cannington (Australia).

 

Zinc - Production was broadly in line with all comparable periods.

 

Uranium - Higher recoveries associated with improved plant availability at Olympic Dam led to an eight per cent increase in production in the December 2012 half year when compared with the prior corresponding period.

 

Diamonds and Specialty Products

DEC2012HALF

DEC2012QTR

DEC H12vsDEC H11

DEC Q12vsDEC Q11

DEC Q12vsSEP Q12

Diamonds ('000 carats)

608

295

-35%

-39%

-6%

 

Diamonds - EKATI (Canada) production was lower than all comparable periods.

 

BHP Billiton has agreed to sell its diamonds business, comprising its interests in the EKATI Diamond Mine and Diamonds Marketing operations, to Harry Winston Diamond Mines Ltd for an aggregate cash consideration of US$500 million. The transactions are subject to regulatory approval and other customary conditions. Completion is expected in the first half of calendar year 2013.

 

Iron Ore

DEC2012HALF

DEC2012QTR

DEC H12vsDEC H11

DEC Q12vsDEC Q11

DEC Q12vsSEP Q12

Iron ore ('000 tonnes)

81,962

42,190

2%

3%

6%

 

Iron ore - Western Australia Iron Ore (WAIO) delivered a twelfth consecutive December half year production and sales record as the business continued to benefit from the Company's decade long investment in supply chain capacity. Our Pilbara operations achieved another significant milestone during the December 2012 quarter with first ore received by the recently installed fifth car dumper at Finucane Island. This car dumper is the last major piece of infrastructure required to increase WAIO port capacity from the December 2012 quarter run-rate of 188 million tonnes per annum to 220 million tonnes per annum (100 per cent basis).

 

The Jimblebar Mine Expansion, which is on schedule for first production in the March 2014 quarter, will broadly match mine and port capacity at this expanded rate, while the progressive debottlenecking of the supply chain is expected to underpin substantial low cost, longer term growth in our WAIO business.

 

The strong outlook for our WAIO business is underpinned by an anticipated five per cent increase in production in the 2013 financial year, for unchanged guidance of 183 million tonnes (100 per cent basis).

 

Samarco's (Brazil) three pellet plants continued to operate at capacity during the period.

 

Manganese

DEC2012HALF

DEC2012QTR

DEC H12vsDEC H11

DEC Q12vsDEC Q11

DEC Q12vsSEP Q12

Manganese ore ('000 tonnes)

4,263

2,117

11%

17%

-1%

Manganese alloy ('000 tonnes)

283

153

-27%

-22%

18%

 

Manganese ore - Record ore production in the December 2012 half year reflected a substantial improvement in plant availability at GEMCO (Australia).

 

Manganese alloy - Alloy volumes increased by 18 per cent from the September 2012 quarter as TEMCO (Australia) production returned to full capacity following the temporary suspension of operations that occurred during the 2012 financial year.

 

The decline in alloy production in the December 2012 half year when compared with the prior corresponding period reflected the permanent closure of energy intensive silicomanganese production at Metalloys (South Africa) in January 2012.

 

Metallurgical Coal

DEC2012HALF

DEC2012QTR

DEC H12vsDEC H11

DEC Q12vsDEC Q11

DEC Q12vsSEP Q12

Metallurgical coal ('000 tonnes)

17,826

8,888

0%

5%

-1%

 

Metallurgical coal - Queensland Coal (Australia) sales increased by 30 per cent from the September 2012 quarter. However, the strong recovery in production that followed the conclusion of the BMA Enterprise Agreement was largely offset by planned wash plant outages at South Walker Creek and Goonyella, and the closure of high cost capacity at Gregory. The Gregory open-cut mine ceased production on 10 October 2012.

 

At the end of the December 2012 quarter, Queensland Coal production was approaching full supply chain capacity. The associated increase in productivity, broader economies of scale and the closure of high cost capacity is expected to deliver a substantial reduction in unit costs in the second half of the 2013 financial year.

 

At Illawarra Coal (Australia), a longwall move at the Dendrobium mine commenced at the end of the December 2012 quarter. Illawarra Coal achieved record sales during the December 2012 half year.

 

Energy Coal

DEC2012HALF

DEC2012QTR

DEC H12vsDEC H11

DEC Q12vsDEC Q11

DEC Q12vsSEP Q12

Energy coal ('000 tonnes)

37,863

18,256

7%

8%

-7%

 

Energy coal - A seven per cent increase in production in the December 2012 half year when compared with the prior corresponding period was underpinned by record production at New South Wales Energy Coal (Australia), which continued to benefit from the ramp up of the RX1 project. However, dragline outages at Navajo Coal and an unplanned shutdown at San Juan Coal (both US) contributed to a seven per cent decline in volumes from the September 2012 quarter.

 

The New South Wales Energy Coal and BECSA (South Africa) product mix continued to evolve with an increase in the overall proportion of high ash coal sold to key growth markets during the December 2012 half year.

 

Further information on BHP Billiton can be found at: www.bhpbilliton.com

 

Media Relations

 

Australia

 

Antonios Papaspiropoulos

Tel: +61 3 9609 3830 Mobile: +61 477 325 803

email: [email protected]

 

Fiona Hadley

Tel: +61 3 9609 2211 Mobile: +61 427 777 908

email: [email protected]

 

Eleanor Nichols

Tel: +61 3 9609 2360 Mobile: +61 407 064 748

email: [email protected]

 

United Kingdom

 

Ruban Yogarajah

Tel: +44 20 7802 4033 Mobile: +44 7827 082 022

email: [email protected]

 

Americas

 

Jaryl Strong

Tel: +1 713 499 5548 Mobile: +1 281 222 6627

email: [email protected]

Investor Relations

 

Australia

 

James Agar

Tel: +61 3 9609 2222 Mobile: +61 467 807 064

email: [email protected]

 

Andrew Gunn

Tel: +61 3 9609 3575 Mobile: +61 439 558 454

email: [email protected]

 

United Kingdom and South Africa

 

Tara Dines

Tel: +44 20 7802 7113 Mobile: +44 7825 342 232

Email: [email protected]

 

Americas

 

Brendan Harris

Tel: +44 20 7802 4131 Mobile: +44 7990 527 726

email: [email protected]

 

Matt Chism

Tel: +1 71 359 96158 Mobile: +1 281 782 2238

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

 

BHP BILLITON PRODUCTION SUMMARY

QUARTER ENDED

YEAR TO DATE

% CHANGE

DEC YTD12

DEC Q12

DEC Q12

DEC

SEP

DEC

DEC

DEC

vs

vs

vs

2011

2012

2012

2012

2011

DEC YTD11

DEC Q11

SEP Q12

PETROLEUM

Crude oil & condensate

('000 bbl)

18,866

18,036

19,228

37,264

37,348

0%

2%

7%

Natural gas

(bcf)

214.49

232.85

219.66

452.51

391.84

15%

2%

-6%

NGL

('000 boe)

3,362

4,411

4,064

8,475

6,718

26%

21%

-8%

Total petroleum products

(million boe)

57.98

61.25

59.90

121.15

109.38

11%

3%

-2%

ALUMINIUM AND NICKEL

Alumina

('000 tonnes)

1,001

1,170

1,232

2,402

2,061

17%

23%

5%

Aluminium

('000 tonnes)

313

270

297

567

628

-10%

-5%

10%

Nickel

('000 tonnes)

38.4

37.0

34.7

71.7

73.5

-2%

-10%

-6%

BASE METALS

Copper

('000 tonnes)

280.3

273.9

295.2

569.1

500.6

14%

5%

8%

Lead

(tonnes)

66,992

52,183

46,135

98,318

122,651

-20%

-31%

-12%

Zinc

(tonnes)

28,298

25,922

26,209

52,131

51,742

1%

-7%

1%

Gold

(ounces)

44,007

32,436

38,092

70,528

83,446

-15%

-13%

17%

Silver

('000 ounces)

10,903

9,165

8,557

17,722

20,054

-12%

-22%

-7%

Uranium oxide concentrate

(tonnes)

909

1,042

1,014

2,056

1,909

8%

12%

-3%

Molybdenum

(tonnes)

766

454

410

864

1,361

-37%

-46%

-10%

DIAMONDS AND SPECIALTY PRODUCTS

Diamonds

('000 carats)

481

313

295

608

938

-35%

-39%

-6%

IRON ORE

Iron ore

('000 tonnes)

41,072

39,772

42,190

81,962

80,644

2%

3%

6%

MANGANESE

Manganese ore

('000 tonnes)

1,806

2,146

2,117

4,263

3,825

11%

17%

-1%

Manganese alloy

('000 tonnes)

195

130

153

283

389

-27%

-22%

18%

METALLURGICAL COAL

Metallurgical coal

('000 tonnes)

8,493

8,938

8,888

17,826

17,784

0%

5%

-1%

ENERGY COAL

Energy coal

('000 tonnes)

16,919

19,607

18,256

37,863

35,379

7%

8%

-7%

 

Throughout this report figures in italics indicate that this figure has been adjusted since it was previously reported.

 

BHP BILLITON ATTRIBUTABLE PRODUCTION

QUARTER ENDED

YEAR TO DATE

BHP Billiton

DEC

MAR

JUN

SEP

DEC

DEC

DEC

interest

2011

2012

2012

2012

2012

2012

2011

PETROLEUM

Production

Crude oil & condensate ('000 bbl)

18,866

18,127

15,726

18,036

19,228

37,264

37,348

Natural gas (bcf)

214.49

209.17

221.25

232.85

219.66

452.51

391.84

NGL ('000 boe) (a)

3,362

3,609

3,758

4,411

4,064

8,475

6,718

Total petroleum products (million boe)

57.98

56.60

56.36

61.25

59.90

121.15

109.38

ALUMINIUM AND NICKEL

ALUMINA

Production ('000 tonnes)

Worsley

86%

694

741

730

859

944

1,803

1,446

Alumar

36%

307

311

309

311

288

599

615

Total

1,001

1,052

1,039

1,170

1,232

2,402

2,061

ALUMINIUM

Production ('000 tonnes)

Hillside

100%

180

144

117

139

166

305

360

Bayside

100%

24

26

23

25

25

50

49

Alumar

40%

42

42

42

39

39

78

86

Mozal

47%

67

65

66

67

67

134

133

Total

313

277

248

270

297

567

628

NICKEL

Production ('000 tonnes)

CMSA

99.9%

12.3

13.4

12.8

13.3

12.4

25.7

22.7

Nickel West

100%

26.1

28.3

29.9

23.7

22.3

46.0

50.8

Total

38.4

41.7

42.7

37.0

34.7

71.7

73.5

BASE METALS (b)

COPPER

Payable metal in concentrate ('000 tonnes)

Escondida

57.5%

80.4

87.7

115.8

101.2

120.7

221.9

130.3

Antamina

33.8%

30.9

30.9

34.9

40.2

39.6

79.8

61.2

Pinto Valley

100%

-

-

-

-

0.5

0.5

-

Total

111.3

118.6

150.7

141.4

160.8

302.2

191.5

Cathode ('000 tonnes)

Escondida

57.5%

43.0

47.4

48.7

41.6

40.8

82.4

75.9

Pampa Norte (c)

100%

70.0

66.2

62.1

52.7

58.8

111.5

135.4

Pinto Valley

100%

1.4

1.4

1.2

1.2

1.2

2.4

2.8

Olympic Dam

100%

54.6

47.8

49.8

37.0

33.6

70.6

95.0

Total

169.0

162.8

161.8

132.5

134.4

266.9

309.1

Total Copper

280.3

281.4

312.5

273.9

295.2

569.1

500.6

LEAD

Payable metal in concentrate (tonnes)

Cannington

100%

66,787

53,412

63,334

51,923

45,937

97,860

122,344

Antamina

33.8%

205

148

333

260

198

458

307

Total

66,992

53,560

63,667

52,183

46,135

98,318

122,651

ZINC

Payable metal in concentrate (tonnes)

Cannington

100%

14,745

12,904

12,540

11,408

13,622

25,030

29,233

Antamina

33.8%

13,553

16,823

18,208

14,514

12,587

27,101

22,509

Total

28,298

29,727

30,748

25,922

26,209

52,131

51,742

Refer footnotes on page 4.

 

BASE METALS (continued)

GOLD

Payable metal in concentrate (ounces)

Escondida

57.5%

14,242

12,732

12,817

9,419

13,877

23,296

25,305

Olympic Dam (refined gold)

100%

29,765

31,952

27,752

23,017

24,215

47,232

58,141

Total

44,007

44,684

40,569

32,436

38,092

70,528

83,446

SILVER

Payable metal in concentrate ('000 ounces)

Escondida

57.5%

549

481

488

350

481

831

952

Antamina

33.8%

1,087

1,170

1,043

919

934

1,853

2,059

Cannington

100%

9,056

7,836

9,757

7,689

6,949

14,638

16,615

Olympic Dam (refined silver)

100%

211

228

251

207

193

400

428

Total

10,903

9,715

11,539

9,165

8,557

17,722

20,054

URANIUM OXIDE CONCENTRATE

Payable metal in concentrate (tonnes)

Olympic Dam

100%

909

896

1,080

1,042

1,014

2,056

1,909

Total

909

896

1,080

1,042

1,014

2,056

1,909

MOLYBDENUM

Payable metal in concentrate (tonnes)

Antamina

33.8%

766

521

464

454

410

864

1,361

Total

766

521

464

454

410

864

1,361

DIAMONDS AND SPECIALTY PRODUCTS

DIAMONDS

Production ('000 carats)

EKATI(TM)

80%

481

433

413

313

295

608

938

Refer footnotes on page 4.

IRON ORE

Production ('000 tonnes) (d)

Newman (e)

85%

13,247

11,789

13,132

11,752

12,809

24,561

26,405

Goldsworthy Joint Venture

85%

334

37

143

432

378

810

588

Area C Joint Venture

85%

10,437

10,343

11,166

10,937

10,245

21,182

20,916

Yandi Joint Venture

85%

14,170

13,063

13,595

13,771

15,954

29,725

26,878

Samarco

50%

2,884

2,711

2,855

2,880

2,804

5,684

5,857

Total

41,072

37,943

40,891

39,772

42,190

81,962

80,644

MANGANESE

MANGANESE ORES

Saleable production ('000 tonnes)

South Africa (f)

44.4%

808

917

989

858

834

1,692

1,719

Australia (f)

60%

998

1,123

1,077

1,288

1,283

2,571

2,106

Total

1,806

2,040

2,066

2,146

2,117

4,263

3,825

MANGANESE ALLOYS

Saleable production ('000 tonnes)

South Africa (f) (g)

60%

124

81

75

93

91

184

248

Australia (f)

60%

71

57

-

37

62

99

141

Total

195

138

75

130

153

283

389

METALLURGICAL COAL

Production ('000 tonnes) (h)

BMA

50%

5,006

4,226

4,105

5,182

5,440

10,622

10,280

BHP Mitsui Coal (i)

80%

1,580

1,649

1,661

1,766

1,589

3,355

3,383

Illawarra

100%

1,907

1,462

2,343

1,990

1,859

3,849

4,121

Total

8,493

7,337

8,109

8,938

8,888

17,826

17,784

ENERGY COAL

Production ('000 tonnes)

South Africa

100%

7,976

7,895

8,313

8,454

7,969

16,423

17,071

USA

100%

2,163

2,109

2,673

3,871

2,798

6,669

4,630

Australia

100%

4,027

4,291

4,393

4,453

4,827

9,280

8,073

Colombia

33%

2,753

2,953

3,105

2,829

2,662

5,491

5,605

Total

16,919

17,248

18,484

19,607

18,256

37,863

35,379

 

(a) LPG and ethane are reported as Natural Gas Liquid (NGL). Product-specific conversions are made and NGL is reported in barrels of oil equivalent (boe).

(b) Metal production is reported on the basis of payable metal.

(c) Includes Cerro Colorado and Spence.

(d) Iron ore production is reported on a wet tonnes basis.

(e) Newman includes Mt Newman Joint Venture and Jimblebar.

(f) Shown on 100% basis. BHP Billiton interest in saleable production is 60%, except Hotazel Manganese Mines which is 44.4%.

(g) Production includes Medium Carbon Ferro Manganese.

(h) Metallurgical coal production is reported on the basis of saleable product. Production figures include some thermal coal.

(i) Shown on 100% basis. BHP Billiton interest in saleable production is 80%.

 

PRODUCTION AND SALES REPORT

QUARTER ENDED

YEAR TO DATE

DEC

MAR

JUN

SEP

DEC

DEC

DEC

2011

2012

2012

2012

2012

2012

2011

PETROLEUM

BHP Billiton attributable production unless otherwise stated.

CRUDE OIL & CONDENSATE ('000 barrels)

Bass Strait

2,190

2,285

2,357

2,569

2,081

4,650

4,717

North West Shelf

1,686

1,671

1,587

1,867

1,829

3,696

3,086

Stybarrow

836

618

635

534

464

998

2,007

Pyrenees

3,207

2,540

2,482

2,605

2,379

4,984

7,108

Other Australia (a)

13

13

13

17

15

32

26

Atlantis (b)

2,390

2,262

39

1,554

2,376

3,930

4,471

Mad Dog (b)

-

-

-

369

906

1,275

-

Shenzi (b)

4,119

4,071

3,607

3,783

4,008

7,791

7,967

Onshore US (c)

1,631

2,202

2,434

2,358

2,658

5,016

2,303

Trinidad/Tobago

466

453

488

376

362

738

932

Other Americas (b) (d)

374

373

348

367

410

777

747

UK

433

328

367

260

355

615

880

Algeria (e)

1,437

1,236

1,291

1,309

1,316

2,625

2,935

Pakistan

84

75

78

68

69

137

169

Total

18,866

18,127

15,726

18,036

19,228

37,264

37,348

NATURAL GAS (billion cubic feet)

Bass Strait

23.65

19.74

31.47

40.06

26.67

66.73

55.53

North West Shelf

32.56

29.60

29.80

35.33

34.09

69.42

65.53

Other Australia (a)

4.56

4.42

4.87

6.20

5.48

11.68

9.01

Atlantis (b)

0.67

1.18

0.01

0.59

0.89

1.48

1.31

Mad Dog (b)

-

-

-

0.06

0.18

0.24

-

Shenzi (b)

0.57

0.56

0.47

2.11

0.94

3.05

1.19

Onshore US (c)

121.63

124.17

124.53

122.59

123.03

245.62

199.22

Trinidad/Tobago

9.72

9.50

9.54

9.21

9.15

18.36

19.03

Other Americas (b) (d)

0.98

1.09

0.79

0.35

0.48

0.83

2.17

UK

5.51

5.03

5.54

3.29

5.26

8.55

9.42

Pakistan

14.64

13.88

14.23

13.06

13.49

26.55

29.43

Total

214.49

209.17

221.25

232.85

219.66

452.51

391.84

NGL ('000 barrels of oil equivalent)

Bass Strait

1,407

1,355

1,738

2,053

1,342

3,395

3,230

North West Shelf

434

421

342

385

354

739

857

Atlantis (b)

123

221

1

54

209

263

243

Mad Dog (b)

-

-

-

16

72

88

-

Shenzi (b)

293

291

244

370

324

694

589

Onshore US (c)

943

1,275

1,388

1,516

1,736

3,252

1,359

Other Americas (b) (d)

34

34

24

17

16

33

75

UK

45

12

21

-

11

11

63

Algeria (e)

83

-

-

-

-

-

302

Total

3,362

3,609

3,758

4,411

4,064

8,475

6,718

TOTAL PETROLEUM PRODUCTS

57.98

56.60

56.36

61.25

59.90

121.15

109.38

(million barrels of oil equivalent) (f)

 

(a) Other Australia includes Minerva.

(b) Gulf of Mexico volumes are net of royalties.

(c) Petrohawk Energy Corporation acquisition completed on 20 August 2011. Onshore US volumes are net of mineral holder royalties.

(d) Other Americas includes Neptune, West Cameron 76, Genesis and Starlifter. West Cameron 76 and Starlifter were divested in May 2012.

(e) Algeria includes ROD and Ohanet. The Ohanet Risk Sharing Contract expired in October 2011.

(f) Total barrels of oil equivalent (boe) conversions are based on 6,000 scf of natural gas equals 1 boe.

(g) Minor restatements across individual conventional fields have been made to September 2012 quarter production numbers, however total quarterly production has not changed.

 

PRODUCTION AND SALES REPORT

QUARTER ENDED

YEAR TO DATE

DEC

MAR

JUN

SEP

DEC

DEC

DEC

2011

2012

2012

2012

2012

2012

2011

ALUMINIUM AND NICKEL

BHP Billiton attributable production and sales unless otherwise stated.

('000 tonnes)

ALUMINA

Saleable production

Worsley, Australia

694

741

730

859

944

1,803

1,446

Alumar, Brazil

307

311

309

311

288

599

615

Total

1,001

1,052

1,039

1,170

1,232

2,402

2,061

Sales

Worsley, Australia

745

713

750

820

916

1,736

1,465

Alumar, Brazil

349

216

356

352

298

650

629

Total

1,094

929

1,106

1,172

1,214

2,386

2,094

ALUMINIUM

Production

Hillside, South Africa

180

144

117

139

166

305

360

Bayside, South Africa

24

26

23

25

25

50

49

Alumar, Brazil

42

42

42

39

39

78

86

Mozal, Mozambique

67

65

66

67

67

134

133

Total

313

277

248

270

297

567

628

Sales

Hillside, South Africa

186

141

126

139

171

310

349

Bayside, South Africa

25

27

21

26

26

52

49

Alumar, Brazil

43

31

45

46

41

87

87

Mozal, Mozambique

85

66

54

58

65

123

145

Total

339

265

246

269

303

572

630

NICKEL

Cerro Matoso, Colombia

Production

12.3

13.4

12.8

13.3

12.4

25.7

22.7

Sales

13.1

13.8

12.9

12.3

13.7

26.0

20.8

Nickel West, Australia

Saleable production

Nickel contained in concentrate

1.8

2.3

2.3

1.3

4.1

5.4

4.4

Nickel contained in finished matte

15.2

10.5

14.2

5.8

7.6

13.4

24.2

Nickel metal

9.1

15.5

13.4

16.6

10.6

27.2

22.2

Nickel production

26.1

28.3

29.9

23.7

22.3

46.0

50.8

Sales

Nickel contained in concentrate

2.6

1.5

3.6

1.6

2.9

4.5

3.8

Nickel contained in finished matte

13.9

10.2

16.7

6.7

7.0

13.7

24.0

Nickel metal

10.9

14.2

15.7

14.2

12.8

27.0

20.3

Nickel sales

27.4

25.9

36.0

22.5

22.7

45.2

48.1

 

PRODUCTION AND SALES REPORT

QUARTER ENDED

YEAR TO DATE

DEC

MAR

JUN

SEP

DEC

DEC

DEC

2011

2012

2012

2012

2012

2012

2011

BASE METALS

BHP Billiton attributable production and sales unless otherwise stated. Metals production is payable metal unless otherwise stated.

Escondida, Chile

Material mined (100%)

('000 tonnes)

96,152

103,321

109,724

102,499

96,938

199,437

165,158

Sulphide ore milled (100%)

('000 tonnes)

18,663

16,449

18,640

16,850

18,796

35,646

30,692

Average copper grade

(%)

0.97%

1.14%

1.37%

1.35%

1.39%

1.37%

0.97%

Production ex mill (100%)

('000 tonnes)

144.3

153.1

211.7

185.2

216.6

401.8

236.2

Production

Payable copper

('000 tonnes)

80.4

87.7

115.8

101.2

120.7

221.9

130.3

Payable gold concentrate

(fine ounces)

14,242

12,732

12,817

9,419

13,877

23,296

25,305

Copper cathode (EW)

('000 tonnes)

43.0

47.4

48.7

41.6

40.8

82.4

75.9

Payable silver concentrate

('000 ounces)

549

481

488

350

481

831

952

Sales

Payable copper

('000 tonnes)

82.1

82.6

113.1

95.7

134.7

230.4

131.3

Payable gold concentrate

(fine ounces)

14,435

11,998

12,683

8,999

11,060

20,059

25,409

Copper cathode (EW)

('000 tonnes)

45.3

44.3

53.4

38.8

46.8

85.6

71.0

Payable silver concentrate

('000 ounces)

558

454

483

324

444

768

962

Pampa Norte, Chile

Cerro Colorado

Material mined

('000 tonnes)

16,792

16,320

16,246

16,067

15,722

31,789

31,528

Ore milled

('000 tonnes)

4,601

4,300

4,388

4,505

4,206

8,711

9,209

Average copper grade

(%)

0.71%

0.72%

0.61%

0.55%

0.66%

0.60%

0.72%

Production

Copper cathode (EW)

('000 tonnes)

23.5

18.7

18.7

17.8

17.9

35.7

46.0

Sales

Copper cathode (EW)

('000 tonnes)

23.8

20.2

19.1

16.1

18.8

34.9

46.2

Spence

Material mined

('000 tonnes)

26,511

29,982

28,594

27,541

25,999

53,540

46,327

Ore milled

('000 tonnes)

4,909

4,279

3,604

3,752

4,161

7,913

8,771

Average copper grade

(%)

1.46%

1.20%

1.28%

1.17%

1.29%

1.23%

1.39%

Production

Copper cathode (EW)

('000 tonnes)

46.5

47.5

43.4

34.9

40.9

75.8

89.4

Sales

Copper cathode (EW)

('000 tonnes)

46.6

44.1

51.3

31.1

42.6

73.7

89.8

Antamina, Peru

Material mined (100%)

('000 tonnes)

38,759

41,474

48,256

54,482

49,246

103,728

82,971

Sulphide ore milled (100%)

('000 tonnes)

9,656

10,162

12,295

12,274

11,752

24,026

19,052

Average head grades

 - Copper

(%)

1.15%

1.10%

1.01%

1.15%

1.16%

1.15%

1.13%

 - Zinc

(%)

0.72%

0.84%

0.80%

0.66%

0.64%

0.65%

0.70%

Production

Payable copper

('000 tonnes)

30.9

30.9

34.9

40.2

39.6

79.8

61.2

Payable zinc

(tonnes)

13,553

16,823

18,208

14,514

12,587

27,101

22,509

Payable silver

('000 ounces)

1,087

1,170

1,043

919

934

1,853

2,059

Payable lead

(tonnes)

205

148

333

260

198

458

307

Payable molybdenum

(tonnes)

766

521

464

454

410

864

1,361

Sales

Payable copper

('000 tonnes)

31.7

30.7

32.7

39.7

42.7

82.4

59.9

Payable zinc

(tonnes)

12,654

13,464

18,174

15,519

17,874

33,393

22,240

Payable silver

('000 ounces)

940

1,114

896

849

1,101

1,950

1,773

Payable lead

(tonnes)

139

200

48

330

597

927

230

Payable molybdenum

(tonnes)

591

669

488

536

381

917

1,140

Cannington, Australia

Material mined

('000 tonnes)

778

756

880

717

817

1,534

1,597

Ore milled

('000 tonnes)

888

778

845

773

793

1,566

1,714

Average head grades

 - Silver

(g/t)

370

367

417

355

317

336

352

 - Lead

(%)

8.8%

8.0%

8.6%

7.6%

7.0%

7.3%

8.4%

 - Zinc

(%)

2.9%

2.7%

2.5%

2.5%

2.9%

2.7%

2.9%

Production

Payable silver

('000 ounces)

9,056

7,836

9,757

7,689

6,949

14,638

16,615

Payable lead

(tonnes)

66,787

53,412

63,334

51,923

45,937

97,860

122,344

Payable zinc

(tonnes)

14,745

12,904

12,540

11,408

13,622

25,030

29,233

Sales

Payable silver

('000 ounces)

8,960

7,081

10,784

8,506

6,694

15,200

15,394

Payable lead

(tonnes)

66,657

49,027

73,400

59,042

46,319

105,361

114,915

Payable zinc

(tonnes)

14,078

10,780

14,399

10,379

16,321

26,700

29,812

Olympic Dam, Australia

Material mined (a)

('000 tonnes)

2,440

2,389

2,629

2,226

2,123

4,349

4,983

Ore milled

('000 tonnes)

2,440

2,195

2,475

2,471

2,435

4,906

4,911

Average copper grade

(%)

2.08%

2.01%

1.86%

1.90%

1.71%

1.81%

2.03%

Average uranium grade

(kg/t)

0.50

0.57

0.55

0.54

0.51

0.53

0.52

Production

Copper cathode (ER)

('000 tonnes)

51.5

45.2

46.0

34.0

30.4

64.4

89.1

Copper cathode (EW)

('000 tonnes)

3.1

2.6

3.8

3.0

3.2

6.2

5.9

Uranium oxide concentrate

(tonnes)

909

896

1,080

1,042

1,014

2,056

1,909

Refined gold

(fine ounces)

29,765

31,952

27,752

23,017

24,215

47,232

58,141

Refined silver

('000 ounces)

211

228

251

207

193

400

428

Sales

Copper cathode (ER)

('000 tonnes)

51.7

44.4

47.8

35.1

33.2

68.3

88.1

Copper cathode (EW)

('000 tonnes)

2.5

3.0

3.1

3.4

2.7

6.1

6.0

Uranium oxide concentrate

(tonnes)

1,126

640

1,252

615

1,343

1,958

2,036

Refined gold

(fine ounces)

24,327

36,832

29,257

20,949

25,227

46,176

53,306

Refined silver

('000 ounces)

155

268

200

265

169

434

444

(a)

Material mined refers to run of mine ore mined and hoisted.

Pinto Valley, US (a)

Production

Payable copper

('000 tonnes)

-

-

-

-

0.5

0.5

-

Copper cathode (EW)

('000 tonnes)

1.4

1.4

1.2

1.2

1.2

2.4

2.8

Sales

Payable copper

('000 tonnes)

-

-

-

-

-

-

-

Copper cathode (EW)

('000 tonnes)

1.2

1.2

1.2

1.2

1.2

2.4

2.9

(a)

Mining operations at Pinto Valley were restarted during the December 2012 quarter.

 

PRODUCTION AND SALES REPORT

QUARTER ENDED

YEAR TO DATE

DEC

MAR

JUN

SEP

DEC

DEC

DEC

2011

2012

2012

2012

2012

2012

2011

DIAMONDS AND SPECIALTY PRODUCTS

BHP Billiton attributable production and sales unless otherwise stated.

DIAMONDS

EKATI(TM) Canada (a)

Ore Processed (100%)

('000 tonnes)

1,090

1,001

1,214

1,042

982

2,024

2,267

Production

('000 carats)

481

433

413

313

295

608

938

 

(a) The sale of the diamonds business was announced on 13 November 2012. The transaction is subject to regulatory approval and completion is expected in the first half of calendar year 2013.

 

PRODUCTION AND SALES REPORT

QUARTER ENDED

YEAR TO DATE

DEC

MAR

JUN

SEP

DEC

DEC

DEC

2011

2012

2012

2012

2012

2012

2011

IRON ORE

BHP Billiton attributable production and sales unless otherwise stated.

('000 tonnes)

IRON ORE (a)

Pilbara, Australia

Production

Newman (b)

13,247

11,789

13,132

11,752

12,809

24,561

26,405

Goldsworthy Joint Venture

334

37

143

432

378

810

588

Area C Joint Venture

10,437

10,343

11,166

10,937

10,245

21,182

20,916

Yandi Joint Venture

14,170

13,063

13,595

13,771

15,954

29,725

26,878

Total (BHP Billiton share)

38,188

35,232

38,036

36,892

39,386

76,278

74,787

Total production (100%)

44,927

41,449

44,748

43,403

46,337

89,740

87,985

Sales

Lump

8,700

8,235

9,100

8,338

9,806

18,144

16,444

Fines

28,406

26,523

28,870

28,718

30,479

59,197

57,717

Total (BHP Billiton share)

37,106

34,758

37,970

37,056

40,285

77,341

74,161

Total sales (100%)

43,654

40,892

44,670

43,595

47,393

90,988

87,248

Samarco, Brazil

Production

2,884

2,711

2,855

2,880

2,804

5,684

5,857

Sales

2,961

2,453

2,778

2,622

3,227

5,849

5,887

 

(a) Iron ore production and sales are reported on a wet tonnes basis.

(b) Newman includes Mt Newman Joint Venture and Jimblebar.

 

PRODUCTION AND SALES REPORT

QUARTER ENDED

YEAR TO DATE

DEC

MAR

JUN

SEP

DEC

DEC

DEC

2011

2012

2012

2012

2012

2012

2011

MANGANESE

BHP Billiton attributable production and sales unless otherwise stated.

('000 tonnes)

MANGANESE ORE

South Africa (a)

Saleable production

808

917

989

858

834

1,692

1,719

Sales

853

871

866

878

808

1,686

1,714

Australia (a)

Saleable production

998

1,123

1,077

1,288

1,283

2,571

2,106

Sales

876

1,115

1,343

1,171

979

2,150

1,970

MANGANESE ALLOY

South Africa (a) (b)

Saleable production

124

81

75

93

91

184

248

Sales

138

122

104

74

112

186

233

Australia (a)

Saleable production

71

57

-

37

62

99

141

Sales

58

57

23

46

52

98

149

 

(a) Shown on 100% basis. BHP Billiton interest in saleable production is 60%, except Hotazel Manganese Mines which is 44.4%.

(b) Production includes Medium Carbon Ferro Manganese.

 

PRODUCTION AND SALES REPORT

QUARTER ENDED

YEAR TO DATE

DEC

MAR

JUN

SEP

DEC

DEC

DEC

2011

2012

2012

2012

2012

2012

2011

METALLURGICAL COAL

BHP Billiton attributable production and sales unless otherwise stated.

('000 tonnes)

METALLURGICAL COAL (a)

Queensland, Australia

Production

BMA

Blackwater

1,122

955

991

1,148

1,588

2,736

2,489

Goonyella

1,375

1,153

1,012

1,535

1,392

2,927

2,838

Peak Downs

992

788

783

1,029

1,151

2,180

1,963

Saraji

900

627

724

773

994

1,767

1,702

Norwich Park (b)

369

248

193

-

-

-

734

Gregory Joint Venture (c)

248

455

402

697

315

1,012

554

BMA total

5,006

4,226

4,105

5,182

5,440

10,622

10,280

BHP Mitsui Coal (d)

South Walker Creek

901

1,040

1,034

1,084

864

1,948

2,007

Poitrel

679

609

627

682

725

1,407

1,376

BHP Mitsui Coal total

1,580

1,649

1,661

1,766

1,589

3,355

3,383

Queensland total

6,586

5,875

5,766

6,948

7,029

13,977

13,663

Sales

Coking coal

4,845

4,522

4,007

4,058

5,561

9,619

9,911

Weak coking coal

1,747

1,595

1,512

1,545

1,820

3,365

3,438

Thermal coal

20

111

90

239

237

476

196

Total

6,612

6,228

5,609

5,842

7,618

13,460

13,545

Illawarra, Australia

Production

1,907

1,462

2,343

1,990

1,859

3,849

4,121

Sales

Coking coal

1,255

1,460

1,845

1,775

1,785

3,560

2,928

Thermal coal

441

219

279

502

327

829

600

Total

1,696

1,679

2,124

2,277

2,112

4,389

3,528

 

(a) Metallurgical coal production is reported on the basis of saleable product. Production figures include some thermal coal.

(b) Norwich Park ceased production on 11 May 2012.

(c) Gregory open-cut ceased production on 10 October 2012.

(d) Shown on 100% basis. BHP Billiton interest in saleable production is 80%.

 

PRODUCTION AND SALES REPORT

QUARTER ENDED

YEAR TO DATE

DEC

MAR

JUN

SEP

DEC

DEC

DEC

2011

2012

2012

2012

2012

2012

2011

ENERGY COAL

BHP Billiton attributable production and sales unless otherwise stated.

('000 tonnes)

South Africa

Production

7,976

7,895

8,313

8,454

7,969

16,423

17,071

Sales

Export

3,546

3,807

3,314

3,385

3,583

6,968

6,985

Local utility

4,582

4,397

4,571

4,869

4,615

9,484

10,204

Inland

165

124

74

38

28

66

250

Total

8,293

8,328

7,959

8,292

8,226

16,518

17,439

New Mexico, US

Production

Navajo Coal

2,060

1,913

1,853

1,804

1,377

3,181

3,238

San Juan Coal

103

196

820

2,067

1,421

3,488

1,392

Total

2,163

2,109

2,673

3,871

2,798

6,669

4,630

Sales - local utility

3,108

3,057

2,773

3,420

3,265

6,685

6,738

NSW Energy Coal, Australia

Production

4,027

4,291

4,393

4,453

4,827

9,280

8,073

Sales

Export

3,566

3,160

4,388

4,488

4,187

8,675

7,089

Inland

333

297

404

250

265

515

958

Total

3,899

3,457

4,792

4,738

4,452

9,190

8,047

Cerrejon Coal, Colombia

Production

2,753

2,953

3,105

2,829

2,662

5,491

5,605

Sales - export

2,784

2,652

2,942

2,630

2,702

5,332

5,685

 

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