CAPITAL MARKETS

BHP chips in for Queensland coal projects

BHP Billiton has approved $US267 million of expenditure to hasten development of its $A4 billion Caval Ridge coking coal project in the northern Bowen Basin, along with the stage 3 expansion of the Hay Point Coal Terminal.

Blair Price

BHP chips in for Queensland coal projects

The Caval Ridge open cut project is expected to produce 5.5 million tonnes per annum and generate an extra 2.5Mtpa from BHP Mitsubishi Alliance’s Peak Downs mine. The HPCT expansion will ramp up throughput...

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