The mine has an initial annual production capacity of 35 million tonnes and is a key part of BHP's plans to lift capacity from its Pilbara operations to 220 million tonnes a year.
BHP Mining News
Brazil's mining sector is expected to see slower average growth rates through 2018 compared with previous years, a report by Business Monitor shows.
Production of the steel-making material, however, increased by 16%, which means the miner is on track to meet its full-year target.
Speculation is mounting as the industry has shifted enough to make a buyout attractive.
But it is planning to do so at the fertile Liverpool Plains, an extensive agricultural area, which is predictably raising opposition from locals.
About 36 contractor and head office positions on the line.
The mining giant believes demand for coal to keep growing over the next 20 years, driven mainly by China and India.
The separate company would be listed on the London Stock Exchange, as well as the Australian and South African markets.
KP405 is said to have enough of the fertilizer ingredient to sustain a mine for decades.
Rio's partner in the project claims there is the potential for a long-life, low-cost mine.
The only stumbling block is the firm's $27bn net debt, which BHP expects to drop below $25bn in three months, removing the final hurdle.
The world’s No.1 mining company's CEO believes coal will remain the main source of affordable energy for growing economies.
Despite record production figures, the world’s no.1 miner's shares dropped in the ASX today.
The miner and commodities trading giant acquired an additional 14.5% interest in Mutanda, a copper mine in the province of Katanga, Congo.
200 jobs will be cut.
Chief Andrew Mackenzie highlighted he will base future decisions on BHP's "four key pillars": coal, iron ore, petroleum and copper.
Company not sure whether to reschedule an official opening event at this point.
Signs of recovery in the resource industry.
"People don't have anywhere to live, and they also are getting cancer from the mining operation."
Prices for the fuel used to make steel have been hurting because of low demand and oversupply from rivals.
Chile's Codelco and BHP’s Escondida mine face labour conflicts.
Marcus Randolph is the American who Andrew Mackenzie beat to become BHP Billiton CEO.
He won't be getting his full sign-on award shares worth US$1.5 million.
Mining stocks took a dip on Tuesday, as major companies such as Glencore Xstrata and BHP Billiton reported losses and massive writedowns.
Today's announcement takes BHP’s total commitment to Jansen to about $3.8 billion.