BHP to Inject $555M to Ramp Up Copper Production in Australia
This past week, BHP announced its plan to invest over $555.1 million dollars in its Olympic Dam project. The project is located in the province of South Australia, on the traditional lands of the Arabana, Dieri, and Kokatha people. This province has 3 underground mines in Carrapateena, Prominent Hill, and Olympic Dam. BHP also operates an exploration project at Oak Dam, which could become the province’s fourth mine in the future. Olympic Dam holds one of the biggest deposits of copper, gold and uranium in the world, making it a major operation for the firm. In its announcement, the mining…