BHP Billiton Settles 2002 Iron Ore Prices.Business Editors & Energy Writers MELBOURNE, Australia--(BUSINESS WIRE)--May 31, 2002 BHP Billiton BHP Billiton is the world's largest mining company.[1] Its origin is in the 2001 merger of Australia's Broken Hill Proprietary Company (BHP) and the UK's Billiton, which has a South African background. The result is a dual-listed company. (NYSE NYSE See: New York Stock Exchange :BHP BHP blood hydrostatic pressure; the pressure exerted by the blood cells and plasma in the capillaries. ) today announced it had reached agreement with both Nippon Steel Corporation and Kawasaki Steel Corporation for the prices of Mt Newman iron ore for the year commencing 1 April 2002. The agreed prices are as follows: Mt Newman Fines 28.28 US cents per dry long ton unit; a decrease of 2.4 per cent. Mt Newman Lump 36.13 US cents per dry long ton unit; a decrease of 5.0 per cent. Discussions are continuing on tonnage TONNAGE, mar. law. The capacity of a ship or vessel. 2. The act of congress of March 2, 1799, s. 64, 1 Story's L. U. S. 630, directs that to ascertain the tonnage of any ship or vessel, the surveyor, &c. allocations, however BHP Billiton expects to maintain its position as one of Australia's leading exporters to Japan. President BHP Billiton Carbon Steel Materials Bob Kirkby said the agreed prices fairly represented the current state of the global iron ore and steel industries. Negotiations are continuing with other customers. Further information can be found on our Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the site: http://www.bhpbilliton.com |
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