BHP backs away from Olympic Dam expansion

BHP is moving its Oak Dam copper discovery in South Australia to the next stage, but is less enthusiastic about the US$2.5 billion Olympic Dam brownfield expansion (BFX).

BHP backs away from Olympic Dam expansion BHP backs away from Olympic Dam expansion BHP backs away from Olympic Dam expansion BHP backs away from Olympic Dam expansion BHP backs away from Olympic Dam expansion

BHP's Olympic Dam mine in South Australia

The company reported today that Olympic Dam had its best quarter in five years, with output jumping 47% to 52,000 tonnes of copper.