BHP approves Pilbara Project funding
BHP, this week announced approval of $244 million (BHP share) in initial funding for the South Flank sustaining mine project in the central Pilbara, Western Australia.
The South Flank project, which will leverage and expand the existing Mining Area C hub, is BHP’s preferred option to replace production from the Yandi mine when it reaches the end of its economic life in the early-to-mid 2020s.
The project is expected to be submitted for Board approval mid next year, with first ore targeted in the 2021 calendar year and ramp-up timed to coincide with the ramp-down of Yandi.
The funding and full development of South Flank would generate several thousand jobs during construction and provide ample opportunities for Western Australian suppliers.
The initial funding will be used primarily for the expansion of accommodation facilities to support current and future workforce requirements
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