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You are here: Home»Markets»Energy»Australia»BHP says to invest $845m in Australian coal

 SYDNEY: BHP Billiton , the world's largest miner, said on Friday it had approved an $845 million investment to establish a replacement mining area at the Appin Mine in Australia's New South Wales state.

The area will have a production capacity of 3.5 million tonnes per year of metallurgical coal from 2016, replacing production at the West Cliff Mine, BHP said in a statement.

Copyright Reuters, 2012


 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyApril
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 28, 2015
Reserves $17.494 bln