🕐21.05.14 - 07:27 Uhr

BHP BILLITON NEWS



View all News Latest News Updates  ** Update on Towage Services at Port Hedland ------------------------------------------------------------ May 21, 2014 BHP Billiton President Iron Ore, Jimmy Wilson, today expressed growing concern over possible industrial action by members of the Maritime Union of Australia (MUA) at the Port of Port Hedland. Mr Wilson said any action by MUA members would have severe consequences for Australian exports and would damage the countryâs international reputation, and its overall national interest. âIndustrial action by the MUA will stop all shipments out of the Port and cost exporters like BHP Billiton, Fortescue Metals Group and Atlas Iron about A$100 million a day.

In addition, the State and Federal Government stand to lose tens of millions of dollars a day in royalties and corporate tax revenue,â he said. âMining companies like BHP Billiton will not be able to make up the shipments lost during industrial action, and governments cannot recover the lost royalties and taxes. âAny interruption to shipments of iron ore would have a detrimental impact on Australiaâs international reputation as a stable and reliable supplier of critical resources.â Mr Wilson said BHP Billiton was concerned about the progress of conciliation talks between Teekay Marine Pty Ltd and the maritime unions, including the MUA, for new Enterprise Bargaining Agreements. âBHP Billiton, and the resources industry across Australia, is working hard to improve productivity and remain competitive in a challenging economic environment,â he said. âThe MUA is pursuing an unacceptably high salary rise of almost 10 per cent a year and an increase in annual leave without any link to improved productivity. âTeekayâs maritime union employees at Port Hedland are already the highest paid in the towage industry in Australia.

Their demands are unreasonable and out of touch with the current economic conditions faced by Australian exporters. âBHP Billiton is actively pursuing the limited options available to the Company under the Fair Work Act to prevent industrial action at Australiaâs largest export port.â For more information, please see the News Release .  Other News  ** BHP Billiton Reviewing Options for its Nickel West Business ------------------------------------------------------------ May 14, 2014  ** Andrew Mackenzie Presents at the Bank of America Merrill Lynch Metals, Mining & Steel Conference ------------------------------------------------------------ May 13, 2014  ** Petrohawk March 2014 Financial Report ------------------------------------------------------------ May 09, 2014 Home People & Careers www.bhpbilliton.com About Us Investors & Media Businesses Contact Us
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