Way Down Under

Treadgold, Tim
July 2009
Forbes Asia;7/13/2009, Vol. 5 Issue 12, p30
The article reports on the plan of BHP Billiton Ltd. to invest around 15 billion dollars in South Australia to gain access to uranium as well as copper and gold. It states that the firm will expand existing underground mine at Olympic Dam to increase its annual production of uranium and other precious minerals. It notes that an estimated value of the mineral in the ore body is around one trillion dollars.


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