Resume Mining At Tintaya

BHP Billiton Limited 12 August 2003 BHP Billiton Limited is issuing this announcement to fulfil disclosure obligations arising from its secondary listing on the London Stock Exchange. The text of this release is identical to that issued by BHP Billiton Plc earlier. Date 12 August 2003 Number 28/03 BHP BILLITON TO RESUME MINING AT TINTAYA BHP Billiton today announced that it will re-start sulphide mining operations at its Tintaya copper mine in southern Peru during August. This follows the approval of a new mine plan and a review of projected copper market conditions. Shipments of copper concentrates from Tintaya are expected to recommence in early calendar 2004. Production from Tintaya was originally curtailed in January 2002 due to rising global copper inventory levels and a belief that reducing production during this period of low demand would enhance the long-term value of BHP Billiton's copper business. Brad Mills, President, BHP Billiton Base Metals said, 'The new mine plan at Tintaya will reduce operating costs to a level that makes it very competitive in the global copper industry. We believe the demand fundamentals of the copper market are improving such that metal produced from Tintaya's concentrate production will be needed by the second quarter of next year, when the first refined metal becomes available.' Tintaya is capable of producing 90,000 tonnes of copper contained in concentrate per annum. It is currently producing 34,000 tonnes of copper cathode per annum from its oxide SX-EW operations. Further information on BHP Billiton can be found on our Internet site: http://www.bhpbilliton.com Australia United Kingdom Andrew Nairn, Investor Relations Mark Lidiard, Investor & Media Relations Tel: +61 3 9609 3952 Mobile: +61 408 313 259 Tel: +44 20 7802 4156 Mobile: +44 7769 934 942 email: Andrew.W.Nairn@bhpbilliton.com email: Mark.Lidiard@bhpbilliton.com Tania Price, Media Relations Ariane Gentil, Media Relations Tel: +61 3 9609 3815 Mobile: +61 419 152 780 Tel: +44 20 7802 4177 email: Tania.Price@bhpbilliton.com email: Ariane.Gentil@bhpbilliton.com United States South Africa Francis McAllister, Investor Relations Michael Campbell, Investor & Media Relations Tel: +1 713 961 8625 Mobile: +1 713 480 3699 Tel: +27 11 376 3360 Mobile: +27 82 458 2587 email: Francis.R.McAllister@bhpbilliton.com email: Michael.J.Campbell@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: 600 Bourke Street Melbourne Victoria Registered Office: Neathouse Place London SW1V 1BH United 3000 Kingdom Telephone +61 3 9609 3333 Facsimile +61 3 9609 3015 Telephone +44 20 7802 4000 Facsimile +44 20 7802 4111 The BHP Billiton Group is headquartered in Australia This information is provided by RNS The company news service from the London Stock Exchange
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