Looks like BHP will jetison the outer harbour ... more pressure...

Looks like BHP will jetison the outer harbour ... more pressure on Wah Nam and that port allocation.

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BHP Billiton looks set to jettison the $20 billion Port Hedland outer harbour push, instead flagging a slow, staged development to deal with WA's "pretty hot" economy and a subdued iron ore outlook.

Analysts are likely to tip BHP to postpone development of all three of its mega-projects - the iron ore outer harbour venture, Olympic Dam's expansion, and the Jansen potash asset - given the market had seen Port Hedland as the most likely to proceed.

http://au.news.yahoo.com/thewest/business/a/-/wa/13890202/bhp-set-to-abandon-20b-harbour-push/