BHP’s Marius Kloppers not very convincing about expansion of Olympic Dam uranium mine
BHP’s Kloppers defends Dam, by: Christopher Russell, John Dagge, Herald Sun, September 04, 2012 BHP Billiton chief Marius Kloppers has declared the group will “work with undiminished vigour” to extend Olympic Dam despite spiking its colossal expansion plan….
He was speaking after analysts at the Commonwealth Bank cut their rating on BHP and Fortescue Metal shares, citing the tumbling price of iron ore…
.. Mr Kloppers was talking after returning from the world tour that followed the release last month of BHP’s annual results. He said BHP remained hopeful that by going back to the drawing board it would find a viable option to extend the Olympic Dam project, in central South Australia. These included extracting minerals by leaching – a process used at BHP Billiton mines in Chile.
Mr Kloppers said while he could not guarantee the mine expansion would proceed, the company would work “unbelievably hard” to develop a viable extension plan. “One of the things that has been difficult, is that people take everything we work on as being approved,” he said. Then when we are unable to make it work they feel we’ve unapproved it. That’s the world we live in.”Mining companies had to constantly reassess their options as circumstances changed, he said….. http://www.news.com.au/business/companies/bhps-kloppers-defends-dam/story-fnda1bsz-1226464273598#ixzz25XtdDBAs
No comments yet.
1.This month.
The Road to War brings a sharp focus to why it is not in Australia’s best interest to be dragged into a war with China which will almost inevitably go nuclear very quickly. The filmmaker has interviewed some of Australia’s senior foreign policy analysts who have vast experience behind them in analysing what really is going on here as the United States rattles its sabres with China. And sets us up to be its proxy, like the poor Ukranians have been fed into the Meatgrinder. So America can remain the Top Dog. The Road to War reveals how the United States through its spy base at Pine Gap and by stationing six nuclear capable B52 bombers in the Top End (without permission from the traditional owners) is making Australia a prime nuclear target if the current war of words suddenly melts down into full scale war.
The Road to War shows the implicit connection between Carbon emissions (the US military uses a whopping 70% of America’s annual petroleum to move its armies and vast War Machine around the globe to its 800+ military bases..but under a loophole wangled at Kyoto, the US military does not have to report its C02 annual emissions). The Road to War starts screening at selected cities and regional centres in March. See the trailer end for details.
Antinuclear 
Leave a Reply