BHP Billiton To Invest Billions In Australian Operations - Update

Mining giant BHP Billiton Ltd. said Thursday it has approved almost $13 billion of capital investment to expand its Australian iron ore and coal operations as the company tries to keep pace with rising demand for steel and energy from Asia's booming economies. The company said in mid-February that it plans to invest $80 billion in organic growth over the next five years to develop new resource ...

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Source: RTT News

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