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

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  1. 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.
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