BHP Billiton Begins Work on Outer Harbor at Port Hedland

摘要

BHP Billiton announced in early February 2012 approval of $917 million (BHP Billiton share $779 million) in pre-commitment funding for the construction of a 100-million-mt/y outer harbor ship-loading facility at Port Hedland, Western Australia, to provide for export of iron ore from its expanding Western Australia iron ore operations. The project is expected to be reviewed for full approval in the fourth quarter of 2012 and has an embedded option to expand by a further 100 million mt/y. The current funding will enable the company to progress feasibility studies and procurement of long-lead-time items. It will also allow for dredging to begin, subject to the necessary regulatory approvals.