Australian news, and some related international items

BHP Billiton to decide on Olympic Dam expansion in 2012

BHP Billiton to return $US10b to shareholders, Sydney Morning Herald, 16 Feb 2011, BHP Billiton plans to pour $US80 billion ($80.2 billion) into expansions over the next five years and return cash to investors rather than chase ambitious takeovers, after nearly doubling its first-half profit to a record……
BHP’s $US80 billion expansion plan over the next five years includes expanding its Olympic Dam copper and uranium mine in Australia, with a decision expected in 2012,…..

February 16, 2011 - Posted by | business, South Australia, uranium |

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