BHP Billiton can’t solve the transportation problem

BHP Billiton receives a portion of the problems

In brief: New problems appeared in Australia's largest mining company BHP Billiton.

Mining Company “BHP Billiton” was forced to close its branch railway in Australia. This in particular is a thread that connects the Port Hedland and iron ore development in the Pilbara region. The company decided to close it after the accident on the tracks.

Thus, damage to the tract occurred in 203 km from Port Hedlanda. As is known, Port Hedland is the only major transit terminal for iron ore development group in the region. Earlier it was reported that “BHP Billiton” will repair the Australian coal port of Hay Point. On July 7 will be closed one of the berths of the port. Repair work here will last for 1 month. According to market analysts, this may lead to increased stress on the world market of coking coal. In the mining company “BHP Billiton” includes the Australian “BHP Billiton Limited” and British “BHP Billiton Plc”. The largest enterprise of the sector is engaged in bauxite, coal, copper, manganese, iron ore, nickel, uranium, diamonds, titanium-containing minerals, silver, and natural gas and oil.

Ukrainian Globalist
2010-06-20 13:00, Economics.

News on: , , , , , , , ,

Post a comment