CAPITAL MARKETS

BHPB gives nod to Hillside expansion

BHP Billiton said today it has approved the expansion of its Hillside aluminium smelter at Richards Bay in South Africa to boost primary aluminium capacity by a further 132,000 tonnes a year once full production is reached in mid-2004.

MiningNews.Net
BHPB gives nod to Hillside expansion

The US$449 million construction cost is equivalent to US$3403/t of new capacity, which the company said was "competitive". "This expansion will consolidate Hillside's position as one of the world's lowest-cost...

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