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Provides Further Details On F

14th May 2008 07:00

RNS Number : 3823U
BHP Billiton PLC
14 May 2008
 

14 May 2008 Number 18/08

BHP BILLITON PROVIDES FURTHER DETAILS ON ITS FUTURE GROWTH PROFILE

Marius Kloppers, Chief Executive Officer of BHP Billiton, spoke at the Merrill Lynch Global Mining conference in Florida on Tuesday, 13 May 2008 During his presentation, he reviewed BHP Billiton's strategy of focussing on tier 1, low-cost and long-life assets. He also highlighted the Group's scale and diversification as well as its focus on high margin commodities both in its current production profile and future development pipeline.

As part of his speech, he went on to outline BHP Billiton's superior potential for growth relative to Rio Tinto. Over the period between 2007 and 2012, BHP Billiton's compound annual growth rate (CAGR) is expected to be 6.9 per cent on a copper equivalent volume basis. On a comparable basis, Rio Tinto is expected to deliver CAGR of around 6 per cent. More importantly BHP Billiton's growth is driven by higher margin commodities such as petroleum and iron ore.

For further information please refer to Marius Kloppers' presentation at the Merrill Lynch Global Mining conference.

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

Australia

Samantha Evans, Media Relations

Tel: +61 3 9609 2898 Mobile: +61 400 693 915

email: [email protected]

United Kingdom & South Africa

Andre Liebenberg, Investor Relations 

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

email: [email protected]

Leng Lau, Investor Relations

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

email: [email protected]

United States Tracey Whitehead, Investor & Media Relations

Tel: US +1 713 599 6100 or UK +44 20 7802 4031Mobile: +44 7917 648 093

email: [email protected]

Illtud Harri, Media Relations

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

email: [email protected]

BHP Billiton Limited ABN 49 004 028 077 Registered in Australia Registered Office: Level 27, 180 Lonsdale Street Melbourne Victoria 3000 Telephone +61 1300 554 757 Facsimile +61 3 9609 3015

BHP Billiton Plc Registration number 3196209 Registered in England and Wales Registered Office: Neathouse Place London SW1V 1BH United Kingdom Telephone +44 20 7802 4000 Facsimile +44 20 7802 4111

The BHP Billiton Group is headquartered in Australia

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