Ceramic Industry News

BHP Billiton Releases 4th Qtr Exploration and Development Report

January 21, 2010
/ Print / Reprints /
ShareMore
/ Text Size+

BHP Billiton recently released a report that covers the Group’s exploration and development activities for the quarter ended December 31, 2009. (Unless otherwise stated, BHP Billiton’s interest in the projects referred to in this report is 100% and references to project schedules are based on calendar years.)

BHP Billiton announced approval for $240 million of capital expenditure to support the development of the first stages of the Jansen Potash Project in Saskatchewan, Canada. This pre-approval expenditure will facilitate the early-stage work for the establishment of the production and service shafts. The Jansen project, which is being designed to ultimately produce approximately 8 million metric tons per year of agricultural-grade potash, represents BHP Billiton's first production of potash.

Grassroots exploration continued on copper targets in Chile, Argentina and Zambia; nickel targets in Australia; manganese targets in Gabon; and diamond targets in Canada. Exploration for iron ore, coal, bauxite and manganese was undertaken in a number of regions, including Australia, South America, Russia and West Africa.

For the half-year ended December 31, 2009, BHP Billiton spent $239 million on minerals exploration, of which $220 million was expensed. Consistent with BHP Billiton’s growth strategy, the total forecast exploration expenditure for the 2010 financial year increased by $200 million to $800 million, primarily due to increased drilling activity.

Visit www.bhpbilliton.com for additional details.

Links

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

In-Depth Features

These articles detail innovative advanced ceramic and glass materials and technologies.

Podcasts

Sapphire: An Extreme Performer

Ian Doggett of Goodfellow and CI Editor Susan Sutton discuss the benefits and opportunities provided by industrial sapphire.

More Podcasts

THE MAGAZINE

Ceramic Industry Magazine

CI April 2014 cover

2014 April

Our April issue features details on advanced materials such as ceramic matrix composites and piezoelectric ceramics, among many others. Be sure to check it out!

Table Of Contents Subscribe

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40