Businessweek

the Bowen Basin in Central Queensland, Australia, and the Illawarra region of New South Wales, Australia. Bowen Basin: The company’s Bowen Basin mines are owned through a series of joint ventures. It shares 50–50 ownership with Mitsubishi Development Pty Ltd in BHP Billiton Mitsubishi Alliance (BMA), which operates the Goonyella Riverside, Broadmeadow, Peak Downs, Saraji, Norwich Park, Blackwater and Gregory Crinum mines, together with the Hay Point Coal terminal through the Central Queensland Coal Associates (CQCA) joint venture and the Gregory joint venture. The company’s BHP Billiton Mitsui Coal (BMC) asset operates South Walker Creek and Poitrel mines. BMC is owned by the company (80%) and Mitsui and Co (20%). Illawarra: The company owns and operates three underground coal mines in the Illawarra region of New South Wales, which supply metallurgical coal to the nearby BlueScope Port Kembla steelworks, and other domestic and export markets. Development projects Bowen Basin Expansions: In 2011, approval was given for the development of the Caval Ridge mine project and expansion of the Peak Downs mine in the Bowen Basin in Central Queensland, Australia. IndoMet Coal Project (Indonesia): IndoMet Coal comprises seven coal contracts of work (CCoWs) covering a metallurgical coal resource in Kalimantan, Indonesia. The company has 75% interest in the project and holds management responsibility for the project. Appin Area 9 Project: The project includes roadway development, new ventilation infrastructure, new and reconfigured conveyors and other mine services. ENERGY COAL CUSTOMER SECTOR GROUP The company’s Energy Coal CSG produces and markets export energy coal (also known as thermal or steaming coal) and also supplies to the electricity generation industry in Australia, South Africa, and the U.S. The company makes export sales to power generators and industrial users in Asia, Europe, and the U.S. The company operates three assets: a group of mines and associated infrastructure collectively known as BHP Billiton Energy Coal South Africa; its New Mexico Coal operations in the United States; and its New South Wales Energy Coal operations in Australia. The company also owns a 33.33 per cent share of the Cerrejón Coal Company, which operates a coal mine in Colombia. BHP Billiton Energy Coal South Africa (BECSA) operates four coal mines being Khutala, Klipspruit, Middelburg and Wolvekrans in the Witbank region of Mpumalanga province of South Africa. The reserve lives of its mines range from 8 years at Khutala and Klipspruit to 29 years at Middelburg. New Mexico Coal: The company owns and operates the Navajo mine, located on Navajo Nation land in New Mexico, and the nearby San Juan mine located in the state of New Mexico. Each mine transports its production directly to a nearby power station. New South Wales Energy Coal: New South Wales Energy Coal’s operating asset is the Mt Arthur Coal open-cut mine in the Hunter Valley region of New South Wales. The company is a 35.5 per cent shareholder in Newcastle Coal Infrastructure Group, a jointly controlled entity that is operating the Newcastle Third Port export coal loading facility and has a project in execution (see Development projects below). The company also has a 1.75 per cent interest in Port Waratah Coal Services Limited, which operates two coal loading facilities at the port of Newcastle. Cerrejón Coal Company: The company has a one-third interest in Cerrejón Coal Company, which owns and operates open-cut export coal mines in the world in La Guajira province of Colombia, as well as integrated rail and port facilities through which the majority of production is exported to European, Middle Eastern, North American and Asian customers. Cerrejón Coal P40 Project: The company has a one-third interest in Cerrejón Coal. Strategy The company’s strategy is to own and operate large, long-life, low-cost, expandable, upstream assets diversified by commodity, geography and market, and to pursue growth opportunities. History BHP Billiton Limited was founded in 1885. The company was incorporated in 1885 and is registered in Australia.