Showing posts with label BHP. Show all posts
Showing posts with label BHP. Show all posts

Wednesday, August 22, 2012

BHP halts Oylympic Dam expansion


BHP Billiton's decision to mothball more than $US60 billion in expansion projects was neccessary to stave off a huge PR disaster said CEO Marius Kloppers.

After Australia's disastrous turn in the London Olympics, coming second place in so many events spending $30 billion on getting silver from Olympic Dam just couldn't get support from anyone.