11 May : BHP Says Yeelirrie Under Review Due to Proposed Resource Tax

BHP Billiton Ltd., the world's biggest mining company, said its planned Yeelirrie uranium mine in Western Australia has been placed under review due to the Australian government's 40 percent resource profits tax.

The mine will produce 3,500 metric tons a year, Andrew Shook, general manager of Yeelirrie, told delegates at a conference in Perth today. That's down from a previous forecast of 5,000 tons a year.

(from Bloomberg)

To contact MNN staff for this story: Kylin at +86-13228199166 or metalnewsnet@gmail.com

Article: 11 May : BHP Says Yeelirrie Under Review Due to Proposed Resource Tax
Keywords: Home - Zirconium - Zirconium Silicate
Channel: Metal - News
Posted: 2010-5-11 16:29:57 by Metalnewsnet
This article comes from Metalnewsnet.com,If you have any questions,Please Click here to contact us.

Visit our Metals News site

Zirconium Company Directory

Contact Info

11 May : BHP Says Yeelirrie Under Review Due to Proposed Resource Tax

More Related News: