BHP Eyes 11 New Iron Ore Mines Over the Next 50 to 100 Years
- Miner signs environmental pact with West Australian government
- WA ore president sees strong demand for iron ore continuing
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BHP Group, the world’s largest mining company, says it could build up to 11 more iron ore mines over the next 50 to 100 years in the mineral-rich Pilbara region of northern Australia.
The Melbourne-based miner has signed an agreement with Western Australia’s government to streamline environmental approvals for its long-term iron ore plan. Approval time frames for new mines could be cut by up to 50%.