Business
BHP’s ambitions for Olympic Dam continue to shrink – The Australian Financial Review
BHP has outlined a future of low-cost, incremental growth at Olympic Dam after canning its third expansion plan within a decade.
The five-yearly cycle of smelter maintenance and BHP’s vow to focus on de-bottlenecking suggest Olympic Dam’s output is unlikely to rise far beyond its notional capacity of 200,000 tonnes per year before investment in further smelter maintenance falls due once more in the latter stages of this decade.
BFX is the third Olympic Dam expansion plan that has either failed to make economic sense or been put on the backburner within the past decade.
Launched in 2017, BFX promised to expand Olympic Da…
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