"BHP Billiton announced on Wednesday that it plans to scrap its massive Olympic Dam open pit expansion.
The global miner said it would now investigate an alternative, less expensive expansion than the $US30 billion ($A28.73 billion) original plan."
the above today - so glug, does that mean the the expansion is going ahead albeit in a smaller scale or another project is being considered? to me that reads - the resources boom is dead and so is any near future expansion of olympic dam.
btw yeldub wherever you are - was this expansion in that 900 billion you crow about?
