BHP Billiton’s board has approved the development of the Caval Ridge mine project and the expansion of the Peak Downs mine located in the Bowen Basin of Queensland, Australia.

The total investment in the initial project is $4.2bn, of which BHP Billiton’s share is $2.1bn.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

According to the firm, the Caval Ridge mine is expected to produce 5.5Mtpa and the Peak Downs mine is expected to increase its production by 2.5Mtpa.

The work will include the construction of a new coal handling and preparation plant at Caval Ridge mine to process production from the Caval Ridge Mine and Peak Downs expansion.

Coal from the Peak Downs mine, which lies immediately south of the Caval Ridge mine, will be transported by conveyor to the new plant.

Caval Ridge mine project has received all the necessary regulatory approvals and is expected to produce its first coal in 2014.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.