BHP to invest US$204 Million in Caval Ridge Southern Circuit

BHP Billiton Mitsubishi (BMA) a joint Venture of BHP Billiton (50%) and Mitsubishi (50% ) announced to invest US$204 million in the Caval Ridge Southern Circuit (CRSC) capital growth project, in Central Queensland’s Bowen Basin.

BHP Billiton President Operations, Minerals Australia, Mike Henry said the project formed the missing link between the two mines, and will accelerate growth and productivity. This investment furthers their productivity agenda, reduces costs, releases latent equipment capacity, and strengthens their coal business’ global competitiveness.

CRSC

It is an 11 kilometre overland conveyor system which will transport coal from Peak Downs Mine to the Coal Handling Preparation Plant (CHPP) at the nearby Caval Ridge Mine. Construction of the project  will take 18 months to complete and is scheduled to start in mid CY2017. The project will create 400 new construction jobs and lock in approximately 200 ongoing operational roles and will also result in increasing its throughput to reach its 10 million tonne per year capacity.