Edgar Filing: BHP BILLITON LTD

Form 6-K

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

October 22, 2013


BHP BILLITON LIMITED		BHP BILLITON PLC
(ABN 49 004 028 077)		(REG. NO. 3196209)
(Exact name of Registrant as specified in its charter)		(Exact name of Registrant as specified in its charter)


VICTORIA, AUSTRALIA		ENGLAND AND WALES
(Jurisdiction of incorporation or organisation)		(Jurisdiction of incorporation or organisation)

180 LONSDALE STREET, MELBOURNE, VICTORIA 3000 AUSTRALIA		NEATHOUSE PLACE, LONDON, UNITED KINGDOM
(Address of principal executive offices)		(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: x Form 20-F ¨ Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934: ¨ Yes x No

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): n/a


NEWS RELEASE


Release Time		IMMEDIATE

Date		22 October 2013

Number		24/13

BHP BILLITON OPERATIONAL REVIEW

FOR THE QUARTER ENDED 30 SEPTEMBER 2013

•

BHP Billiton maintained strong momentum in the September 2013 quarter as production increased by 11%ⁱ from the prior corresponding period. Optimisation of the Western Australia Iron Ore (WAIO) supply chain continues to unlock substantial value with 2014 financial year production guidance raised to 212 million tonnes (100% basis). Full year production guidance is maintained for Petroleum, Copper and Coal.

•

Total petroleum production for the September 2013 quarter was a record 62.7 million barrels of oil equivalent. A 16% increase in liquids production was underpinned by significant growth in Onshore US volumes, primarily in the Black Hawk, and the start-up of a new production well at Atlantis. An additional Atlantis production well is scheduled for completion in the second half of the 2014 financial year.

•

Queensland Coal continued to benefit from its focus on productivity as it sustained an annualised production rate of 61 million tonnes (100% basis) in the September 2013 quarter.

•

Four major projects delivered first production, including the WAIO Jimblebar Mine Expansion where first production was achieved approximately six months ahead of the original schedule. All other projects are tracking to plan.

•

Our ability to simplify our portfolio and focus on our diversified pillars of Petroleum, Copper, Iron Ore and Coal remains an important point of differentiation. Since the beginning of the 2013 financial year the Group has completed major transactions totalling US$6.5 billion, which includes US$2.2 billion received in the financial year to date.

BHP Billiton Chief Executive Officer, Andrew Mackenzie, said: “Our pursuit of productivity gains and operating excellence is already yielding strong results. There is no better example than in our Iron Ore business, where the deployment of mobile crushing units and the continued debottlenecking of the supply chain has underpinned a five million tonne increase in Western Australia Iron Ore’s production guidance for the 2014 financial year.

“We continue to build on the substantial US$2.7 billion reduction in controllable cash costs delivered in the 2013 financial year with strong momentum maintained in the first quarter. In addition, a 25 per cent reduction in capital and exploration expenditure to US$16 billionⁱⁱ in the 2014 financial year has significantly increased internal competition for capital. Our rate of expenditure will decline again next year and if our investment criteria cannot be met in any one project, product or geography, we will redirect our capital elsewhere or we will not invest.

“Active management of our portfolio has also delivered significant value for our shareholders. In this financial year completed transactions have already delivered proceeds of US$2.2 billion, further strengthening our solid A balance sheet. With strong production growth and our overriding commitment to substantially increase free cash flow, we are well positioned to grow returns to our shareholders.”

ⁱ	Refers to copper equivalent production based on average realised product prices for the 2013 financial year.

ⁱⁱ	Capital and exploration expenditure guidance excludes deferred stripping and refers to BHP Billiton’s equity interest.

Note: Unless specified otherwise: variance analysis relates to the relative performance of BHP Billiton and/or its operations during the September 2013 quarter compared with the September 2012 quarter; all references to production and capital expenditure are BHP Billiton share and reflect the adoption of the new accounting standard (IFRS 10); and all references to project capacity are 100 per cent.

Summary


Production summary	SEP 2013 QTR		SEP Q13 vs SEP Q12			SEP Q13 vs JUN Q13
Total petroleum products (million boe)		62.7		2	%		6	%
Copper (‘000 tonnes)		403.3		6	%		–13	%
Iron ore (‘000 tonnes)		48,848		23	%		2	%
Metallurgical coal (‘000 tonnes)		10,185		14	%		–6	%
Energy coal (‘000 tonnes)		19,639		3	%		6	%
Alumina (‘000 tonnes)		1,251		7	%		–1	%
Aluminium (‘000 tonnes)		310		15	%		0	%
Manganese ore (‘000 tonnes)		2,046		–5	%		–9	%
Manganese alloy (‘000 tonnes)		137		5	%		–25	%
Nickel (‘000 tonnes)		40.4		9	%		0	%

BHP Billiton maintained strong momentum in the September 2013 quarter as production increased by 11 per cent from the prior corresponding period. Optimisation of the WAIO supply chain continues to unlock substantial value with 2014 financial year production guidance raised to 212 million tonnes (100 per cent basis). Full year production guidance is maintained for Petroleum, Copper and Coal.

Our WAIO business achieved another major milestone during the quarter with first production delivered from the Jimblebar Mine Expansion, six months ahead of its original schedule. The ramp up of phase one capacity to 35 million tonnes per annum (mtpa) is expected to be completed by the end of the 2015 financial year. Together with the recent installation of four mobile crushers, this will increase total WAIO supply chain capacity to in excess of 220 mtpa (100 per cent basis). Longer term, a low cost option to expand Jimblebar to 55 mtpa and the broader debottlenecking of the supply chain is expected to underpin capital efficient growth in capacity to approximately 260 mtpa to 270 mtpa (100 per cent basis).

First production was also achieved at Macedon, Bass Strait Turrum and North West Shelf North Rankin B Gas Compression (all Australia). In addition, the Newcastle Third Port Stage 3 project (Australia) achieved mechanical completion. These projects will not be reported in future quarterly reports. The remaining 12 major projects are tracking to plan.

During the September 2013 quarter, BHP Billiton announced an investment of US$3.4 billion (100 per cent basis) to construct a desalination facility which will deliver sustainable water supply to Escondida (Chile) over the long term. In addition, BHP Billiton announced it is investing US$2.6 billion to finish the excavation and lining of the Jansen Potash project (Canada) production and service shafts, and to continue the installation of essential surface infrastructure and utilities. Completion of both shafts is expected during the 2016 calendar year, while the associated works program will extend into the 2017 calendar year.

BHP Billiton’s active program of portfolio simplification has delivered proceeds of US$2.2 billion since the commencement of the 2014 financial year with the completion of the Jimblebar (Australia) and Pinto Valley (US) transactions. In addition, the Group priced a four tranche, US$5.0 billion Global Bond during the September 2013 quarter. The proceeds will be used for general corporate purposes.

The new International Financial Reporting Standard (IFRS) 10 came into effect from 1 July 2013. The application of this accounting standard requires the full consolidation of Escondida, as compared to the proportional consolidation of our 57.5 per cent equity interest which has been applied historically. This report has been prepared on the basis of this new accounting standard and references to BHP Billiton share now include 100 per cent of Escondida. As a consequence, BHP Billiton’s copper production guidance for the 2014 financial year now refers to 1.7 million tonnes, although the Group’s equity interest remains unchanged at 1.2 million tonnes.


BHP Billiton operational review for the quarter ended 30 September 2013		2

Petroleum and Potash

Production


	SEP 2013 QTR		SEP Q13 vs SEP Q12			SEP Q13 vs JUN Q13
Crude oil, condensate and natural gas liquids (‘000 boe)		26,053		16	%		11	%
Natural gas (bcf)		219.66		–6	%		2	%
Total petroleum products (million boe)		62.7		2	%		6	%

Total petroleum production – Total petroleum production for the September 2013 quarter was a record 62.7 million barrels of oil equivalent (BHP Billiton share). Guidance for the 2014 financial year remains unchanged at 250 million barrels of oil equivalent (BHP Billiton share).

Crude oil, condensate and natural gas liquids – A 16 per cent increase in liquids production in the September 2013 quarter was underpinned by significant growth in Onshore US volumes, primarily in the Black Hawk, and the start-up of a new production well at Atlantis (US). An additional Atlantis production well is scheduled for completion in the second half of the 2014 financial year. A significant increase in the number of producing wells in the liquids rich Eagle Ford contributed to a 29 per cent increase in Onshore US liquids production from the June 2013 quarter.

Planned maintenance and new well tie-ins at Pyrenees (Australia) are expected to impact conventional liquids production during the December 2013 quarter with the floating production storage and off-take (FPSO) facility offline for approximately one month. These additional production wells will mitigate natural field decline in the second half of the 2014 financial year.

Natural gas – Natural gas production declined by six per cent in the September 2013 quarter. The successful delivery of first gas from the Macedon project in August 2013 only partially offset softer seasonal demand at Bass Strait and lower production at Haynesville (US), following our deliberate decision to prioritise Onshore US development drilling in the liquids rich Black Hawk region of the Eagle Ford.

Projects

Project and ownership

Capital
expenditure
(US$m)

Initial
production
target date

Capacity

Progress

Macedon (Australia)

71.43% (operator)

1,050

CY13

200 million cubic feet of gas per day.

First gas sales achieved in August 2013. The overall project is 100% complete.

Bass Strait Turrum (Australia)

50% (non-operator)

1,350

CY13

ⁱⁱⁱ

11,000 barrels of condensate per day and processing capacity of 200 million cubic feet of gas per day.

On revised schedule and budget for remaining scope. First gas achieved in June 2013. The overall project is 91% complete.

North West Shelf North Rankin B Gas Compression (Australia)

16.67% (non-operator)

850

CY13

2,500 million cubic feet of gas per day.

On budget. First production achieved in early October 2013. The overall project is 99% complete.

ⁱⁱⁱ	Initial production through the Turrum facilities is low CO2 gas. Additional high CO2 gas production from the Turrum reservoir will come online with completion of the Longford Gas Conditioning Plant in the 2016 calendar year.


BHP Billiton operational review for the quarter ended 30 September 2013		3

Project and ownership

Capital
expenditure
(US$m)

Initial
production
target date

Capacity

Progress

North West Shelf Greater Western Flank-A (Australia)

16.67% (non-operator)

400

CY16

To maintain LNG plant throughput from the North West Shelf operations.

On schedule and budget. The overall project is 60% complete.

Bass Strait Longford Gas Conditioning Plant (Australia)

50% (non-operator)

520

CY16

Designed to process approximately 400 million cubic feet per day of high CO2 gas.

On schedule and budget. The overall project is 20% complete.

Onshore US drilling and development expenditure totalled US$1.3 billion in the September 2013 quarter. The Company’s rig count declined from 40 to 27 during the period which will result in lower expenditure in subsequent quarters. Approximately 75 per cent of drilling activity occurred in the Eagle Ford, with the majority focused on our liquids rich Black Hawk acreage. The optimisation of our dry gas program and the associated termination of rig contracts is expected to result in a charge of approximately US$100 million in the 2014 financial year, with the large majority to be booked in the first half. Guidance for Onshore US drilling and development expenditure remains unchanged at US$3.9 billion for the 2014 financial year.

Petroleum exploration

Exploration and appraisal wells drilled during the quarter or in the process of drilling as at 30 September 2013.


Well	Location	BHP Billiton equity	Status
Raptor-1/ST-1	Gulf of Mexico DC535	50% (Anadarko operator)	Plugged and abandoned Hydrocarbons encountered
Sake	Gulf of Mexico DC726	60% (Operator)	Plugged and abandoned Dry hole

Petroleum exploration expenditure for the September 2013 quarter was US$205 million, of which US$64 million was expensed. A US$600 million exploration program, largely focused on the Gulf of Mexico (US) and Western Australia, is planned for the 2014 financial year.

Potash

Project and ownership

Investment
(US$m)

Scope

Progress

Jansen Potash (Canada)

100%

2,600

Investment to finish the excavation and lining of the production and service shafts, and to continue the installation of essential surface infrastructure and utilities.

Approval announced. See news release dated 20 August 2013.


BHP Billiton operational review for the quarter ended 30 September 2013		4

Copper

Production


	SEP 2013 QTR		SEP Q13 vs SEP Q12			SEP Q13 vs JUN Q13
Copper (‘000 tonnes)		403.3		6	%		–13	%
Lead (tonnes)		46,445		–11	%		–31	%
Zinc (tonnes)		28,555		10	%		–38	%
Silver (‘000 ounces)		8,688		–8	%		–25	%
Uranium oxide concentrate (Uranium) (tonnes)		970		–6	%		–12	%

Copper – Copper production increased by six per cent in the September 2013 quarter to 403 thousand tonnes (BHP Billiton share). The application of IFRS 10 requires the full consolidation of Escondida, as compared to the proportional consolidation of our 57.5 per cent equity interest which has been applied historically. This report has been prepared on the basis of this new accounting standard and references to BHP Billiton share now include 100 per cent of Escondida. As a consequence, BHP Billiton’s copper production guidance for the 2014 financial year now refers to 1.7 million tonnes, although the Group’s equity interest remains unchanged at 1.2 million tonnes.

Escondida copper production increased by 12 per cent in the September 2013 quarter to 278 thousand tonnes (100 per cent basis) as milling rates improved. An eight per cent reduction from the June 2013 quarter, however, reflected planned maintenance, industrial action and lower copper ore grades, consistent with the mine plan. Escondida remains on track to produce approximately 1.1 million tonnes (100 per cent basis) of copper in the 2014 financial year before increasing to approximately 1.3 million tonnes (100 per cent basis) in the 2015 financial year.

As anticipated, Pampa Norte (Chile) copper production declined by 33 per cent from the June 2013 quarter primarily as a result of lower ore grades and recoveries at Spence. Production at Spence is expected to recover strongly in the second half of the 2014 financial year.

Antamina (Peru) achieved record copper production in the September 2013 quarter which reflected continued strong mill throughput and higher ore grades as mining progressed through a copper rich ore zone. Copper production at Antamina will be affected by lower ore grades in the second half of the 2014 financial year, consistent with the mine plan.

Olympic Dam (Australia) copper production was affected by smelter reliability issues during the September 2013 quarter. A maintenance outage scheduled for the March 2014 quarter will address smelter performance. Copper production at Olympic Dam for the 2014 financial year is expected to be in line with the prior year.

On 11 October 2013, BHP Billiton completed the sale of its Pinto Valley (US) mining operation and the associated San Manuel Arizona Railroad Company to Capstone Mining Corp. for US$650 million, subject to customary working capital adjustments.

Lead/silver – Lead and silver production decreased by 31 per cent and 25 per cent, respectively, from the June 2013 quarter as lower average ore grades affected performance at Cannington (Australia).

Zinc – Zinc production decreased by 38 per cent from the June 2013 quarter, driven by lower average zinc ore grades at Cannington and Antamina.

Uranium – Uranium production decreased by 12 per cent from the June 2013 quarter as a result of lower average uranium ore grades and planned maintenance at Olympic Dam.


BHP Billiton operational review for the quarter ended 30 September 2013		5

Projects

Project and ownership

Capital
expenditure
(US$m)

Initial
production
target date

Capacity

Progress

Escondida Oxide Leach Area Project (Chile)

57.5%

721

^iv

H1 CY14

New dynamic leaching pad and mineral handling system. Maintains oxide leaching capacity.

On schedule and budget. The overall project is 76% complete.

Escondida Organic Growth Project 1 (Chile)

57.5%

3,838

^iv

H1 CY15

Replaces the Los Colorados concentrator with a new 152,000 tonnes per day plant.

On schedule and budget. The overall project is 51% complete.

Escondida Water Supply (Chile)

57.5%

3,430

^iv

CY17

New desalination facility to ensure continued water supply to Escondida.

Approval announced. See news release dated 25 July 2013.

^iv	Following the application of IFRS 10 from 1 July 2013, references to BHP Billiton share include 100 per cent of Escondida.


BHP Billiton operational review for the quarter ended 30 September 2013		6

Iron Ore

Production


	SEP 2013 QTR		SEP Q13 vs SEP Q12			SEP Q13 vs JUN Q13
Iron ore (‘000 tonnes)		48,848		23	%		2	%

Iron ore – Iron ore production increased by 23 per cent in the September 2013 quarter to 49 million tonnes (BHP Billiton share).

WAIO achieved record production of 54 million tonnes (100 per cent basis) for the September 2013 quarter. Continued strong operating performance across the supply chain and the successful delivery of first production from the Jimblebar mine, ahead of schedule, contributed to the record result. The ramp up of phase one capacity at Jimblebar to 35 mtpa is expected to be completed by the end of the 2015 financial year.

The optimisation of the supply chain in the Pilbara continues to unlock substantial value and WAIO is now expected to produce 212 million tonnes (100 per cent basis) in the 2014 financial year, a five million tonne increase on prior guidance. Longer term, a low cost option to expand Jimblebar to 55 mtpa and the broader debottlenecking of the supply chain is expected to underpin further capital efficient growth in capacity to approximately 260 mtpa to 270 mtpa (100 per cent basis).

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

Total iron ore production for the 2014 financial year, which includes Samarco, is now expected to increase to 192 million tonnes (BHP Billiton share).

Projects

Project and ownership

Capital
expenditure
(US$m)

Initial
production
target date

Capacity

Progress

WAIO Jimblebar Mine Expansion (Australia)

85%

3,220

Q4 CY13

Increases mining and processing capacity to 35 million tonnes per annum with incremental debottlenecking opportunities to 55 million tonnes per annum.

First production achieved in Q3 CY13, ahead of schedule and on revised budget. The overall project is 96% complete.

WAIO Port Blending and Rail Yard Facilities (Australia)

85%

1,000

H2 CY14

Optimises resource and enhances efficiency across the WAIO supply chain.

On schedule and budget on the basis of the revised scope. The overall project is 93% complete.

Samarco Fourth Pellet Plant (Brazil)

50%

1,750

H1 CY14

Increases iron ore pellet production capacity by 8.3 million tonnes per annum to 30.5 million tonnes per annum.

On schedule and budget. The overall project is 95% complete.

^v	Excludes announced pre-commitment funding.


BHP Billiton operational review for the quarter ended 30 September 2013		7

Coal

Production


	SEP 2013 QTR		SEP Q13 vs SEP Q12			SEP Q13 vs JUN Q13
Metallurgical coal (‘000 tonnes)		10,185		14	%		–6	%
Energy coal (‘000 tonnes)		19,639		3	%		6	%

Metallurgical coal – Metallurgical coal production increased by 14 per cent in the September 2013 quarter to 10 million tonnes (BHP Billiton share).

Queensland Coal (Australia) continued to run at full supply chain capacity during the period with annualised production of 61 million tonnes (100 per cent basis). This strong result was underpinned by the continued ramp up of Daunia, record quarterly production at South Walker Creek and improved Coal Preparation Plant performance at Blackwater and Saraji. This was partially offset by a planned longwall move at Crinum and scheduled Coal Preparation Plant maintenance at Goonyella Riverside and Peak Downs.

Illawarra Coal (Australia) production decreased by 39 per cent from the June 2013 quarter and reflected an extended outage at Dendrobium and a scheduled longwall move at West Cliff. Despite a roof fall at Dendrobium in October 2013, production is expected to improve in the December 2013 quarter, with total Illawarra Coal production weighted towards the second half of the 2014 financial year.

Total metallurgical coal production guidance for the 2014 financial year remains unchanged at 41 million tonnes (BHP Billiton share).

Energy coal – Energy coal production increased by three per cent in the September 2013 quarter to 20 million tonnes (BHP Billiton share). Record quarterly production at both New South Wales Energy Coal (Australia) and Cerrejon Coal (Colombia) contributed to the strong result.

Total energy coal production guidance for the 2014 financial year remains unchanged at 73 million tonnes (BHP Billiton share).


BHP Billiton operational review for the quarter ended 30 September 2013		8

Projects

Project and ownership

Capital
expenditure
(US$m)

Initial
production
target date

Capacity

Progress

Cerrejon P40 Project (Colombia)

33.3%

437

CY13

Increases saleable thermal coal production by 8 million tonnes per annum to approximately 40 million tonnes per annum.

On schedule and budget. The overall project is 79% complete.

Newcastle Third Port Project Stage 3 (Australia)

35.5%

367

CY14

Increases total coal terminal capacity from 53 million tonnes per annum to 66 million tonnes per annum.

First coal was loaded in Q2 CY13 and mechanical completion was achieved in Q3 CY13, ahead of schedule and on budget. The overall project is 76% complete.

Caval Ridge (Australia)

50%

1,870

^vi

CY14

Greenfield mine development to produce an initial 5.5 million tonnes per annum of export metallurgical coal.

On schedule and budget. The overall project is 86% complete.

Hay Point Stage Three Expansion (Australia)

50%

1,505

^vi

CY15

Increases port capacity from 44 million tonnes per annum to 55 million tonnes per annum and reduces storm vulnerability.

On revised schedule and budget. The overall project is 72% complete.

Appin Area 9 (Australia)

100%

845

CY16

Maintains Illawarra Coal’s production capacity with a replacement mining domain and capacity to produce 3.5 million tonnes per annum of metallurgical coal.

On schedule and budget. The overall project is 51% complete.

^vi	Excludes announced pre-commitment funding.


BHP Billiton operational review for the quarter ended 30 September 2013		9

Aluminium, Manganese and Nickel

Production


	SEP 2013 QTR		SEP Q13 vs SEP Q12			SEP Q13 vs JUN Q13
Alumina (‘000 tonnes)		1,251		7	%		–1	%
Aluminium (‘000 tonnes)		310		15	%		0	%
Manganese ore (‘000 tonnes)		2,046		–5	%		–9	%
Manganese alloy (‘000 tonnes)		137		5	%		–25	%
Nickel (‘000 tonnes)		40.4		9	%		0	%

Alumina – Alumina production increased by seven per cent in the September 2013 quarter to 1.3 million tonnes (BHP Billiton share) as the Efficiency and Growth project at Worsley (Australia) approached nameplate capacity.

Aluminium – Aluminium production increased by 15 per cent in the September 2013 quarter to 310 thousand tonnes (BHP Billiton share). Production benefited from strong operating performance at our Southern African smelters which included a second consecutive quarterly production record at Hillside (South Africa).

Manganese ore – Manganese ore production decreased during the September 2013 quarter due to a planned shutdown at Hotazel (South Africa) and lower recoveries at GEMCO (Australia).

Manganese alloy – Manganese alloy volumes increased by five per cent from the September 2012 quarter which was affected by the temporary suspension of operations at TEMCO (Australia). Planned maintenance at Metalloys (South Africa) and TEMCO contributed to the 25 per cent decline in manganese alloy volumes from the June 2013 quarter.

Nickel – Nickel production increased by nine per cent in the September 2013 quarter to 40 thousand tonnes (BHP Billiton share) and reflected strong operating performance at Nickel West (Australia).


BHP Billiton operational review for the quarter ended 30 September 2013		10

Minerals exploration

Greenfield minerals exploration is focused on advancing copper targets within Chile and Peru. Minerals exploration expenditure in the September 2013 quarter was US$115 million, of which US$105 million was expensed^vii.

This report represents the Interim Management Statement for the purposes of the UK Listing Authority’s Disclosure and Transparency Rules. There have been no significant changes in the financial position of the Group in the quarter ended 30 September 2013.

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


Media Relations		Investor Relations

Australia		Australia

Emily Perry		James Agar
Tel: +61 3 9609 2800 Mobile: +61 477 325 803		Tel: +61 3 9609 2222 Mobile: +61 467 807 064
email: Emily.Perry@bhpbilliton.com		email: James.Agar@bhpbilliton.com

Fiona Hadley		Andrew Gunn
Tel: +61 3 9609 2211 Mobile: +61 427 777 908		Tel: +61 3 9609 3575 Mobile: +61 402 087 354
email: Fiona.Hadley@bhpbilliton.com		email: Andrew.Gunn@bhpbilliton.com

Eleanor Nichols		United Kingdom and South Africa
Tel: +61 3 9609 2360 Mobile: +61 407 064 748 email: Eleanor.Nichols@bhpbilliton.com		Tara Dines
		Tel: +44 20 7802 7113 Mobile: +44 7825 342 232
United Kingdom		email: Tara.Dines@bhpbilliton.com

Ruban Yogarajah		Americas
Tel: +44 20 7802 4033 Mobile: +44 7827 082 022 email: Ruban.Yogarajah@bhpbilliton.com		James Agar
		Tel: +61 3 9609 2222 Mobile: +61 467 807 064
Jennifer White		email: James.Agar@bhpbilliton.com
Tel: +44 20 7802 7462 Mobile: +44 7827 253 764 email: Jennifer.White@bhpbilliton.com		Matt Chism
		Tel: +1 713 599 6158 Mobile: +1 281 782 2238
Americas		email: Matt.E.Chism@bhpbilliton.com

Jaryl Strong
Tel: +1 713 499 5548 Mobile: +1 281 222 6627 email: Jaryl.Strong@bhpbilliton.com


BHP Billiton Limited ABN 49 004 028 077		BHP Billiton Plc Registration number 3196209
Registered in Australia		Registered in England and Wales
Registered Office: Level 16, 171 Collins Street		Registered Office: Neathouse Place
Melbourne Victoria 3000 Australia		London SW1V 1BH United Kingdom
Tel +61 1300 55 4757 Fax +61 3 9609 3015		Tel +44 20 7802 4000 Fax +44 20 7802 4111

Members of the BHP Billiton Group which is headquartered in Australia

^vii	Reported on the basis of IFRS 10 which requires the full consolidation of Escondida, as compared to the proportional consolidation of our 57.5 per cent equity interest which has been applied historically.


BHP Billiton operational review for the quarter ended 30 September 2013		11

BHP BILLITON PRODUCTION SUMMARY


		QUARTER ENDED						YEAR TO DATE				% CHANGE
		SEP 2012		JUN 2013		SEP 2013		SEP 2013		SEP 2012		SEP Q13 vs SEP Q12			SEP Q13 vs JUN Q13

Petroleum
Crude oil & condensate	(‘000 bbl)		18,036		18,559		20,421		20,421		18,036		13	%		10	%
Natural gas	(bcf)		232.85		214.49		219.66		219.66		232.85		–6	%		2	%
NGL	(‘000 boe)		4,411		4,882		5,632		5,632		4,411		28	%		15	%
Total petroleum products	(million boe)		61.3		59.2		62.7		62.7		61.3		2	%		6	%

Copper
Copper	(‘000 tonnes)		379.4		461.7		403.3		403.3		379.4		6	%		–13	%
Lead	(tonnes)		52,183		67,034		46,445		46,445		52,183		–11	%		–31	%
Zinc	(tonnes)		25,922		45,881		28,555		28,555		25,922		10	%		–38	%
Gold	(ounces)		39,968		56,070		45,045		45,045		39,968		13	%		–20	%
Silver	(‘000 ounces)		9,446		11,602		8,688		8,688		9,446		–8	%		–25	%
Uranium oxide concentrate	(tonnes)		1,030		1,105		970		970		1,030		–6	%		–12	%
Molybdenum	(tonnes)		454		376		458		458		454		1	%		22	%

Iron Ore
Iron ore	(‘000 tonnes)		39,772		47,689		48,848		48,848		39,772		23	%		2	%

Coal
Metallurgical coal	(‘000 tonnes)		8,938		10,858		10,185		10,185		8,938		14	%		–6	%
Energy coal	(‘000 tonnes)		19,144		18,561		19,639		19,639		19,144		3	%		6	%

Aluminium, Manganese and Nickel
Alumina	(‘000 tonnes)		1,170		1,265		1,251		1,251		1,170		7	%		–1	%
Aluminium	(‘000 tonnes)		269		310		310		310		269		15	%		0	%
Manganese ore	(‘000 tonnes)		2,146		2,246		2,046		2,046		2,146		–5	%		–9	%
Manganese alloy	(‘000 tonnes)		130		182		137		137		130		5	%		–25	%
Nickel	(‘000 tonnes)		37.0		40.3		40.4		40.4		37.0		9	%		0	%

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


BHP Billiton operational review for the quarter ended 30 September 2013		Page 12

BHP BILLITON ATTRIBUTABLE PRODUCTION


				QUARTER ENDED										YEAR TO DATE
	BHP Billiton interest			SEP 2012		DEC 2012		MAR 2013		JUN 2013		SEP 2013		SEP 2013		SEP 2012

Petroleum
Production
Crude oil and condensate (‘000 bbl)					18,036		19,228		16,689		18,559		20,421		20,421		18,036
Natural gas (bcf)					232.85		219.66		207.27		214.49		219.66		219.66		232.85
NGL (‘000 boe) (a)					4,411		4,064		4,182		4,882		5,632		5,632		4,411

Total petroleum products (million boe)					61.3		59.9		55.4		59.2		62.7		62.7		61.3


Copper (b)
Copper
Payable metal in concentrate (‘000 tonnes)
Escondida (c)		57.5	%		176.0		209.9		222.6		223.0		205.1		205.1		176.0
Antamina		33.8	%		40.2		39.6		25.2		34.7		41.9		41.9		40.2
Pinto Valley		100	%		—		0.5		5.3		10.8		10.9		10.9		—

Total					216.2		250.0		253.1		268.5		257.9		257.9		216.2


Cathode (‘000 tonnes)
Escondida (c)		57.5	%		72.3		71.0		75.3		79.3		73.2		73.2		72.3
Pampa Norte (d)		100	%		52.7		58.8		56.4		64.7		43.5		43.5		52.7
Pinto Valley		100	%		1.2		1.2		1.2		1.3		0.8		0.8		1.2
Olympic Dam		100	%		37.0		33.6		47.7		47.9		27.9		27.9		37.0

Total					163.2		164.6		180.6		193.2		145.4		145.4		163.2

Total Copper					379.4		414.6		433.7		461.7		403.3		403.3		379.4


Lead
Payable metal in concentrate (tonnes)
Cannington		100	%		51,923		45,937		48,899		66,666		46,287		46,287		51,923
Antamina		33.8	%		260		198		181		368		158		158		260

Total					52,183		46,135		49,080		67,034		46,445		46,445		52,183


Zinc
Payable metal in concentrate (tonnes)
Cannington		100	%		11,408		13,622		11,045		20,206		16,033		16,033		11,408
Antamina		33.8	%		14,514		12,587		19,148		25,675		12,522		12,522		14,514

Total					25,922		26,209		30,193		45,881		28,555		28,555		25,922


Gold
Payable metal in concentrate (ounces)
Escondida (c)		57.5	%		16,951		18,359		18,626		17,593		17,347		17,347		16,951
Olympic Dam (refined gold)		100	%		23,017		24,215		27,531		38,477		27,649		27,649		23,017
Pinto Valley		100	%		—		—		—		—		49		49		—

Total					39,968		42,574		46,157		56,070		45,045		45,045		39,968


Silver
Payable metal in concentrate (‘000 ounces)
Escondida (c)		57.5	%		631		696		743		890		891		891		631
Antamina		33.8	%		919		934		802		1,297		1,205		1,205		919
Cannington		100	%		7,689		6,949		7,323		9,101		6,361		6,361		7,689
Olympic Dam (refined silver)		100	%		207		193		214		266		190		190		207
Pinto Valley		100	%		—		—		11		48		41		41		—

Total					9,446		8,772		9,093		11,602		8,688		8,688		9,446


Uranium Oxide Concentrate
Payable metal in concentrate (tonnes)
Olympic Dam		100	%		1,030		1,005		926		1,105		970		970		1,030

Total					1,030		1,005		926		1,105		970		970		1,030


Molybdenum
Payable metal in concentrate (tonnes)
Antamina		33.8	%		454		410		321		376		458		458		454

Total					454		410		321		376		458		458		454

Refer footnotes on page 15.


BHP Billiton operational review for the quarter ended 30 September 2013		Page 13

BHP BILLITON ATTRIBUTABLE PRODUCTION


				QUARTER ENDED										YEAR TO DATE
	BHP Billiton interest			SEP 2012		DEC 2012		MAR 2013		JUN 2013		SEP 2013		SEP 2013		SEP 2012

Iron Ore
Production (‘000 tonnes) (e)
Newman (f)		85	%		11,752		12,809		13,028		15,408		15,362		15,362		11,752
Goldsworthy Joint Venture		85	%		432		378		296		—		202		202		432
Area C Joint Venture		85	%		10,937		10,245		10,983		12,552		11,814		11,814		10,937
Yandi Joint Venture		85	%		13,771		15,954		13,302		17,027		18,146		18,146		13,771
Jimblebar		85	%		—		—		—		—		595		595		—
Samarco		50	%		2,880		2,804		2,596		2,702		2,729		2,729		2,880

Total					39,772		42,190		40,205		47,689		48,848		48,848		39,772


Coal
Metallurgical Coal
Production (‘000 tonnes) (g)
BMA		50	%		5,182		5,440		5,327		6,696		6,705		6,705		5,182
BHP Mitsui Coal (h)		80	%		1,766		1,589		1,862		1,846		2,057		2,057		1,766
Illawarra		100	%		1,990		1,859		1,777		2,316		1,423		1,423		1,990

Total					8,938		8,888		8,966		10,858		10,185		10,185		8,938


Energy Coal
Production (‘000 tonnes)
South Africa (i)		90	%		8,454		7,969		7,302		7,902		7,937		7,937		8,454
USA		100	%		3,408		3,280		3,351		2,752		3,145		3,145		3,408
Australia		100	%		4,453		4,827		3,837		4,893		5,372		5,372		4,453
Colombia		33	%		2,829		2,662		1,512		3,014		3,185		3,185		2,829

Total					19,144		18,738		16,002		18,561		19,639		19,639		19,144


Aluminium, Manganese and Nickel
Alumina
Saleable production (‘000 tonnes)
Worsley		86	%		859		944		911		961		946		946		859
Alumar		36	%		311		288		302		304		305		305		311

Total					1,170		1,232		1,213		1,265		1,251		1,251		1,170


Aluminium
Production (‘000 tonnes)
Hillside		100	%		139		167		178		181		184		184		139
Bayside		100	%		24		24		24		24		24		24		24
Alumar		40	%		39		39		37		39		35		35		39
Mozal		47	%		67		67		64		66		67		67		67

Total					269		297		303		310		310		310		269


Manganese Ores
Saleable production (‘000 tonnes)
South Africa (j)		44.4	%		858		834		859		939		864		864		858
Australia (j)		60	%		1,288		1,283		1,149		1,307		1,182		1,182		1,288

Total					2,146		2,117		2,008		2,246		2,046		2,046		2,146


Manganese Alloys
Saleable production (‘000 tonnes)
South Africa (j) (k)		60	%		93		91		86		104		86		86		93
Australia (j)		60	%		37		62		57		78		51		51		37

Total					130		153		143		182		137		137		130


Nickel
Saleable production (‘000 tonnes)
Cerro Matoso		99.9	%		13.3		12.4		12.3		12.8		12.0		12.0		13.3
Nickel West		100	%		23.7		22.3		29.8		27.5		28.4		28.4		23.7

Total					37.0		34.7		42.1		40.3		40.4		40.4		37.0

Refer footnotes on page 15.


BHP Billiton operational review for the quarter ended 30 September 2013		Page 14

BHP BILLITON ATTRIBUTABLE PRODUCTION

(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)	Shown on 100% basis following the application of the new IFRS 10 which came into effect from 1 July 2013. BHP Billiton interest in saleable production is 57.5%.

(d)	Includes Cerro Colorado and Spence.

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

(f)	Newman includes Mt Newman Joint Venture and Wheelarra.

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

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

(i)	Shown on 100% basis. BHP Billiton interest in saleable production is 90%.

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

(k)	Production includes Medium Carbon Ferro Manganese.


BHP Billiton operational review for the quarter ended 30 September 2013		Page 15

PRODUCTION AND SALES REPORT


	QUARTER ENDED										YEAR TO DATE
	SEP		DEC		MAR		JUN		SEP		SEP		SEP
	2012		2012		2013		2013		2013		2013		2012

Petroleum
BHP Billiton attributable production unless otherwise stated.

Crude oil and condensate (‘000 barrels)
Bass Strait		2,569		2,081		1,934		2,229		2,247		2,247		2,569
North West Shelf		1,867		1,829		1,526		1,646		1,865		1,865		1,867
Stybarrow		534		464		323		401		348		348		534
Pyrenees		2,605		2,379		1,659		1,817		1,707		1,707		2,605
Other Australia (a)		17		15		15		12		14		14		17
Atlantis (b)		1,554		2,376		1,471		2,594		2,953		2,953		1,554
Mad Dog (b)		369		906		791		649		732		732		369
Shenzi (b)		3,783		4,008		3,580		3,378		3,467		3,467		3,783
Onshore US (c)		2,358		2,658		3,071		3,614		5,044		5,044		2,358
Trinidad/Tobago		376		362		331		259		320		320		376
Other Americas (b) (d)		367		410		384		403		378		378		367
UK (e)		260		355		326		282		142		142		260
Algeria		1,309		1,316		1,207		1,210		1,142		1,142		1,309
Pakistan		68		69		71		65		62		62		68

Total		18,036		19,228		16,689		18,559		20,421		20,421		18,036


Natural gas (billion cubic feet)
Bass Strait		40.06		26.67		23.38		33.63		34.20		34.20		40.06
North West Shelf		35.33		34.09		31.29		30.29		34.18		34.18		35.33
Other Australia (a)		6.20		5.48		5.17		4.54		9.32		9.32		6.20
Atlantis (b)		0.59		0.89		0.54		0.83		1.26		1.26		0.59
Mad Dog (b)		0.06		0.18		0.15		0.05		0.11		0.11		0.06
Shenzi (b)		2.11		0.94		0.81		0.78		0.80		0.80		2.11
Onshore US (c)		122.59		123.03		115.69		118.08		114.89		114.89		122.59
Trinidad/Tobago		9.21		9.15		8.84		9.07		9.90		9.90		9.21
Other Americas (b) (d)		0.35		0.48		0.59		0.29		0.27		0.27		0.35
UK (e)		3.29		5.26		6.44		4.09		3.47		3.47		3.29
Pakistan		13.06		13.49		14.37		12.84		11.26		11.26		13.06

Total		232.85		219.66		207.27		214.49		219.66		219.66		232.85


NGL (‘000 barrels of oil equivalent)
Bass Strait		2,053		1,342		1,405		1,753		2,001		2,001		2,053
North West Shelf		385		354		323		312		399		399		385
Atlantis (b)		54		209		96		200		255		255		54
Mad Dog (b)		16		72		55		—		38		38		16
Shenzi (b)		370		324		269		224		266		266		370
Onshore US (c)		1,516		1,736		2,004		2,375		2,656		2,656		1,516
Other Americas (b) (d)		17		16		13		9		11		11		17
UK (e)		—		11		17		9		6		6		—

Total		4,411		4,064		4,182		4,882		5,632		5,632		4,411



Total Petroleum Products		61.3		59.9		55.4		59.2		62.7		62.7		61.3

(million barrels of oil equivalent) (f)

(a)	Other Australia includes Minerva and Macedon. Macedon achieved first production in August 2013.

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

(c)	Onshore US volumes are net of mineral holder royalties.

(d)	Other Americas includes Neptune, Genesis and Overriding Royalty Interest.

(e)	An agreement to sell Liverpool Bay was reached in October 2013 and the transaction is expected to close before the end of the 2014 financial year.

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


BHP Billiton operational review for the quarter ended 30 September 2013		Page 16

PRODUCTION AND SALES REPORT

QUARTER ENDED

YEAR TO DATE

SEP

DEC

MAR

JUN

SEP

SEP

2012

2013

2013

2012

Copper

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

Escondida, Chile (a)

Material mined

(‘000 tonnes)

102,499

96,938

94,567

98,665

93,744

102,499

Sulphide ore milled

(‘000 tonnes)

16,850

18,796

18,964

19,295

18,276

16,850

Average copper grade

(%)

1.35

1.39

1.44

1.42

1.37

1.35

Production ex mill

(‘000 tonnes)

185.2

216.6

229.3

231.9

210.6

185.2

Production

Payable copper

(‘000 tonnes)

176.0

209.9

222.6

223.0

205.1

176.0

Payable gold concentrate

(fine ounces)

16,951

18,359

18,626

17,593

17,347

16,951

Copper cathode (EW)

(‘000 tonnes)

72.3

71.0

75.3

79.3

73.2

72.3

Payable silver concentrate

(‘000 ounces)

631

696

743

890

891

631

Sales

Payable copper

(‘000 tonnes)

165.6

226.6

215.8

228.2

192.3

165.6

Payable gold concentrate

(fine ounces)

15,650

19,235

18,325

15,831

12,490

15,650

Copper cathode (EW)

(‘000 tonnes)

67.5

81.4

59.1

95.0

63.0

67.5

Payable silver concentrate

(‘000 ounces)

563

772

720

908

836

563

(a) Shown on 100% basis following the application of the new IFRS 10 which came into effect from 1 July 2013. BHP Billiton interest in saleable production is 57.5%.

Pampa Norte, Chile

Cerro Colorado

Material mined

(‘000 tonnes)

16,067

15,722

14,964

16,303

15,771

16,067

Ore milled

(‘000 tonnes)

4,505

4,206

4,350

4,351

4,161

4,505

Average copper grade

(%)

0.55

0.66

0.65

0.82

0.78

0.55

Production

Copper cathode (EW)

(‘000 tonnes)

17.8

17.9

14.6

21.2

17.6

17.8

Sales

Copper cathode (EW)

(‘000 tonnes)

16.1

18.8

13.7

21.7

17.3

16.1

Spence

Material mined

(‘000 tonnes)

27,541

25,999

28,861

28,646

24,331

27,541

Ore milled

(‘000 tonnes)

3,752

4,161

4,041

4,146

4,860

3,752

Average copper grade

(%)

1.17

1.29

1.38

1.16

1.11

1.17

Production

Copper cathode (EW)

(‘000 tonnes)

34.9

40.9

41.8

43.5

25.9

34.9

Sales

Copper cathode (EW)

(‘000 tonnes)

31.1

42.6

29.8

57.9

25.9

31.1


BHP Billiton operational review for the quarter ended 30 September 2013		Page 17

PRODUCTION AND SALES REPORT


		QUARTER ENDED															YEAR TO DATE
		SEP			DEC			MAR			JUN			SEP			SEP			SEP
		2012			2012			2013			2013			2013			2013			2012

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

Antamina, Peru
Material mined (100%)	(‘000 tonnes)		54,482			49,246			48,032			56,254			56,428			56,428			54,482
Sulphide ore milled (100%)	(‘000 tonnes)		12,274			11,752			10,330			12,424			11,765			11,765			12,274
Average head grades
- Copper	(%)		1.15	%		1.16	%		0.88	%		1.03	%		1.21	%		1.21	%		1.15	%
- Zinc	(%)		0.66	%		0.64	%		0.93	%		1.02	%		0.56	%		0.56	%		0.66	%

Production
Payable copper	(‘000 tonnes)		40.2			39.6			25.2			34.7			41.9			41.9			40.2
Payable zinc	(tonnes)		14,514			12,587			19,148			25,675			12,522			12,522			14,514
Payable silver	(‘000 ounces)		919			934			802			1,297			1,205			1,205			919
Payable lead	(tonnes)		260			198			181			368			158			158			260
Payable molybdenum	(tonnes)		454			410			321			376			458			458			454

Sales
Payable copper	(‘000 tonnes)		39.7			42.7			24.1			31.9			41.3			41.3			39.7
Payable zinc	(tonnes)		15,519			17,874			16,062			22,560			16,123			16,123			15,519
Payable silver	(‘000 ounces)		849			1,101			772			1,165			1,503			1,503			849
Payable lead	(tonnes)		330			276			115			262			297			297			330
Payable molybdenum	(tonnes)		536			381			371			283			411			411			536

Cannington, Australia
Material mined	(‘000 tonnes)		717			817			810			802			893			893			717
Ore milled	(‘000 tonnes)		773			793			713			866			750			750			773
Average head grades
- Silver	(g/t)		355			317			364			401			315			315			355
- Lead	(%)		7.6	%		7.0	%		7.7	%		9.1	%		7.4	%		7.4	%		7.6	%
- Zinc	(%)		2.5	%		2.9	%		2.7	%		3.8	%		3.2	%		3.2	%		2.5	%

Production
Payable silver	(‘000 ounces)		7,689			6,949			7,323			9,101			6,361			6,361			7,689
Payable lead	(tonnes)		51,923			45,937			48,899			66,666			46,287			46,287			51,923
Payable zinc	(tonnes)		11,408			13,622			11,045			20,206			16,033			16,033			11,408

Sales
Payable silver	(‘000 ounces)		8,506			6,694			7,265			7,793			7,844			7,844			8,506
Payable lead	(tonnes)		59,042			46,319			48,661			64,633			56,500			56,500			59,042
Payable zinc	(tonnes)		10,379			16,321			9,439			21,056			17,286			17,286			10,379


BHP Billiton operational review for the quarter ended 30 September 2013		Page 18

PRODUCTION AND SALES REPORT


		QUARTER ENDED															YEAR TO DATE
		SEP			DEC			MAR			JUN			SEP			SEP			SEP
		2012			2012			2013			2013			2013			2013			2012

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

Olympic Dam, Australia
Material mined (a)	(‘000 tonnes)		2,226			2,123			2,448			2,750			2,897			2,897			2,226
Ore milled	(‘000 tonnes)		2,471			2,435			2,353			2,641			2,404			2,404			2,471
Average copper grade	(%)		1.90	%		1.71	%		1.73	%		1.86	%		1.85	%		1.85	%		1.90	%
Average uranium grade	(kg/t)		0.54			0.51			0.50			0.56			0.53			0.53			0.54

Production
Copper cathode (ER)	(‘000 tonnes)		34.0			30.4			44.7			45.1			25.9			25.9			34.0
Copper cathode (EW)	(‘000 tonnes)		3.0			3.2			3.0			2.8			2.0			2.0			3.0
Uranium oxide concentrate	(tonnes)		1,030			1,005			926			1,105			970			970			1,030
Refined gold	(fine ounces)		23,017			24,215			27,531			38,477			27,649			27,649			23,017
Refined silver	(‘000 ounces)		207			193			214			266			190			190			207

Sales
Copper cathode (ER)	(‘000 tonnes)		35.1			33.2			40.1			46.4			26.8			26.8			35.1
Copper cathode (EW)	(‘000 tonnes)		3.4			2.7			3.1			3.5			2.1			2.1			3.4
Uranium oxide concentrate	(tonnes)		615			1,343			816			1,374			930			930			615
Refined gold	(fine ounces)		20,949			25,227			24,678			38,394			21,675			21,675			20,949
Refined silver	(‘000 ounces)		265			169			211			275			176			176			265

(a) Material mined refers to run of mine ore mined and hoisted.

Pinto Valley, US (a)
Production
Payable copper	(‘000 tonnes)		—			0.5			5.3			10.8			10.9			10.9			—
Copper cathode (EW)	(‘000 tonnes)		1.2			1.2			1.2			1.3			0.8			0.8			1.2
Payable silver	(‘000 ounces)		—			—			11			48			41			41			—
Payable gold	(ounces)		—			—			—			—			49			49			—

Sales
Payable copper	(‘000 tonnes)		—			—			2.6			9.9			7.3			7.3			—
Copper cathode (EW)	(‘000 tonnes)		1.2			1.2			1.1			1.4			1.1			1.1			1.2
Payable silver	(‘000 ounces)		—			—			11			48			41			41			—
Payable gold	(ounces)		—			—			—			—			49			49			—

(a) On 11 October 2013 BHP Billiton completed the sale of its Pinto Valley operations.


BHP Billiton operational review for the quarter ended 30 September 2013		Page 19

PRODUCTION AND SALES REPORT


	QUARTER ENDED										YEAR TO DATE
	SEP		DEC		MAR		JUN		SEP		SEP		SEP
	2012		2012		2013		2013		2013		2013		2012

Iron Ore
BHP Billiton attributable production and sales unless otherwise stated.
(‘000 tonnes)

Iron Ore
Pilbara, Australia
Production (a)
Newman (b)		11,752		12,809		13,028		15,408		15,362		15,362		11,752
Goldsworthy Joint Venture		432		378		296		—		202		202		432
Area C Joint Venture		10,937		10,245		10,983		12,552		11,814		11,814		10,937
Yandi Joint Venture		13,771		15,954		13,302		17,027		18,146		18,146		13,771
Jimblebar		—		—		—		—		595		595		—

Total (BHP Billiton share)		36,892		39,386		37,609		44,987		46,119		46,119		36,892

Total production (100%)		43,403		46,337		44,245		52,926		54,258		54,258		43,403

Sales
Lump		8,338		9,806		9,339		11,284		10,292		10,292		8,338
Fines		28,718		30,479		28,370		34,621		35,235		35,235		28,718

Total (BHP Billiton share)		37,056		40,285		37,709		45,905		45,527		45,527		37,056

Total sales (100%)		43,595		47,393		44,363		54,006		53,561		53,561		43,595

(a) Iron ore production and sales are reported on a wet tonnes basis. (b) Newman includes Mt Newman Joint Venture and Wheelarra.

Samarco, Brazil
Production (a)		2,880		2,804		2,596		2,702		2,729		2,729		2,880

Sales		2,622		3,227		2,515		2,651		2,676		2,676		2,622

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


BHP Billiton operational review for the quarter ended 30 September 2013		Page 20

PRODUCTION AND SALES REPORT


	QUARTER ENDED										YEAR TO DATE
	SEP		DEC		MAR		JUN		SEP		SEP		SEP
	2012		2012		2013		2013		2013		2013		2012

Coal
BHP Billiton attributable production and sales unless otherwise stated.
(‘000 tonnes)

Metallurgical Coal
Queensland, Australia
Production (a)
BMA
Blackwater		1,148		1,588		1,157		1,539		1,691		1,691		1,148
Goonyella		1,535		1,392		1,478		1,816		1,737		1,737		1,535
Peak Downs		1,029		1,151		1,225		1,140		1,112		1,112		1,029
Saraji		773		994		711		971		1,197		1,197		773
Gregory Joint Venture (b)		697		315		657		854		464		464		697
Daunia		—		—		99		376		504		504		—

BMA total		5,182		5,440		5,327		6,696		6,705		6,705		5,182


BHP Mitsui Coal (c)
South Walker Creek		1,084		864		1,188		1,215		1,298		1,298		1,084
Poitrel		682		725		674		631		759		759		682

BHP Mitsui Coal total		1,766		1,589		1,862		1,846		2,057		2,057		1,766

Queensland total		6,948		7,029		7,189		8,542		8,762		8,762		6,948


Sales
Coking coal		4,058		5,561		4,933		6,316		6,123		6,123		4,058
Weak coking coal		1,545		1,820		2,029		2,417		2,397		2,397		1,545
Thermal coal		239		237		75		30		160		160		239

Total		5,842		7,618		7,037		8,763		8,680		8,680		5,842


(a) Metallurgical coal production is reported on the basis of saleable product. Production figures include some thermal coal. (b) Gregory open-cut ceased production on 10 October 2012. (c) Shown on 100% basis. BHP Billiton interest in saleable production is 80%.

Illawarra, Australia
Production (a)		1,990		1,859		1,777		2,316		1,423		1,423		1,990

Sales
Coking coal		1,775		1,785		1,595		1,877		1,084		1,084		1,775
Thermal coal		502		327		145		436		359		359		502

Total		2,277		2,112		1,740		2,313		1,443		1,443		2,277


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


BHP Billiton operational review for the quarter ended 30 September 2013		Page 21

PRODUCTION AND SALES REPORT


	QUARTER ENDED										YEAR TO DATE
	SEP		DEC		MAR		JUN		SEP		SEP		SEP
	2012		2012		2013		2013		2013		2013		2012

Coal
BHP Billiton attributable production and sales unless otherwise stated.
(‘000 tonnes)

Energy Coal
South Africa (a)
Production		8,454		7,969		7,302		7,902		7,937		7,937		8,454

Sales
Export		3,385		3,583		3,604		3,363		2,504		2,504		3,385
Local utility		4,869		4,615		4,171		4,353		4,543		4,543		4,869
Inland		38		28		32		24		—		—		38

Total		8,292		8,226		7,807		7,740		7,047		7,047		8,292


(a) Shown on 100% basis. BHP Billiton interest in saleable production is 90%.

New Mexico, US
Production
Navajo Coal		1,943		2,012		1,944		1,569		1,670		1,670		1,943
San Juan Coal		1,465		1,268		1,407		1,183		1,475		1,475		1,465

Total		3,408		3,280		3,351		2,752		3,145		3,145		3,408


Sales - local utility		3,420		3,265		3,275		2,815		3,129		3,129		3,420

NSW Energy Coal, Australia
Production		4,453		4,827		3,837		4,893		5,372		5,372		4,453

Sales
Export		4,488		4,187		4,505		4,289		4,037		4,037		4,488
Inland		250		265		174		478		446		446		250

Total		4,738		4,452		4,679		4,767		4,483		4,483		4,738


Cerrejon Coal, Colombia
Production		2,829		2,662		1,512		3,014		3,185		3,185		2,829

Sales - export		2,630		2,702		1,774		3,157		3,155		3,155		2,630


BHP Billiton operational review for the quarter ended 30 September 2013		Page 22

PRODUCTION AND SALES REPORT


	QUARTER ENDED										YEAR TO DATE
	SEP		DEC		MAR		JUN		SEP		SEP		SEP
	2012		2012		2013		2013		2013		2013		2012

Aluminium, Manganese and Nickel
BHP Billiton attributable production and sales unless otherwise stated.
(‘000 tonnes)

Alumina
Saleable production
Worsley, Australia		859		944		911		961		946		946		859
Alumar, Brazil		311		288		302		304		305		305		311

Total		1,170		1,232		1,213		1,265		1,251		1,251		1,170


Sales
Worsley, Australia		820		916		910		1,031		897		897		820
Alumar, Brazil		352		298		296		329		278		278		352

Total		1,172		1,214		1,206		1,360		1,175		1,175		1,172


Aluminium
Production
Hillside, South Africa		139		167		178		181		184		184		139
Bayside, South Africa		24		24		24		24		24		24		24
Alumar, Brazil		39		39		37		39		35		35		39
Mozal, Mozambique		67		67		64		66		67		67		67

Total		269		297		303		310		310		310		269


Sales
Hillside, South Africa		139		171		166		191		180		180		139
Bayside, South Africa		26		26		27		26		24		24		26
Alumar, Brazil		46		41		39		38		34		34		46
Mozal, Mozambique		58		65		76		65		68		68		58

Total		269		303		308		320		306		306		269


Manganese ore
Saleable production
South Africa (a)		858		834		859		939		864		864		858
Australia (a)		1,288		1,283		1,149		1,307		1,182		1,182		1,288

Total		2,146		2,117		2,008		2,246		2,046		2,046		2,146


Sales
South Africa (a)		878		808		835		970		920		920		878
Australia (a)		1,171		979		1,326		1,102		1,078		1,078		1,171

Total		2,049		1,787		2,161		2,072		1,998		1,998		2,049


Manganese alloy
Saleable production
South Africa (a) (b)		93		91		86		104		86		86		93
Australia (a)		37		62		57		78		51		51		37

Total		130		153		143		182		137		137		130


Sales
South Africa (a) (b)		74		112		89		110		88		88		74
Australia (a)		46		52		68		61		54		54		46

Total		120		164		157		171		142		142		120


(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.


BHP Billiton operational review for the quarter ended 30 September 2013		Page 23

PRODUCTION AND SALES REPORT


	QUARTER ENDED										YEAR TO DATE
	SEP		DEC		MAR		JUN		SEP		SEP		SEP
	2012		2012		2013		2013		2013		2013		2012

Aluminium, Manganese and Nickel
BHP Billiton attributable production and sales unless otherwise stated.
(‘000 tonnes)

Nickel
Cerro Matoso, Colombia
Production		13.3		12.4		12.3		12.8		12.0		12.0		13.3

Sales		12.3		13.7		13.0		13.1		12.6		12.6		12.3

Nickel West, Australia
Saleable production
Nickel contained in concentrate		1.3		4.1		3.1		3.0		3.4		3.4		1.3
Nickel contained in finished matte		5.8		7.6		9.7		8.6		8.8		8.8		5.8
Nickel metal		16.6		10.6		17.0		15.9		16.2		16.2		16.6

Nickel production		23.7		22.3		29.8		27.5		28.4		28.4		23.7


Sales
Nickel contained in concentrate		1.6		2.9		3.1		3.0		2.7		2.7		1.6
Nickel contained in finished matte		6.7		7.0		9.0		9.7		7.8		7.8		6.7
Nickel metal		14.2		12.8		19.5		17.7		15.3		15.3		14.2

Nickel sales		22.5		22.7		31.6		30.4		25.8		25.8		22.5


BHP Billiton operational review for the quarter ended 30 September 2013		Page 24

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: October 22, 2013	By:	/s/ Jane McAloon
	Name:	Jane McAloon
	Title:	Group Company Secretary