114 / 140
114 Business View Australia - August 2015
“China is of immense importance
to BHP Billiton and to Australia,” he
said.
“We always strive to develop closer
ties with China and contribute to
its development by providing long-
term, reliable and high-quality
products at a transparent market
price. BHP Billiton is very proud of
the role it has helped play in China’s
remarkable economic and urban
growth through the trade in iron ore
and other commodities. The rate of
this growth, and the demand for iron
ore, has been unprecedented.
“It took nearly 30 years for BHP Billiton
to ship 100 million tons of iron ore to
China and then only 12 more years to
reach the one billion ton milestone.”
Also speaking at the celebration
event, Henry acknowledged China’s
extraordinary development over
the past two decades and the
transformational role the country’s
demand had played in the global
iron ore market.
“Thanks to China’s tremendous
achievements in manufacturing and
steelmaking, part of the iron ore
we export comes back to Australia
as high-quality infrastructure and
equipment,” he said. “The resources
industry now relies on bulk materials
handling machines, transportable
buildings and rolling stock made in
China.”
BHP Billiton’s iron ore journey with
China started more than 40 years
ENERGY, MININ