Slide 1: Form 6-K cover
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 May 28, 2013 BHP BILLITON LIMITED BHP BILLITON PLC (ABN 49 004 028 077) (REG. NO. 3196209) (Exact name of Regi
Slide 2: Release notice for coal briefing and site tour
bhpbilliton bhpbilliton.com cc: The remaining release Victoria Australia New Queensland was 3000 York materials resourcing made BHP Stock BHP Coal outside Billiton will Exchange Billiton visit thebe the future will Plc released hours Plc JSE conclude Registration BHP Neathouse Limited ofonBilliton o
Slide 3: BMA BHP Billiton Coal overview
BMA BHP Billiton Coal overview bhpbilliton resourcing the future Dean Dalla Valle President Coal 29 May 2013
Slide 4: Disclaimer
Disclaimer demand dates; developments. words. predictions expressed described affect production to exploring factors as IFRS performance. EBIT management. GAAP, offer from upon applicable required to publicly as financial margin the capital These discussed which sell afor timing recommendation in or
Slide 5: Disclaimer
Disclaimer Metallurgical www.bhpbilliton.com. are on where 2012 Coal 2,955 and employed 02007 1,214 relevant, 83 fairly 120 2012 bhpbilliton 984 reflects Coal by 33are 2007 58 BHP 0 and contained 658 730 the 2012 Billiton All resourcing D 75 33.3 Coal Lawrence information 75 2007 33.3 in Energy Reso
Slide 6: Program
Program Point Dumbleoverview Coal bhpbilliton briefing, Hay Point resourcing 29 May site visit 2013 the Day future Slide 2:Day Thursday, 4 1: Wednesday, 30 May 2013 29 May BMA 2013 overview BHP Billiton Peak Downs Coal overview site visitMetallurgical Caval Ridge site coalvisit market Dean outlook D
Slide 7: Key themes from our plan
Key themes from plan will our installed deliver bhpbilliton substantial capacity resourcing We growth havethe in taken free future decisive cash A strong flowaction Coal management to briefing, drive costs 29 team May lower with 2013 deep Capital Slide operational expenditure 5 experience will peakC
Slide 8: Operationally experienced leadership team
Operationally Human StephenResources Dumbleexperienced VPMatthew Production leadership Brady New VPteam Mexico, HSECbhpbilliton Hannes BMC, Illawarra van resourcing Rensburg Michael theVP future External Rosengren President Affairs VPCoal Marketing Kym Dean Winter Dalla CoalDewhirst Vicky Valle VP B
Slide 9: Managing material fatality risks
Managing Energy coalmaterial fatalityrisks Jun 08 to eliminate Jun 09 Junfatalities 10 Jun 11is our Jun first 12 Coal priority briefing, bhpbilliton 29 May resourcing 2013 Slide the7 future Total Recordable Injury Frequency (TRIF, 12 month moving average) 10 8 6 4 2 0 TRIF Metallurgical coal fatalit
Slide 10: Committed to ongoing improvement in HSEC performance
Committed respirable Simplify with groups local Support health dust communities to ongoing and our andsilica local safety improvement and Manage buying management governments program workplace in HSEC systems to in effectively the fatigue bhpbilliton Bowen and Control procedures manage Basin resourc
Slide 11: Our business
Our business FY12 Africa Illawarra basis implementation. using Share (BECSA) Coal FY12 ofis100% BHP underpinned Coal 100%3 average Billiton 1.briefing, Coal Singapore prices. production2 by Resources 29 our 3.May Marketing BHP high2013 (100% quality Billiton’s CoalSlide office 21% terms) resource 9e
Slide 12: Our plan will deliver substantial growth in free cash flow
OurMay capacity and 29 returns plan2013 deliver will in deliver Slide thesignificant absence 10substantial ofoperating higher growth prices costinsavings This free cash plan complete flow will substantially bhpbilliton existing capital resourcing increase expenditure free the cash future programs fl
Slide 13: We will maximise installed capacity utilisation
We resourcing •bhpbilliton Metallurgical 0(million 25 50 75 968547100 16 FY10 Projects Queensland FY15e 1. Illawarra Coal Slide 6145A We Our recover complete debottleneck Queensland by Includes substantial will FY15 briefing, will 11 operational FY11 maximise & tonnes latent continue capacity the la
Slide 14: We have taken decisive action to drive costs lower
We resourcing •bhpbilliton 02(US$ 125 375 500 Volume Overheads Operating Exploration Sub-total Metallurgical (P&L) Total (index, Q1 FY12 FY11 FY10 FY09 FY08 100 150 200 250 Q2 Q3 Q4 BMA 1. 2. Coal Slide 52 The Decisive temporary US$0.8 Substantial maximise optimise reduce A$ Controllable FY13 FY13e
Slide 15: Capital expenditure will peak in FY13
Our resourcing •bhpbilliton (US$ Minor Forecast FY15e FY14e FY13e FY12 FY11 FY10 FY091 FY08 0.0 1.0 2.0 3.0 4.0 5.0 Major Note: Exploration 1. Coal Slide Appin We Capital Caval Hay Newcastle Cerrejón Our Saraji productivity capital briefing, will 13 billion) major plan All Point project and Ridge, A
Slide 16: Further simplification of the portfolio
Further resourcing •bhpbilliton Goonyella Coal Slide Assets We Formation temporary New we will briefing, have will 14 Mexico simplification must selectively focus taken Riverside the closure ofearn 29 future non-binding the our decisive May integrated their efforts ofpursue of 2013 high right the ac
Slide 17: Key themes from our plan
Key resourcing •bhpbilliton Coal A We Committed Capital Further Our strong themes briefing, have productivity plan expenditure simplification management taken will theto29 future deliver ongoing decisive May agenda will 2013 substantial team of improvement action peak will the Slide with portfolio i
Slide 18: Metallurgical coal market outlook
Metallurgical Vicky Vice 29 resourcing bhpbilliton May President Binns 2013 thecoal future Marketing market Coal outlook
Slide 19: Key themes: market outlook
Key resourcing •bhpbilliton Coal Slide The We Strong Scrap China Future BHP themes briefing, are 17 market Billiton will has demand steel progressing the become become appears production 29 future coals growth May aan continue towards comfortably significant 2013 increasingly isoutlook expected atom
Slide 20: Seaborne metallurgical coal supply
resourcing bhpbilliton CY12 seaborne (million B 10 20 30 40 50 60 Alpha Teck Rio Mechel Anglo Walter Peabody BHP Xstrata 80 100 (%) 0F Japan, Europe India China Latin Source: Other 1. converted Coal Slide Y09 HP Presented 60 Tinto briefing, Billiton America 18 40 FY10 metallurgical NR American Korea
Slide 21: World crude steel production outlook
resourcing •bhpbilliton Crude 2.7% 15.5% 1,000 2,000 3,000 0.9% Pig (million 1.1% 16.4% 2010-2030 2000-2010 02CAGR 600 1,200 1,800 3.2% -0.2% Rest China Source: Coal Slide 000 Industrialisation Chinese Steel Pig Growth However, iron of briefing, iron 2005 19 has steel production World world BHP prod
Slide 22: China steel and scrap availability
resourcing •bhpbilliton China 1(%) 10 20 30 40 0250 250 500 750 1,000 Steel Scrap Source: Coal Slide ,250 000 Scrap Increased Electric (million briefing, production 2005 20 usage availability ratio scrap availability BHP arc the 2010 to usage availability in tonnes) furnaces Billiton; steel 29 futur
Slide 23: China coking coal imports
China resourcing bhpbilliton coal 2P 200 400 600 800 Pig Domestic Imports 2020e Chinese 0((million 20 40 60 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 (40) Coking Source: Note: Coal Slide 20) 002 ig iron consumption in briefing, 21 Coking iscoke coal BHP production metallurgical coking t
Slide 24: Long-term seaborne metallurgical coal demand
Long-term resourcing •bhpbilliton Source: (million 0B 400 800 1,200 1,600 1.5% 6.2% Global 2010-2030 2000-2010 CAGR China India RoW Coal 2030e 2027e 2024e 2021e 2018e 2015e 2012 2009 2006 2003 2000 Forecast Actual Slide China Global India Rest Limited razilbriefing, 22 developing developed of is met
Slide 25: Metallurgical coal prices and supply response
resourcing bhpbilliton Severe Higher As The In Metallurgical Australia 2010 (million 4(US$/tonne, 20 40 60 80 0C 100 200 300 CY12 US Source: Coal Slide 00 Y08 the 20 aexports industry market US result, briefing, 2011 23 0absence CY09 CY12 production prices (20) BHP remains tonnes tonnes, USA 2012 th
Slide 26: Future seaborne supply growth
Future resourcing bhpbilliton Emerging Unlocking The Slower Australian Source: Note: Metallurgical (million 2010-2015 CAGR 600 2010 Australia Mozambique Mongolia Coal500 recovery growth briefing, 2015e Mongolian supply 7.9% demand BHP tonnes 400 Canada Others supply quality the these 2015-2020 profi
Slide 27: BHP Billiton coal brands
resourcing bhpbilliton (coke BHP 80 Peak Saraji Blend Goonyella Illawarra Hard Semi-hard Gregory Poitrel Blackwater Semi-soft LV MV HV 15 (% Source: 1. Coal BHP 70 17 air low-volatile high-volatile mid-volatile strength volatile briefing, Billiton’s Billiton Downs CCCSR) 60 19 quality dried) Billito
Slide 28: BHP Billiton coal brands
resourcing bhpbilliton BHP (coke 80 15 Peak Illawarra Saraji Hard Goonyella Blend US Prime Gregory Poitrel Semi-hard AUS Blackwater Semi-soft LV MV HV (% Source: 1. Coal BHP 70 17 air low-volatile LV high-volatile mid-volatile strength volatile briefing, Billiton’s Billiton Downs CC and SHCCS Hunter
Slide 29: Index-linked pricing and price discovery
resourcing bhpbilliton Various There Increased Price Pricing More Coking 250 (US$/tonne) Argus Platts Apr Source: Coal 200 12 briefing, indices discovery customers LV 64 SSCC are FOB May ranges coal Platts; price 150 CSR HCC an spot the HCC price 12 FOB increasing 100 are indices 29 Mid-vol future s
Slide 30: Key themes: coal market
Keyare resourcing bhpbilliton Strong Scrap China Future The BHP We Coalmarket themes briefing, Billiton will has demand steel progressing become become the appears production coals 29 future growth May aan continue towards comfortably significant increasingly 2013 isoutlook expected aSlide tomore be
Slide 31: Metallurgical coal financial performance
resourcing bhpbilliton Peak Metallurgical Gideon Vice 29 May President Downs Oberholzer 2013 thecoal future Finance financial Coalperformance
Slide 32: Our financial performance
Our resourcing bhpbilliton Strong US$11.9 US$13.8 14% average Recent The 1. 2. Metallurgical (EBIT, 6(EBIT FY08 060 EBIT (Average Illawarra BMC BMA Coal 4Copper (20) Excluding 40 2opportunity plan of briefing, 0contribution EBIT 65% 16% 20 FY09 margin, financial US$ (2) performance total EBIT billio
Slide 33: Challenging operating environment
resourcing bhpbilliton A severe substantial significant cost persistent We HCC (US$/tonne, 350 Apr 100 Argus Source: Coal challenging number have 300 10 inflation briefing, prices FOB operational Nov Argus. 250 astrength of simple the increase drop HP have 10 FOB) 200 factors driven 29 operating fut
Slide 34: Queensland operating capacity utilisation
resourcing bhpbilliton Queensland Operating aflood BMA 80 100 120 (%) Sep Coal three 60 09 briefing, mitigation capacity 40 year Decchallenges the 09 BMA Coal 29 future utilisation Mar infrastructure May isEnterprise volumes 10 now have 2013 Jun operating has were recently 10 Slide Bargaining recove
Slide 35: Substantial reduction in operating costs
Aulreduction resourcing bhpbilliton aWe the Substantial 0J(full 50 100 150 Targeted FY13e Personnel Consultants Other Coal Maintenance Equipment significant sustainable 12 alignment closure are time briefing, targeting FY13 equivalent, Contract the of reduction inreduction reduction high of contract
Slide 36: Strong progress on unit cost reduction
Strong resourcing bhpbilliton We (AUD, 110 FY12 BMA (index, 250 FY08 1. Coal A$ have 100 150 briefing, per monthly unit Jul FY09 progress index, FY08 90 50 successfully optimised renegotiated delivered tonne 12 cash the 80 FY10 Aug =FY12 29 future 70 absolute costs 100) FOB has May 12 60 FY11 signif
Slide 37: Capital expenditure
resourcing bhpbilliton Capital No Our We Metallurgical (US$ FY08 0.0 1.0 2.0 3.0 4.0 Major Forecast Minor 1. Exploration Coal Saraji new are expenditure capital briefing, billion, FY091 project and ‘long’ expenditure major East sustaining the expenditure BHP acquisition FY10 coal resource 29 future
Slide 38: Our plan will increase free cash flow
Our resourcing bhpbilliton –We Coal increase deliver re-establish substantially have plan briefing, the awill the sustainable the coal substantially our productivity 29 future increase May resources, competitive 2013 reduction freeand increase people cash Slide advantage efficiency in flow 36costs a
Slide 39: Caval Ridge and projects
Caval resourcing bhpbilliton Metallurgical Phil Vice 29 May Hynes President Ridge 2013 theCPP coal future Project projects Development Coal
Slide 40: Our new projects
Ournew resourcing bhpbilliton We No Valuable South Coalhave are capital briefing, Walker committed major successfully options the expenditure Creek 29 future projects provide May toCHPP the completed 2013 are will successful usplanned upgrade Slide with peakasubstantial in 38 number delivery FY13 of
Slide 41: Daunia and Broadmeadow projects
resourcing bhpbilliton 4.5 Extends First Forecast Budget Longwall Daunia Broadmeadow Coalmtpa production briefing, and CHPP ofmine to (100% top US$800 US$450 the ramp-up Broadmeadow coal life 29 future Life stack basis) achieved May and caving million Extension to out increases 2013 greenfield namep
Slide 42: Caval Ridge project
resourcing bhpbilliton Project Resource Caval Peak Mining –Preparation Tailings 1. 2. The 100% Coal budget project aowner As The low Caval Prep briefing, Downs atRidge basis Resource progressing cost fleet 30 filter operated of islife Plan Ridge the April 63% US$1.87 (BHP plant expansion supports wi
Slide 43: Hay Point Stage Three Expansion
resourcing bhpbilliton Hay Project The –Schedule In This HPX3 Tropical 16.5m Highest 11.5m Existing 7.14m New 1. Coal marine As this project Point project trestle briefing, atmarine context, is30 tide trestle Cyclone works is 61% expansion Stage the April scope currently further level construction 2
Slide 44: Appin Area 9 project
resourcing bhpbilliton –Project Two Appin 1. Coal budget project Aslongwall briefing, atArea progressing 30 of isthe April 40% US$845 9 -will sustains domains 29 future shaft complete1, 2013. May have tomillion sinking plan Illawarra 2013 will production largely Slide with (BHPCoal initial 42 Billit
Slide 45: Hay Point: maximising supply chain efficiency
HayMay Stephen Asset 29 resourcing bhpbilliton Point President 2013 Dumble –the maximising future BMA supply chain efficiency
Slide 46: Hay Point Coal Terminal berths
Hayberth resourcing bhpbilliton 3rd Existing New Product Coal Point trestle transfer briefing, stockyards berths trestle Coal thetowers 29 future Terminal May 2013 Slide 44
Slide 47: Hay Point port capacity
resourcing bhpbilliton Dedicated Existing Services –Capacity The Hay Coal 5in-loading stockyard stackers port Point briefing, port eight loads details Coal is shiploading stockyards port the capacity /and 100% capacity reclaimers 29 of future around with Terminal out-loading our May BMA full 1.25 Qu
Slide 48: Leveraging our integrated supply chain
Leveraging resourcing bhpbilliton Capacity BMA BMC Under Mine Abbot Bowen Collinsville Newlands System DBCT Mackay South Hay Goonyella Poitrel Daunia Moranbah Broadmeadow 129 Caval Peak Norwich Dysart Saraji Gregory Emerald Rockhampton Gladstone 0Blackwater Note: Coal 100km mtpa Point briefing, Down
Slide 49: Resourcing the future
resourcing the future bhpbilliton
Slide 50: Signatures
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. BHP Billiton Limited and BHP Billiton Plc Date: May 28, 2013 By: /s/ Jane McAloon Name: Jane McAloon Ti