BHP sets sights on a new iron-mine to replace ageing one

June 8, 2016

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BHP Billiton is studying an option to develop a massive new iron-ore deposit in Australia to replace lost tonnes as operations age and reserves decline, according to the company and documents filed with environmental regulators.

The deposit is called South Flank and lies 10 km south of BHP’s existing Mining Area C operation and would create an expanse 26-km long and 2-km wide.

Category: General