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BRIEF-BHP Billiton Mitsubishi Alliance to invest $204 mln in Caval Ridge Southern Circuit

Published 21/04/2017, 07:28 pm
© Reuters.  BRIEF-BHP Billiton Mitsubishi Alliance to invest $204 mln in Caval Ridge Southern Circuit
BHPB
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April 21 (Reuters) - Bhp Billiton Plc BLT.L

* BHP Billiton Mitsubishi Alliance will invest US$204 million in the Caval Ridge Southern Circuit capital growth project, in central Queensland's Bowen basin

* Project will create up to 400 new construction jobs and lock in approximately 200 ongoing operational roles

* Will also result in the caval ridge preparation plant increasing its throughput to reach its 10 million tonne per year capacity

* Construction of the project is scheduled to commence mid CY2017 and take 18 months to complete

* bhp billiton mitsubishi alliance will also invest in new mining fleet, including excavators, and trucks. Source text for Eikon: ID:nNDL9ChKnS Further company coverage: BLT.L

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