CAPITAL MARKETS

BHP outlines $80B capital commitment

OUTLINING plans to spend more than $US80 billion ($A79 billion) over five years on capital developments in iron ore and metallurgical coal, BHP Billiton could soon start work on its Rapid Growth Project 6 expansion in the Pilbara of Western Australia.

MiningNews.Net
BHP outlines $80B capital commitment

In a letter to shareholders as part of an off-market $A5 billion buy-back of its Australia-listed shares, BHP chairman Jac Nasser said the mining giant’s significant organic growth program also included...

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