BHP Billiton is set to announce it will not proceed with a planned $US20 billion expansion of its Olympic Dam project.
The Australian Financial Review is reporting the mining giant will cancel expansion of the copper-uranium mine in South Australia.
BHP has declined to comment but the news will be confirmed when it releases its full year results later today
Read more: http://www.news.com.au/business/companies/bhp-set-to-cancel-olympic-dam-expansion/story-fnda1bsz-1226455881839#ixzz24FdK17QW
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