BHP sticking with Abbot Pt

BHP Billiton will still be a part of the Abbot Point Coal Terminal expansion.
BHP Billiton will still be a part of the Abbot Point Coal Terminal expansion. Contributed

BHP Billiton has reconfirmed its commitment to Abbot Point Coal Terminal's $6.2 billion expansion deal after Rio Tinto withdrew its involvement at the weekend.

There was speculation BHP Billiton would follow in Rio Tinto's footsteps but a spokeswoman for the company yesterday said they would progress with plans to be part of the expansion.

"BHP Billiton has been awarded preferred developer status for a new terminal (T2) at Abbot Point," the spokeswoman said.

"The development of the BHP Billiton Abbot Point Coal Terminal is subject to detailed assessment and regulatory and owner approvals."

The expansion project has come under doubt since it was announced last month that government approvals would be delayed until December.

Rio Tinto's decision to withdraw has also added to the uncertainty of the expansion.

Meanwhile, Queensland Greens spokesman Jonathon Dykyj said Rio Tinto was being greedy when they decided to pull out of the deal.

"Them dropping out of the deal shows a lack of commitment in the community," Mr Dykyj said.

"They're driven by greed."

Although there had been criticism over the extension over government approvals, they were critical, he said.

"The destruction of the reef and all sorts of things need to be looked at," Mr Dykyj said.

"Senator (Larissa) Waters and the committee are using system and processes of parliament to make sure the appropriate scrutiny and checks and balances are put in place.

"Approval process should take into account each individual project and the accumulative impacts."

BHP Billiton will join Adani and Hancock Coal in the project which is expected to have 12 berths, once completed.

The Queensland Resources Council was approached by the Daily Mercury but did not want to comment on Rio Tinto's decision.

Topics:  abbot point, bhp, coal terminal, mining, rio tinto




Local Real Estate

finda logo
Featured Real Estate
MUST BE SOLD !! All Offers...
House 4 2 2
New Kitchen and 2 Bay... $329,000
House 3 1 2
A Frenchville Family... $419,000 Neg
House 4 2 2
Ultimate Large Family... $559,000 neg
House 6 3 4

Featured Jobs

finda logo

Rockhampton jobs listed daily


Featured Jobs
Occupational... Central Queensland Mc Full Time
Admin Officer... Yeppoon Full Time


Local Partners

LATEST DEALS AND OFFERS

Great Gardening...

Win a $500 gardening gift voucher
Learn More

View today's ePaper!

Read the digital edition
Learn More

Cars For Sale

Find cars for sale online now.
Learn More

Property Listings

Post an ad from $30
Learn More

Local Profile

Stay Connected

Get the news as it happens, in your inbox

You can change the newsletters you are subscribed to when you edit your profile

Edit Profile


Special Offers

Latest deals and offers

Horoscopes

Libra

Someone has overlooked to repay you some money or a favor. You may be at odds as to how to deal with this. Give it a little more time, then...

read more

Marketplace

Special Offers & Promotions

Compare & Save