Iron, News & Features, Resource News
BHP gets green light for Outer Harbour
By The Australian · May 31, 2012 · 9:01 am · Leave a Comment
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BHP Billiton’s $20 billion-plus Outer Harbour iron ore expansion in Western Australia has received federal government approval amid growing signs that it will take precedence over the Olympic Dam copper and uranium mine expansion in South Australia, BHP’s other huge planned Australian project.
The approval from Environment Minister Tony Burke comes as Credit Suisse analysts forecast the long-awaited approval of the Olympic Dam expansion could be held back until 2014, while the Outer Harbour expansion at Port Hedland is on track to be ticked off at board level in the next 12 months.
