BHP BILLITON DISCUSSES THE GLOBAL OUTLOOK FOR COAL AT CEDA

bhpPresident of BHP Billiton’s global Coal business, Dean Dalla Valle, today spoke at CEDA’s
Energy and Resources series in Brisbane about the global outlook for coal.

In his first keynote address, Mr Dalla Valle outlined the importance of productivity and a  high-performing culture to ensure a long-term sustainable coal export industry in Australia.

“BHP Billiton’s Coal business includes 20 metallurgical and energy coal operations across
five countries. In the 2013 financial year we produced 154 million tonnes on a 100 per cent
basis,” he said.

“We are the largest coal miner in Queensland and a major contributor to the Queensland
economy, directly injecting more than US$10 billion into the economy and employing more
than 7,000 people at our Bowen Basin operations.”

Speaking to the challenges of the industry, Mr Dalla Valle emphasised the importance of
reducing costs and maximising productivity.

“Our business has the equipment, technology, infrastructure and expertise to operate our
mines more safely and efficiently than ever before,” he said.

“Over the past 18 months we have focused on our cost base throughout our operations.  There is still more we need to do as we look for ways to improve the productivity and  competitiveness of our mines.”

Mr Dalla Valle said BHP Billiton expected global growth in demand for both energy and  metallurgical coal over the coming decades, with productivity key to generating acceptable  returns.

He said BHP Billiton’s investment in common processes and systems gave the Company a  comparative advantage to replicate best practice across the Group.

“For example, I can compare the productivity of a truck and shovel fleet at one of our mines  in South Africa against a similar truck and shovel fleet at one of our mines in the Bowen  Basin.

“We are also looking to work smarter as we deliver long-term productivity gains. To do this
we need high performing teams and to ensure our people have the opportunities to develop  their careers through mobility in the industry.”

Mr Dalla Valle referenced the Company’s new commute workforce at Daunia Mine as an
example of a new operation where a great culture is being built to help deliver productivity
gains.  “What is evident when you go to Daunia is that when you bring a diverse, enthusiastic group  of new people to our industry and blend them with experienced miners and the right training  and supervision, a new culture develops.

“It also helps us increase our diversity as we re-shape our workforce, strive to better reflect  the make-up of our society and spread the benefits of mining across Queensland.”

Comments made in March by BHP Billiton’s Chief Executive Officer, Andrew Mackenzie,
about the important social and economic contribution coal makes were also reiterated by Mr  Dalla Valle.   Mr Dalla Valle will also be speaking at the CEDA lunch in Sydney on Friday.

Further information on BHP Billiton and a copy of the speech can be found at:
www.bhpbilliton.com