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    coal investing

    BHP Billiton to Begin Coal Production at Haju Mine in Indonesia

    Teresa Matich
    Jul. 23, 2015 08:45AM PST
    Industrial Metals

    Mining Technology reported that BHP Billiton (NYSE:BHP) expects to begin coal production at its Haju coal mine in Borneo, Indonesia. It’s anticipated that the mine will produce 1 million tonnes of coal per year initially.

    Mining Technology reported that BHP Billiton (NYSE:BHP) expects to begin coal production at its Haju coal mine in Borneo, Indonesia. It’s anticipated that the mine will produce 1 million tonnes of coal per year initially.
    As quoted in the publication:

    The company confirmed that initial production will begin within a year, as part of a bigger project called IndoMet.
    BHP’s latest announcement has concerned local communities, with campaigners urging the company to abandon the project.
    Friends of the Earth International campaigner Cam Walker told The Sydney Morning Herald: “That is devastating news for the climate and for the local people who have been rejecting this project for years.”
    Environmental groups believe that the expansion of IndoMet project in the central Kalimantan province, which BHP has a 75% stake in and is expected to cause damage to the rivers of the upper Barito basin.

    Click here for the full article from Mining Technology.

    coal investingnyse:bhp
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