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Mining Weekly reported BHP Billiton (NYSE:BHP,ASX:BHP) has unveiled plans to increase its Pilbara iron-ore production to 450-million tons a year.
Mining Weekly reported BHP Billiton (NYSE:BHP,ASX:BHP) has unveiled plans to increase its Pilbara iron-ore production to 450-million tons a year.
The market news is quoted as saying,
BHP has an iron-ore production capacity of 155-million tons of iron-ore a year in the Pilbara, while rival Rio Tinto’s capacity is 225-million tons a year.
In March, the diversified miner approved a $7.4-billion capital investment to grow its Pilbara capacity to more than 220-million tons a year by 2014.