Peter Beaven Peter Beaven

Higher sales, record ore and alloy production and higher prices for the year have driven Manganese Underlying EBIT up 549.8 per cent to a record US$1,644 million.

Underlying EBIT increased 549.8%
US$ million
Revenue 2,912
Underlying EBIT 1,644
Capital expenditure 155
Net operating assets 1,154
2.0 mtpa of added capacity from future expansion projects
Manganese ore Manganese ore

Higher sales, record ore and alloy production and higher prices for the year have driven Manganese Underlying EBIT up 549.8 per cent to a record US$1,644 million.

Production records were achieved despite the impact of the South African power crisis.

GEMCO, Australia GEMCO, Australia

The Groote Eylandt expansion, which will deliver an additional one mtpa of concentrate (100 per cent, or about 0.6 mtpa BHP Billiton share), was approved during the period.

Two expansion projects in South Africa will add one mtpa of capacity (100 per cent, or about 0.6 mtpa BHP Billiton share) for less than US$50 million capital expenditure (BHP Billiton share).