BHP on track with Jimblebar expansion

BHP Billiton says its plan to expand the Jimblebar mine in the Pilbara is on track and will be completed by the first quarter of 2014.

Dow Jones reports BHP general manager marketing Alan Chirgwin said an iron ore handling plant with a capacity of 55 million tonnes a year was also set to come online at the same time.

 

“The project is on track and will add annual mining capacity of 35mt,” he said.

 

The expansion is part of a wider move by BHP to expand iron ore production in the Pilbara, and the update comes on the back of rising exports from Port Hedland.

 

According to new data iron ore exports from Port Hedland rose 4 per cent in April, with shipments to Taiwan more than doubling.

 

In total more than 26mt of ore was shipped last month, up from 24.9mt in March.

 

Port Hedland is the main export terminal for BHP's Pilbara operations, and the company shares the port with Fortescue Metals Group, Atlas Iron, and a number of smaller producers.

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