BHP Billiton’s coal terminal expansion to boost exports

Thursday, 17 December 2015 14:59:04 (GMT+3)   |   Istanbul
       

Australian miner BHP Billiton has announced that the new third berth has been officially opened at the Hay Point Coal Terminal in Queensland of its BHP Billiton Mitsubishi Alliance (BMA) joint venture with Mitsubishi Development Pty Ltd. The new berth will increase the export capacity from 44 million mt per year to 55 million mt.

The Hay Point Coal Terminal third expansion project involved construction of a new berth and ship-loader alongside the existing two berths. The investment for the project totaled $3 billion.

In 2014-15 financial year, Queensland coal exports reached more than 219 million mt due to the benefits of large infrastructure investments.
 
“BMA is the world’s largest exporter of seaborne metallurgical coal and employs 9,000 local workers. The opening of the new berth is a significant milestone. Importantly, the increased capacity at the Hay Point Coal Terminal will enhance our ability to run an even more productive value chain,” stated Mike Henry, BHP Billiton’s coal president.

Similar articles

Ex-Australia coking coal prices fluctuate below $250/mt FOB, market feels some softness

26 Apr | Scrap & Raw Materials

Indian government mulls consortium of state companies to build infrastructure in Mongolia to import coking coal

26 Apr | Steel News

Ex-India pellet prices surge amid high volatility and renewed restocking

26 Apr | Scrap & Raw Materials

Local Italian scrap prices stable, sentiment positive

26 Apr | Scrap & Raw Materials

Kumba Iron Ore’s output and sales down in Q1

26 Apr | Steel News

Global DRI output down 4.8 percent in March

26 Apr | Steel News

Houston dock delivered P&S scrap prices

25 Apr | Scrap & Raw Materials

Net profit declines at Vale in Q1 2024

25 Apr | Steel News

Dock delivered prices for HMS I/II 80:20 scrap in Houston

25 Apr | Scrap & Raw Materials

Portland dock delivered P&S scrap prices

25 Apr | Scrap & Raw Materials